Bank Consolidations Should Not Affect ATM Deployments

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The recent consolidation of bank ATM networks should not have a negative effect on ATM deployments, Brian Bailey, vice president of financial industry marketing at NCR Corp, told CardLine sister publication ATM&Debit News during a meeting Wednesday. JPMorgan Chase & Co.'s purchase in September of Seattle-based Washington Mutual Inc. (CardLine, 9/25) may boost deployment of "intelligent-deposit," or envelope-free, ATMs, Bailey says. New York-based Chase, a large NCR customer, is a leader in deploying envelope-free ATMs, but WaMu did not have a single envelope-free machine, he says. Wells Fargo & Co., which is merging with Charlotte, N.C.-based Wachovia Inc. (CardLine, 10/3), has tested NCR's envelope-free SelfServ ATMs for the past three months, Bailey says. San Francisco-based Wells Fargo works closely with NCR rival Wincor Nixdorf AG, but Bailey expects Wells Fargo to follow a multi-vendor strategy, which is considered normal in the industry, and buy ATMs from a number of companies. Wincor Nixdorf is based in Paderborn, Germany. Dayton, Ohio-based NCR is the world's largest ATM manufacturer based on 2007 shipments, according to Retail Banking Research Ltd., a London-based strategic consulting firm.

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