End-to-end offerings deliver advanced functionalities and
enhanced consumer experience to Czech Republic
PRAGUE, Feb. 13, 2017 /PRNewswire/ -- Air Bank, an
emerging financial institution in the Czech Republic, is partnering with Diebold
Nixdorf (NYSE: DBD), the global leader in driving connected
commerce, based on its ability to innovate and deliver enhanced
consumer experiences with the CS 2020 cash dispenser, software and
services. The cash dispensers feature a range of advanced
software-enabled digital functions, including the ability to
authenticate and transact without the use of a traditional card
reader or PIN pad.
Air Bank is piloting the new contactless machine that enables
consumers to withdraw cash without inserting a card into the card
reader. Instead, for user authentication, they can tap a near field
communication (NFC)-enabled card, a NFC-stick or a NFC-sticker,
that can be stuck onto a smartphone, for example, to the reader and
enter their PIN on an encrypted touchscreen. The simplification of
the user interface enables consumers to benefit from fast,
convenient transaction processing which creates a better consumer
experience. The addition of a contactless reader and an encrypted
touchscreen for PIN entry further enhances the consumer experience
by eliminating the risks of card trapping and skimming attacks.
For the first time—and within less than six months of becoming a
combined company—Diebold Nixdorf has rapidly configured and
deployed a complete end-to-end solution for Czech Republic's Air Bank with
state-of-the-art hardware technology powered by advanced software
and supported with world-class services.
As a recipient of the Red Dot Design Award in 2016, the
CS 2020 conveys a minimalistic
design and innovative consumer experience, in turn supporting Air
Bank's philosophy of easy-to-use services. "Simplicity is one of
the key values of our bank," said Jaromir
Vostry, product manager for cards, at Air Bank. "With
enhanced functions, the new contactless ATMs enable customers to
withdraw cash as easily, comfortably and securely as they are used
when making contactless payments in shops and other places."
"With the CS 2020, we as a technology innovation leader created
a system that merges today's needs with tomorrow's vision for cash
access for all users. And we are offering the familiarity,
security, and functionality consumers expect across retail banking
omnichannel environments," said Dr. Ulrich
Näher, senior vice president, systems at Diebold Nixdorf.
"As an integral technology partner, we look forward to working with
Air Bank to support its successful connected commerce
offering."
The CS 2020 can also be configured to authenticate users
cardlessly through pre-staging a transaction on the consumer's
smartphone. Once the transaction is staged, the user receives a
secure QR code or one time PIN. When the QR code is scanned or the
PIN is entered at the ATM, it quickly dispenses the cash.
Air Bank cooperates with Diebold Nixdorf since its founding in
2011. Since then, Air Bank has invested heavily in the expansion of
its self-service channel and plans to grow their existing network
of 160 terminals with both contactless and traditional card reader
technology throughout 2017.
About Air Bank
Air Bank, a member of PPF Group is a
modern and innovative 21st century Czech bank offering a new
generation of online banking and running its own branch network. It
officially started its operations in the Czech Republic in November 2011 with a view to be the first bank
that people can like. Air Bank's key values include simplicity,
courage, user-friendly approach and transparency. In November 2016, five years since its start, Air
Bank had more than 700 employees, 34 branches in major Czech
cities, and more than 500,000 customers, and it managed deposits in
excess of CZK 75 billion.
About Diebold Nixdorf
Diebold Nixdorf is a world
leader in enabling connected commerce for millions of consumers
each day across the financial and retail industries. Its
software-defined solutions bridge the physical and digital worlds
of cash and consumer transactions conveniently, securely and
efficiently. As an innovation partner for nearly all of the world's
top 100 financial institutions and a majority of the top 25 global
retailers, Diebold Nixdorf delivers unparalleled services and
technology that are essential to evolve in an 'always on' and
changing consumer landscape.
Diebold Nixdorf has a presence in more than 130 countries with
approximately 25,000 employees worldwide. The organization
maintains corporate offices in North
Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under
the symbol 'DBD'. Visit www.DieboldNixdorf.com for more
information.
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SOURCE Diebold Nixdorf