Wincor Nixdorf establishes in Australia as banks confront ATM regulatory change

Peter Dinham
Thursday, 26 March 2009 08:49

IT Industry - Deals

Defying global economic pessimism, Wincor Nixdorf – the world’s second largest supplier of ATM machines and a global provider of IT solutions to retail banks and retailers - has expanded into Australia, with the establishment of an Australian subsidiary and today’s opening of a Sydney office.

Announcing the move today, Wincor Nixdorf’s Asia Pacific president, Lim Khoon Hong, said he believed Australian financial institutions, in particular, were eager to immediately adopt the company’s IT solutions and services.

“The Australian market is very attractive for us because banks are considered global trend setters and are ready for our sophisticated solutions.
 
“Our new legal entity here is a significant development as it shows strong commitment to the market and will act as a platform to build our solutions business in Australia.”

Lim also announced that Nixdorf had already secured wins with independent ATM deployers as well as major financial institutions.
 
“More banks are also approaching the company to gain a better understanding of its extensive portfolio of products and how they can enhance security and optimise processes, explained Lim.
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