Diebold Nixdorf And Mastercard Join Forces To Provide Industry-Defining, Managed Self-Service Solution For Banking And Retail Customers
12 July 2018
Partnership between two world-leading companies will deliver end-to-end, secure offering designed to dramatically impact channel operations
The solution combines Diebold Nixdorf's expertise in omni-channel innovation and consumer transactions on the front-end, with
Delivered completely via an "as a Service" model, the offering is designed specifically to enable customers to dramatically impact their channel operations through:
- Operational Efficiencies: with more and more banks and retailers hesitant to invest in networking infrastructure, leveraging
Mastercard'ssuperior network switching and data/fraud analytics capabilities, such as SafetyNet and Decision Intelligence, will mitigate legacy infrastructure challenges. Future functional expansion will be better enabled as ongoing investments will be optimized and risk exposure reduced.
- Seamlessness and Speed: as an end-to-end managed solution, this will allow financial institutions and retailers to be able to adopt and integrate best-of-breed emerging solutions rapidly and efficiently.
- Convenience and Choice: with cardless transactions, authenticated via biometric or other processes, end consumers will be able to enjoy the speed, simplicity and security of using their mobile devices to transact at automated teller machines (ATMs).
- Innovation and Differentiation: in the future, retailers will be able to service more customers across more payment types, and financial institutions will be able to launch new products with speed and agility that enhance the personalization experience for consumers and deepen market differentiation.
"At Mastercard, we are always considering what the future can bring, especially in the context of evolving the digital ecosystem. Today we have a great opportunity with Diebold Nixdorf to deliver the next wave of digital products, with global scalability, for financial institutions and retailers," said Rama Sridhar, executive vice president, Digital and Emerging Partnerships,
This announcement builds upon
"Banks and retailers recognize that the core to success is the ability to better understand, connect and deliver differentiating services to consumers. To achieve this they must have laser focus on their core business; that can only come with having peace of mind in a secure, managed and future-ready channel," said
About Diebold Nixdorf
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SOURCE Diebold Nixdorf
Diebold Nixdorf Media Relations, Tiffini Bloniarz, +1 330 490 3823, email@example.com; Diebold Nixdorf Investor Relations, Steve Virostek, +1 330 490 6319, firstname.lastname@example.org; Mastercard Media Relations, Barkha Patel, +65 6390 6012, email@example.com