News
WINCOR WORLD: Deposits, coins and cards
January 31, 2008
PADERBORN, Germany —Wincor Nixdorf Internationalwrapped its annual trade fair,Wincor World, on Thursday with more than 7,000 tallied attendees. The show's opening day, Tuesday, pulled in a record number of nearly 3,000 visitors. Wednesday likely broke a record as well, show organizers say, with some 3,500 attendees recorded on the roster. On the banking side, deposit automation and Wincor Nixdorf's mixed-bundle-deposit technology, which the company introduced in November at BAI's Retail Delivery Conference & Expo, caught the eye of U.S.-based Wells Fargo & Co. Jonathan Velline, who heads Wells' ATM division, said Wells is working with Wincor to test the new deposit functionality. He says the mixed-bundle option will take time to perfect, but he's keeping his fingers crossed that Wells can deploy it sometime within the coming year. "We, obviously, have had positive feedback since deploying the CCDM (cash and check deposit module), and we think the bundle is critical for deposit automation," Velline said. "What's interesting about this new device for mixed bundle is that it seems to bring simplicity to the deposit. Even if the customer only deposits checks or cash, they don't have to worry about hitting the cash or check. It can accept either one. And the easier we make it for the consumer, the better the service." Wells and Wincor are in talks, Velline said, to explore ways they can test the solution. Velline would not discuss when Wells may begin testing the solution. "We were the first to truncate a check under Check 21, and we do try to push the technology as far as it can go," he said. "So we hope to continue to be innovative." Beyond deposit automation, coin-in/coin-out features, instant-card issuance, security, and updates to the ProClassic/Enterprise suite were highlights. At least that's the way Uwe Krause, who oversees marketing for Wincor Nixdorf's banking division, saw it.
Coin-handling technology pulled attendee attention on the retail and banking sides of the show.
Wincor showed its ProCash 2100xe with a new feature that allows rolled-coin dispense. Although still being tested, the coin feature has been designed to meet the needs of small retailer and business owners, especially in Europe, who need ready access to coin currency.
The prototype is equipped with eight magazines that each can hold between 250 and 500 rolls.
Another prototyped technology was Wincor's instant-card issuance technology, which is being beta tested with magnetic-stripe cards but could later include chip-embedded and RFID-readable cards.
"Surprisingly, we've had a lot of interest in our card technology. It's something we're showing in the branch where bankers could have a place to print cards," Krause said. "Most Americans have between five and 15 cards in their wallets and it costs the bank about $15 to $22 to issue each of those cards. It also takes time. Here, we have come up with a way to print cards instantly and we've gotten a lot of international interest."
The technology was developed just before the opening of the trade fair and is still a prototype, Krause says.
ManufacturersPublic CompaniesATM ManagementIndustry OrganizationsNorth AmericaBank / Credit UnionBranch TransformationWincor Nixdorf International
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