cashotec – the ATM information source and discussion site

Today at Mobile World Congress 2010, Sicap, the Swisscom owned mobile solutions pioneer, and Wincor Nixdorf, the leading Automated Teller Machine (ATM) manufacturer and IT solutions provider to the retail banking sector, unveiled ATMs specially designed for unprecedented mobile money services, including cash-in / cash-out transfer facilities. Jointly designed and developed by Sicap and Wincor Nixdorf to install in retail outlets or offsite prime locations, the machines are set to kick-start the usage of ATMs for mobile network operators and mark an important evolution in how mobile customers interact with their operator.

“Being first to market with an m-transaction ATM confirms our pioneering spirit, our server-side expertise and our ability to deliver user-friendly services in their regional context. We are proud to partner with Wincor Nixdorf as a reputed leader in ATM technologies to achieve this.” said Jürgen Samuel, Sicap CEO
Mr. Stefan Auerbach – Executive Vice President of Wincor Nixdorf Banking added that “mobile money solutions powered by Wincor Nixdorf financial services expertise will give operators a clear competitive advantage and customers a consistent and worthwhile service experience. With its expertise in the network operator market, Sicap is an ideal partner for Wincor Nixdorf to expand our successful multichannel software approach to the benefit of mobile carriers.” Read more…

New solution portfolio for cash cycle management

Cash continues to be the number one payment medium. “Nine of ten payment transactions worldwide are made with cash. Our estimates show that this creates more than 300 billion dollars in costs, primarily for banks and retail businesses,” explains Eckard Heidloff, President and CEO of Wincor Nixdorf, at the opening of Wincor World 2010. The number of euro banknotes alone is growing at the rate of nine percent yearly according to the European Central Bank. On the whole, cash handling in Europe costs approximately 50 billion euros every year. Thus Heidloff presented a solution portfolio as the kickoff to Wincor World that makes the most of the common ground in cash handling processes at retail companies and banks, and takes a completely new approach. The portfolio, which Wincor Nixdorf is marketing under the name “Cash Cycle Management Solutions”, enables manual processes to be automated, with the result that bank and store employees no longer come into contact with cash. The results: maximum security, the greatest possible transparency, better processes and cost reductions of more than twenty percent.

Heidloff emphasized that Wincor Nixdorf continues to be a reliable and stable solution partner to banks and retailers. To be sure, the Group’s sales fell by six percent and its EBITA by thirteen percent year-on-year in the first quarter of the new fiscal year 2009/2010. And Heidloff added that Wincor Nixdorf expected sales and operating income to be down somewhat for the fiscal year as a whole, but not by more than in the last fiscal year 2008/2009, when sales fell by three percent and income by thirteen percent. The company’s objective is to remain stable throughout the crisis, while preparing for when the economy recovers in strength. Read more…

Wincor Nixdorf AG closed its first quarter of the current fiscal 2009/2010 with net sales and operating profit (EBITA) down 6% and 13% respectively on the same period in the preceding fiscal 2008/2009. Net sales for the Group, which specializes in IT solutions for the branch operations of banks and retailers, fell in the first three months to EUR607 million (previous year:
EUR646 million). EBITA was also lower at EUR49 million (EUR56 million). The EBITA margin fell accordingly to 8.1% (8.7%), while profit for the period declined 6% to EUR33 million (EUR35 million). Looking ahead at the rest of the fiscal year, President & CEO Eckard Heidloff pointed to the continued impact of the economic and financial crisis. “In the short term at least we expect the worldwide environment to remain challenging. Developments in the market and in our business are still difficult to predict,” he explained.
Against this background he sees the probability of fluctuations in business performance during the year and within regions. For fiscal 2009/2010 as a whole, Wincor Nixdorf anticipates a further decline in its net sales and operating profit, albeit no greater than that experienced in the last fiscal year (2008/2009: net sales – 3%, EBITA – 13%).
Read more…

The topic of cash cycle management will be the focus of Wincor World 2010, which will take place in Paderborn from January 26 to 28. At this event, Wincor Nixdorf invites IT decision-makers from all over the world to join in the discussion on IT solutions that enable the optimization of branch and store processes at retail banks and retail companies. The company and many of its partners will present solutions for hardware, software, service and professional services across an area of some 10,000 square meters. As in years past, a prominent feature of the event is the targeted transfer of know-how through a program of presentations.
The circulation of cash – which continues to be the leading payment medium – is the source of extensive manual work and high processing costs in addition to posing security risks. For this reason, Wincor Nixdorf is placing solutions for cash management at the heart of this year’s Wincor World. With its innovative, significantly expanded Cash Cycle Management Solutions portfolio, Wincor Nixdorf is presenting itself as an end-to-end supplier for the design of intelligent cash processes. A number of solution scenarios demonstrate how the redesign and automation of cash processes through innovative technologies can significantly increase efficiency, transparency and security. As a result, savings of more than twenty percent in the costs of cash processing can be achieved. Wincor Nixdorf’s approach rests on streamlining cash management in retail stores and banks, but beyond that it intelligently connects cash processes across sectors. The company will therefore present not just concrete solutions for cash processes in bank branches and stores, but also concepts for cross-sector cash cycle management. Read more…

Wincor Nixdorf awarded contract to provide site systems hardware as part of Shell’s Global Site Systems Program Wincor Nixdorf has extended its relationship with Shell International Petroleum Company Limited (Shell), an affiliate of Royal Dutch Shell plc.
The IT solutions provider has been selected to equip Shell service stations internationally with a new hardware solution platform in a move to further standardize large sections of the global service station network.

