NORTH CANTON, Ohio,
June 14, 2016 /PRNewswire/ --
Expanding its multivendor software availability for U.S. financial
institutions, Diebold, Incorporated's (NYSE: DBD) VISTA™
multivendor software platform has recently been certified by
payment processor, Vantiv, Inc. (NYSE: VNTV). This certification
lays the foundation for Vantiv customers to take advantage of
technological advances in self-service as software continues to
drive the future of banking.
Following the acquisition of Phoenix Interactive last year,
Diebold is continuing network certifications and its transformation
to become a services-led, software-enabled technology leader. In
the last three years, Diebold's North
America multivendor software market share grew from 2
percent to 28 percent.[1]
The certification of Diebold's multivendor software platform
enables financial institutions that are part of the Vantiv network
to provide seamless banking services and maximize the efficiencies
of their automated teller machine (ATM) networks. In addition,
advanced ATM software provides financial institutions with the
flexibility to quickly incorporate security and authentication
functionality, such as mobile contactless withdrawals, pre-staged
transactions and biometrics.
"The continuous evolution of our software capabilities further
positions Diebold as a leader in multivendor ATM management. Our
multivendor software solutions enable more financial institutions
to take advantage of Diebold's best-in-class software and services
capabilities, regardless of automation hardware manufacturer," said
Alan Kerr, executive vice president, software, Diebold. "Network
certifications such as this are important as we continue to gain
market share in the regional bank space."
According to a recent Retail Banking Research (RBR) report, the
multivendor software market is forecasted to grow nearly 70 percent
by 2020.[2] This projected growth reflects the power
that ATM software has to shape the future of the industry.
"Vantiv is always evaluating best-in-class solutions available
to the industry to provide its partners with the most innovative
solutions in the market," said Rob
Casterline, leader of product, core processing, Vantiv.
"Certification of the VISTA multivendor ATM software platform
enables financial institutions in the Vantiv network, with Diebold
or non-Diebold hardware, to improve their speed-to-market for
implementing new self-service capabilities."
"As one of the first financial institutions to implement the
VISTA software platform on the Vantiv network, our primary
objective is to enable our members to make more secure and
convenient transactions at the self-service channel – today and in
the future," said Andrew Rosen,
president and chief executive officer, Hawaii State Federal Credit
Union. "Diebold's software enables us to streamline our current
operations and quickly incorporate additional features and advanced
functionality as we continue to build our network on Diebold's
multivendor software platform."
About Hawaii State Federal Credit Union
Hawaii State Federal Credit union offers its members a full
range of financial services from high-interest savings and checking
accounts to mortgage and consumer loans and credit and debit cards.
Members can easily access their credit union accounts and conduct
transactions 24-hours a day, 7-days a week, 365-days a year through
the use of Private Line (bank-by-phone), or by logging-in to Hawaii
State FCU's free Online Banking system featuring free, unlimited
online bill pay. Founded in 1936, Hawaii State FCU is a
not-for-profit financial cooperative owned and operated by its
members, who are state employees, their immediate families and
household members, as well as non-profits and select businesses and
their employees and families across the state.
About Vantiv
Vantiv, Inc. (NYSE: VNTV) is a leading payment processor
differentiated by an integrated technology platform. Vantiv offers
a comprehensive suite of traditional and innovative payment
processing and technology solutions to merchants and financial
institutions of all sizes, enabling them to address their payment
processing needs through a single provider. We build strong
relationships with our customers, helping them become more
efficient, more secure, and more successful. Vantiv is the
second-largest merchant acquirer and the largest PIN debit acquirer
based on number of transactions in the U.S. The company's growth
strategy includes expanding further into high-growth channels and
verticals, including integrated payments, eCommerce, and merchant
bank. Visit us at www.vantiv.com, or follow us
on Twitter, Facebook, LinkedIn, Google+, and YouTube.
About Diebold
Diebold, Incorporated (NYSE: DBD) provides the technology,
software and services that connect people around the world with
their money - bridging the physical and digital worlds of cash
conveniently, securely and efficiently. Since its founding in
1859, Diebold has evolved to become a leading provider of
exceptional self-service innovation, security and services to
financial, commercial, retail and other markets.
Diebold has approximately 15,000 employees worldwide and is
headquartered near Canton, Ohio,
USA. Visit Diebold at www.diebold.com or on Twitter:
http://twitter.com/DieboldInc.
[1] RBR. March 2016.
ATM Software 2016 Part 1: Market Data.
[2]
RBR. March 2016. ATM Software 2016
Part 1: Market Data.
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SOURCE Diebold, Incorporated