Real-Time Services Give Bank Customers Faster Access to ATM Deposits
Paderborn, Germany, 2014-9-19— /EPR Retail News/ — Wincor Nixdorf today announced that BBVA Compass is actively using the Wincor Check Cash Consolidation Server (CCCS), which automates cash and check deposit processing and helps give the bank’s customers faster access to their money through ATMs.
As part of the initial CCCS deployment, Wincor worked with BBVA Compass to replace the bank’s legacy envelope-style batch processing system with a real-time, end-to-end check imaging and automated cash deposit solution. BBVA Compass operates 673 branches domestically and is among the top 25 largest U.S. commercial banks based on deposit market share.
“We created a best-in-class hardware and software solution for BBVA Compass that enhances usability and grants customers earlier availability to their deposits,” said Javier Lopez-Bartolome, president & CEO of Wincor Nixdorf, USA. “This latest initiative expands our technology relationship with BBVA Compass and provides a solution that seamlessly integrates into the bank’s customer-centric infrastructure.”
The new system allows cash and checks to be processed in real-time, giving customers near immediate access to their money. The cost-effective solution also improves efficiency by fully automating the process.
“Our customers expect near immediate access to their money, and Wincor Nixdorf’s solution allows us to provide that across our ATM fleet,” said Franklin Johnson, applications manager for BBVA Compass.