“Shell is pleased to announce that Wincor Nixdorf has been awarded the
contract to provide site systems hardware such as point-of-sale (POS)
terminals and peripherals as part of Shell’s Global Site Systems Program,” said David Moss, General Manager Global Site Systems, from Shell. The program will be rolled out over the next five years and benefit a significant proportion of Shell’s retail operations. The contract was awarded following a rigorous nine-month selection process. As a key partner to the Global Site Systems Program, Wincor Nixdorf will also be responsible for hardware deliveries – POS systems and peripherals – to Shell over the life of the program.

Wincor Nixdorf`s comprehensive i-SERVICE STATION solution consists of Namos software and Beetle POS hardware, which have set a new standard for combined service station – convenience retail operations.

The high-performance, scalable POS terminals combine the latest PC standard technology with tried-and-tested, POS-specific features. The product portfolio offers a wide choice of system units, peripherals and extension options for customized sector-specific configurations in international retailing and the service industry. A high-level of reliability, ease of use, integrated data security and service/management concepts, as well as controlled further development and availability of the products, secure
customer investments.

“We are delighted to have been awarded this extremely important project by Shell which has reinforced our key role in the Shell Global Site Systems Program,” said Horst von Wels, Director Service Stations International at Wincor Nixdorf. Five of the world’s top 10 mineral oil companies trust in Wincor Nixdorf as their global solution provider. “With Namos software and Beetle hardware, Wincor Nixdorf offers a complete site systems solution deployable in all countries.”

Wincor Nixdorf, a leading provider of hardware, software and services technology to banks and retailers, has acquired Siemens Inc.’s Information Technology Products & Services (ITPS) Division. The Manila-based company will now be named as Wincor Nixdorf Philippines Inc. and will operate as a full-fledged legal entity under the umbrella of the Wincor Nixdorf Group. The acquisition was effective June 1, 2009.
“Wincor Nixdorf is pleased to become the owner of this business after many years of cooperation with Siemens Inc.’s ITPS Division and is excited about expanding our business and solutions offerings to such a strategically important market,” says Lim Khoon Hong, Asia Pacific President and Executive Board Member at Wincor Nixdorf. Read more…

Title: Wincor World 2010
Location: Germany, Paderborn
Link out: Click here
Description:

Attention: In the text “we” means Wincor-Nixdorf and not cashotec.com

Why not write down the date for Wincor World 2010 now? From January 26 through 28 we will be presenting innovations that can help you shape your future business processes.

We want to show you new solutions to help you master today\’s challenges; solutions that can help you improve your customer relationships and optimize your cost structure. Comprehensive IT solutions for hardware, software, services and consulting: Wincor World 2010 offers a 360° view of our end-to-end portfolio of products and services that are designed streamline the business processes of banks and retail enterprises and make them more efficient.

The trade fair will showcase:

- Automation solutions for branches and stores
- Software platforms and service-oriented IT infrastructures
- Self-service solutions
- Solutions for optimizing the cost structure of IT operations

Wincor World 2010 is the international platform for the exchange of ideas and experiences. The practice-oriented approach of the accompanying series of presentations is again a key aspect of the event. Profit from the know-how of IT users, experts and industry visionaries and utilize this information in your daily business.

For the most up-to-date information on the trade fair and accompanying program please visit this Website.

We look forward to welcoming you to Wincor World 2010!
Start Date: 2010-01-26
End Date: 2010-01-28

Wincor Nixdorf pioneers bank branch transformation in Indonesia

Revenues increase at redesigned Bank Central Asia branches

Bank Central Asia (BCA), one of Indonesia’s largest banks, has partnered with Wincor Nixdorf to rejuvenate its branch network. The goal of the new open-concept branch is to create an environment that offers faster and more efficient services, while fostering comfort and discretion for visitors.

“Through the branch we want to strengthen our relationship with our customers, so the transformation had to reflect exactly what customers wanted and how we could improve our service offering to them,” said Lilik Winarni, Chief Manager of Operation Strategy & Design at the Bank of Central Asia (BCA).

In consultation with BCA, Wincor Nixdorf and its architect partner Kranz InnenArchitekten redesigned the new branches into three distinct zones: customer service, teller-transaction and the self-service area which feature Wincor Nixdorf’s ATM and kiosk terminal solutions.

Wincor Nixdorf has created an environment that optimizes foot-traffic patterns for BCA to ensure that its customers are directed to the appropriate bank areas immediately. Customers now wait in ‘active waiting zones’ where they can view digital signage for the latest product offers from the bank, daily news and advertisements.

“The branch transformation project has improved interaction with customers at both new branches and as a result revenues have jumped by approximately 20 to 30 percent for consumer products such as credits cards, car loans and mortgages,” added Winarni.

BCA completed a recent branch transformation project in Jakarta in March 2009, with the first successful project also in the capital city in October 2008. The bank is aiming to duplicate the open-concept design across other branches in the future after receiving feedback from customers that it exceeded their expectations.