Westpac New Zealand And NCR Ink Deal To Replace 400 Aging ATMs

Published January 27, 2010, 3:08 p.m. EST

|

Updated January 27, 2010, 2:08 p.m. EST

1 Min Read

Westpac New Zealand has awarded a nine-year contract to ATM vendor NCR Corp. to replace most of the bank’s existing ATMs, according to a statement from the Auckland-based bank. Terms were not disclosed.

Processing Content

Under the deal, the company will replace more than 400 machines, representing 80% of the bank’s ATM network. NCR will replace the aging ATMs with its SelfServ machines, according to the statement. The deal includes on-site maintenance, remote support and help-desk services in addition to software and hardware, the statement notes.

Both parties did not respond to PaymentsSource requests for more details.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Corporate governance

JPMorgan shareholders reject call for more lobbying disclosures

JPMorganChase's shareholders have occasionally floated proposals to make sure the bank's lobbying dollars match its public statements. At the company's annual meeting on Monday, support for one such measure was down significantly from a similar proposal in 2023.

By Nathan Place
National Reporter

4m ago
Industry News

Amid turnaround, Flagstar rewards CEO Otting, names co-presidents

Flagstar Bank extended Joseph Otting's employment contract by one year and granted him new stock awards. Simultaneously, the bank promoted two executives to serve as co-presidents, in a move that could be a hint at CEO succession plans.

By Allissa Kline
Reporter

1h ago
M&A

How NMI and Dwolla's combo boosts a key card alternative

The two fintechs will increase distribution of a 'pay by bank' option that has picked up steam in recent years as merchants and consumers seek relief from card fees.

By John Adams
Executive Editor, Payments

2h ago
Treasury Department

Top Treasury lawyer resigns as $1.8B settlement fund unveiled

The Treasury Department's General Counsel Brian Morrissey resigned his post as controversy grew over a Department of Justice settlement creating a fund to compensate for alleged victims of prosecution by the Biden administration.

By Ebrima Santos Sanneh
Reporter

2h ago
Regulation and compliance

California fines Yotta $1M for deceiving savers

Yotta marketed accounts as FDIC-insured and impossible to lose, then moved $28 million of Californians' money to a Synapse arm its own executives didn't trust.

By Carter Pape
Technology Reporter

2h ago
Federal Reserve

Fed's Waller says AI at central bank has strict guardrails

Federal Reserve Gov. Christopher Waller said Tuesday that central bank researchers using Artificial Intelligence must follow security protocols designed to protect sensitive data.

By Maria Volkova
Reporter

4h ago

Load More