NCR Atleos Corporation (NYSE: NATL), a firm focused on expanding self-service financial access for financial institutions, retailers and consumers, announced it has deployed its first multi-bank deposit ATMs in the UK.
Deposit-taking ATMs are vital “for cash-reliant UK consumers.”
Atleos is initially deploying deposit-taking ATMs connected “to the LINK ATM network in major retailers.”
The first deployment was in “the Co-op Food store in Ormskirk, and was followed by locations in Dover, Heathfield and Swanage.”
Further deployments are scheduled “over the coming weeks in locations including Bourne, Cardigan, Chipping Norton, Finchley, Kendal, Oxted, Shanklin and Whitehaven.”
LINK is the UK’s cash machine network, “connecting virtually all the UK’s ATMs and ensuring communities have the access to cash that they need.”
Ashley Dalton MP – West Lancashire:
“Following the recent closures of local bank branches in Ormskirk, I’m delighted to see a new cash deposit machine installed at the Co-op on Wigan Road. Access to cash is vitally important to our community and is especially important in supporting local and independent shops and services. I hope that the new machine will give a boost to the local economy and provide the much-needed access to cash that some residents rely on.”
Lisa Edwards, Director Co-op Business Services said:
“Co-op is committed to serving and supporting its communities, conveniently, and operating at the heart of local life. This includes developing the added services which matter to our member-owners and customers. We know that our communities value the free access to cash that ATMs at Co-op stores provide in towns, villages and cities across the UK through our partnership with NCR Atleos, and we are delighted to build on this with the addition of a cash deposit service.”
Diego Navarrete, executive vice president, Global Sales for Atleos said:
“As banks continue to rationalize their branch networks, the UK banking industry collectively needs to ensure continued access to cash services for all, and adding deposit taking functionality to our existing Cashzone ATM network is an integral first step in achieving this goal. Deposit-taking ATMs are particularly beneficial for consumers who need to make deposits outside of regular banking hours or in locations where there are no physical bank branches nearby. We anticipate banks will increasingly look to this service to maintain cash access for all across the UK.”
As noted in the update, Atleos is a firm focused on “expanding self-service financial access, with industry-leading ATM expertise and experience, unrivalled operational scale including the largest independently-owned ATM network, always-on global services and constant innovation.”
Atleos improves operational efficiency “for financial institutions, drives footfall for retailers and enables digital-first financial self-service experiences for consumers.”
Atleos is headquartered in Atlanta, Georgia, with 20,000 employees globally.