The company saw a year-over-year downturn of 21 percent in Q2 ATM revenues, but says Q4 projects, expanding profit margins and growth in its software and services segments will see NCR through to the end of 2017 with its full-year earnings forecast intact.
In a Q2 earnings call with analysts, Diebold Nixdorf executives detailed events leading up to the announcement two weeks ago that the company would not meet its initial full-year earnings expectations.
The bell has rung on the latest round of the Diebold-Hyosung patent matchup. The contenders have retreated to their corners with gloves raised in victory, but so far the punch stats are pretty close to 50-50.
Diebold Nixdorf got the ruling they sought against Hyosung in their petition to the ITC, but it won't stop the import to the US of a single Hyosung ATM or affect the operation and servicing of machines already installed.
ATM malware makes for big headlines, but ATM skimming still makes up the bulk of ATM attacks worldwide. Many deployers think antiskimming solutions require a tradeoff between uptime and security — is it really just wishful thinking to imagine having both?
ATM revenues were a notable weak spot in the first quarter of 2017, but NCR got off to a strong enough start overall that executives were able to announce with confidence that full-year revenues would exceed their earlier expectations.
As Earth Day organizers have worked to raise awareness of the impact of industrial activity on the planet, ATM-makers and deployers have worked to reduce their imprint on the environment.
ISOs around the country purchase their ATMs and parts from a network of manufacturers and grey market suppliers on the web. The implementation of an internet sales tax on these transactions would increase costs and almost certainly end up decreasing competition.
ATM downtime represents time lost, opportunity lost and consumer confidence lost — much of which might have been avoided. Self-service management is one way to stop the endless rounds of tech visits and take home the brass ring of lower costs.
Picture this: customers in your busy store, hungry to spend, the tills ringing with the sound of profits. Sounds perfect! Your cashiers are going through till rolls at a tremendous rate and are requesting additional supplies of change, but it’s not only cash to be mindful of.
In its first Investor Day meeting, Diebold Nixdorf focused on plans to integrate, consolidate and acculturate a sprawling services, systems and software business and extended workforce on both sides of the Atlantic.
In earnings calls, NCR Corp. and Diebold Nixdorf execs spoke confidently about a turnaround in their business: NCR touted continued positive momentum; the newly combined Diebold Nixdorf emphasized the magnitude of its portfolio.
In a fast-paced 15-minute presentation, NCR's Andy Aceto explains that the first task in branch transformation is to define the problem. And the solution, he says, 'is not about technology.'
According to Gallop, 80 percent of new bank accounts are still opened in a branch instead of online or over the phone.
See More »
As financial institutions around the world start to replace aging ATM networks with more modern, feature-rich devices, those that get a head start and implement the services consumers expect will be well placed for years to come.