Brazilian ATM Maker Enters U.S. Market

The Brazilian ATM and kiosk manufacturer Itautec SA has begun selling its roster of Adattis ATMs, cash dispensers and kiosks to U.S. credit unions and community banks.

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Itautec first announced its intentions to enter the U.S. market in July. "After more than 30 years of work in Brazil and, ultimately, throughout South America, Latin America, Europe, Asia, Australia and Africa, the timing is ideal for Itautec to enter the U.S market," Marcio Weltman Dvorkin, Itautec America general manager, said in a press release Wednesday. "The U.S. fleet is aging, so financial institutions are seeking new, multifunction ATMs."

The Adattis Intelligent Deposit automated teller machines support bulk cash and bulk check acceptance, image capturing and touch screens, and a customizable hardware and software package, which will simplify how U.S. credit unions and banks satisfy coming American With Disabilities Act regulations, according to Dvorkin. Those rules pertain to modifications needed for U.S. ATMs to satisfy the needs of the visually and hearing impaired.

"There currently are 420,000 ATMs across America — many are past their prime. And by March 15, 2012, all must have voice guidance, Braille-instruction labels and keyboard and height standards along with other ADA requirements," Dvorkin said.


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