CHICAGO Diebold Inc. is to supply ABN Amro Bank with components to upgrade more than 250 Diebold automated teller machines the bank acquired in April when ABN Amro Holding NV bought Michigan National Corp. of Farmington Hills.
Donna Magnuson, vice president of ATM network services at ABN Amro, said the upgrading would save the company a significant amount by letting it update the ATMs for conversion to the ABN Amro network rather than replacing the entire fleet.
In addition to being the most cost-beneficial method of bringing these ATMs into our network, upgrading the terminals also provided us with a good opportunity to broaden our fleet of ATMs and enhance our relationship with Diebold, she said.
Most of the machines targeted for upgrading are Diebold advanced-function lobby units. The ATMs are to be upgraded from a firmware-based processor to a software-based HTP processor that will offer faster transaction times and let the bank capture data from the machines electronically.
The units will also get new color monitors for enhanced branding and marketing capabilities.