3 minute read

‘A Competitive World of Finance’

Digital Media Marketing

MB Enterprises

Advertisement

Several companies rule over the ATM industry & they can be categorized as the financial world. The global ATM market size reached US$ 24 billion in the year 2022. It is a growing business in North America, especially in USA & Canada. ATMs, also known as Automated Teller machines, are used not only for cash withdrawals but also for balance enquiry, payments transfer, requesting mini-statements & change of pin for an ATM card, also known in the West as ID. Undoubtedly, the world of ATMs is more diverse & dynamic than it used to be in the era of the very early Citi bank ATMs in the

USA, the country where it all originated from.

There is a good-enough pool of companies or a whirlpool striving every day for the best results in the ATM market. All these companies aim to increase the extra-security layer of technologically advanced ATMs. Thus, integrating the ATMs with advanced security features and mechanisms, including biometric authentication, fingerprint sensor, and OTP or One-Time password services, to prevent fraudulent activities.

Part of the modern world phenomenon in the ATM sector is intelligent talking ATMs for users with special requirements. Also, using contactless ATM kiosks to avoid touching is a key requirement during the recent coronavirus pandemic. Also known technically or medically as COVID-19. There are many other features that companies are coming up with every day as part of the innovations introduced in the ATM sector. Ironically, all this adds up to the enhancements in usability & safety & security of the transactions.

Here are some of the prominent ATM manufacturers & companies in the world;

DIEBOLD NIXDORF INC.:

Diebold Nixdorf Inc. is a company from the United States of America which was established in 1859. The headquarters of the company is in Ohio, USA. The company falls under the FI’s or Financial Institutions category & is a global leader in banking solutions and retail tech systems. These systems help banks, credit unions & retailers meet the requirements & needs of the connected customers.

As a vital part of the specialized services, the company excels in manufacturing, selling, installing and servicing financial & retail self-service solutions.

The company amazingly falls on the list of being a multinational brand with a presence in almost 130 countries & 25,000 employees working under the banner of Diebold Nixdorf Inc. The company enjoys a major presence in the US, Germany, Australia, Canada, Brazil, France, Hong Kong, China, India, Italy, the UK, Mexico, Spain, Poland, and UAE & South Africa. Also includes Thailand as being a country of major presence.

NCR CORPORATION:

The company NCR, known fully as NCR Corp., is also a global brand which is very popular, although it comes after Diebold Nixdorf Inc. The popularity levels are there in Asia & Europe more than other continents as a highly worthwhile multinational. It was established in the year 1884, and the HQ of the company is in Georgia, United States.

NCR serves mainly in the financial, retail & hospitality industries and offers diversified financial services & operations, including ATM services. The company has around 35K employees in almost 150-160 countries, more than Diebold Nixdorf Inc.

The key financial services offered under the banner of NCR Corp. include POS Software & solutions, multi-vendor ATM software, self-service ATMs, self-service Kiosks, back office solutions, and advisory, deployment, implementation, maintenance & managed services. The brand image of NCR is much higher than any other in the ATM sector.

TRITON:

The Triton Systems of Delaware LLC is a company known in short as Triton. The company is young. However, it’s just 44 years old and an established ATM brand. The HQs of the company has been in Mississippi since it was formed in 1979.

The company is a leading manufacturer and provider of off-premise ATMs & ATM Management Software in North America.

According to the stats, there are approximately around 210,000 installments in almost 26 countries. A benchmark that many companies couldn’t make in such a quick time, i.e. coming in the good books in such a fast time. It also holds the title of the world’s leading retail ATM supplier.

FUJITSU:

The company Fujitsu is a Japanese company & that was established pre-World War II, i.e. in 1935. The Headquarters of the Multinational Company is in the capital city of Tokyo, Japan. It’s a global information & communications technology company offering a wide range of tech products, solutions & services. Serves the financial services, automotive, retail manufacturing, the public sector, energy and utilities and transport markets.

Apart from providing hybrid IT services, ATMs, POS systems, electronic devices, electronics, Data center services, integrated systems, network switches & storage solutions.

The company has a global network of Research & development, also known as R&D activities, apart from diversified support operations. These are support operations covering the continent & regions across North America, Central America, South America, Europe, Asia, and Africa & Oceania. In short, it’s the whole world.

All these companies have a presence which is very old while two of them are pre-World War I & just one of them being almost 44 years old. The tech innovations and R&D is a constant process in these MNC’s apart from constantly improving the security & safety aspects in ATM & POS technologies. In the ATM sector alone, key developments in the last few decades have made all these companies as major benchmarks in the ATM industry since the industry was born.

This article is from: