Diebold Completes Important Certification To Expand Multivendor Software Availability For U.S. Financial Institutions

NORTH CANTON, Ohio, June 14, 2016

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."