Banking Solutions facilitate teller cash transactions.
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Press Release Summary:
While 220 Express Cash Dispenser (ECD) automates cash-handling tasks for tellers, 228 Express Cash Recycler (ECR) - which offers 10-denomination configuration - allows teller to reutilize deposited cash and enables financial institutions to efficiently manage their cash inventories. Both products offer touch screen capabilities and are designed to fit comfortably under existing bank branch counters with minimal, if any, modifications.
Original Press Release:
Diebold Announces Teller Cash Automation Solutions as Key Component of Successful Branch Transformation Strategy
New Express Cash Dispenser and Express Cash Recycler complement overall branch transformation strategies
NORTH CANTON, Ohio, July 31 -- The bank branch remains the relationship hub for the 93 percent of household family members who visit them monthly, according to a 2003 TowerGroup study. Understanding the need among financial institutions to enhance productivity and teller efficiencies at the branch through flexible solutions adaptable to their cash- flow environment, Diebold (NYSE:DBD) has introduced two distinct products that answer these industry requirements: the 220 Express Cash Dispenser (ECD) and 228 Express Cash Recycler (ECR).
The 220 ECD, engineered with proven, state-of-the-art cash dispensing technology, is designed to automate cash-handling tasks for tellers. The 228 ECR, which offers the industry's only 10-denomination configuration, allows a teller to reutilize deposited cash and enables financial institutions to efficiently and economically manage their cash inventories.
"Financial institutions are demanding a total teller automation solution that addresses both cash dispensing and recycling capabilities," said Chuck Ducey, Diebold's senior vice president, global development and services. "Diebold has been a leader in branch optimization solutions for years and our customers have come to expect innovative approaches that consistently deliver efficiencies."
The introduction of the ECD and ECR follows extensive independent research and user studies to validate the engineering and design of the units and to incorporate features and enhancements in the products that are desirable among financial institutions, tellers and service technicians. The ECR and ECD, for instance, were specially designed to fit comfortably under existing bank branch counters with minimal, if any, modifications. The units also offer exclusive touch screen capabilities that enable a more intuitive user experience for servicing.
About Diebold
Diebold, Incorporated is a global leader in providing integrated self- service delivery and security systems and services. Diebold employs more than 15,000 associates with representation in nearly 90 countries worldwide and is headquartered in North Canton, Ohio, USA. Diebold reported revenue of $2.9 billion in 2006 and is publicly traded on the New York Stock Exchange under the symbol "DBD." For more information, visit the company's Web site at http://www.diebold.com/.
