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NCR Looks To Buy ATM Operator Cardtronics For $1.7 Billion

PYMNTS

Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 Cardtronics, based in Houston, Texas, specializes in managing ATMS and self-service financial kiosks. 11) press release. . Shares of Cardtronics climbed 0.3 percent to reach $41.19

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ATM-as-a-Service – A Strategic Step on the Transformation Journey?

Gonzobanker

Moving from a traditional CAPEX model to an “as-a-service” OPEX model could be the key to transforming banks’ ATM/ITM channel. ATMs have changed a bit in the last few years. We understand how many financial institutions hard at work on their digital transformation strategies have pushed the ATM channel to the back burner.

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Capital One To Focus On Digital, Close 37 Locations

PYMNTS

Capital One is going to increase its focus on digitization and close 37 branches around the U.S., Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. “Our Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. “We

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NCR’s Cardtronics Bid – And The Rise Of Self-Service Banking At The ATM 

PYMNTS

Even cryptos – and post-pandemic, a quickening embrace of the ATM. To that end, and as reported, NCR is looking to buy Cardtronics , in a deal that takes place amid recent news that Apollo Global and Hudson Executive Capital, private equity firms, were also gunning for Cardtronics. Looking Toward Digital-First . Brown said. “So

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NCR Closes In On Deal To Buy Cardtronics For $1.7 Billion

PYMNTS

is close to a deal to buy ATM operator Cardtronics , fending off two other bidders, according to the Wall Street Journal on Sunday (Jan. Cardtronics boasts 285,000 ATMs in 10 countries, and is one of the biggest cash machine operators in the world, WSJ writes. billion, those with knowledge of the matter told WSJ.

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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

News came this week that as many as half of the ATMs that dot the country’s landscape may be shuttered by March of 2019. The estimate is courtesy of the Confederation of ATM Industry (CATMi), which focuses on the domestic ATM industry. million ATMs across India, per data from the Reserve Bank of India (RBI).

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PayRange Accelerates Access To Vending Machine Capital

PYMNTS

To offer vending and laundry machine operators instant cash access, PayRange Inc. rolled out a feature that lets machine operators immediately move mobile payment settlements to a debit card. As a result, the unattended retail machine operator can receive settlements of their mobile transactions at any moment.

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