Wincor Nixdorf Tops Bulk-Deposit ATM Milestone

Wincor Nixdorf has implemented its 10,000th bulk-check deposit automated teller machine worldwide after it rolled out one of the 1,000 machines it has sold to Wells Fargo in California. Wincor, which manufactures the equipment in Germany, has contracts or pilot programs in place with nine of the top 20 U.S. financial institutions for these bulk-deposit machines that permit envelope-free, image-based deposits (up to 50 items at a time), with Wells being its primary customer at the moment. The company has announced plans to offer an upgraded version of the machine to the U.S. market next year, with new features such as single-slot cash/check entry in its competition, in hopes of gaining share against American firms NCR and Diebold. Wincor also has unveiled a new smaller, off-premise ATM (three-square feet), which will be marketed for non-banking sites like supermarkets, gas stations, bars, restaurants, office buildings and movie theaters, according to Wincor.