Diebold, Incorporated (NYSE: DBD) has secured a contract to deliver approximately 1,200 self-service terminals to China Construction Bank (CCB).
The agreement will provide increased security and convenience for consumers and facilitate the expansion of the bank's nationwide self-service network. It includes Diebold's Bulk Cash Recycle Machines (BCRM) and its advanced-function Opteva automated teller machines (ATMs) running on Agilis software.
"Diebold's comprehensive, self-service solutions satisfy a variety of demands from customers in different banking environments," said James L.M. Chen, vice president and managing director of Diebold Asia Pacific. "Diebold's thought leadership in branch innovation keeps our Chinese customers abreast of any developments in the financial self-service industry."
Diebold's Opteva S.A.F.E. (Secure Anti-Fraud Enhancements) ATM represents the latest in technological enhancements to deter ATM fraud. Diebold's unique system of integrated, layered technology solutions guards against all types of ATM fraud and enhances security for ATM users.
S.A.F.E. complements Diebold's 14 integrated ATM security features, ranging from consumer awareness mirrors to operating system software security. Diebold's objective is to deter, detect and deploy best-in-class security solutions to minimize losses, mitigate risk for customers and maintain consumer confidence in using ATMs.
Diebold's BCRM accepts large amounts of cash from customers and also dispenses that cash to other customers. In so doing, it frees bank personnel to promote and sell more value-added services.
"Our Opteva ATMs and bulk cash recyclers are very popular with, and widely recognized by, Chinese customers," said Daniel Hu, managing director of Diebold Greater China Area, "As a long-term, trusted partner of China Construction Bank, Diebold believes the relationship will expand to other areas, such as ATM network management and branch innovation solutions."
All of the machines, which are in compliance with EMV security standards requiring chip cards and Triple DES encrypted key pads, will assist with CCB's EMV migration by year's-end.