Best ATM technology: CINEO systems receive award

Wincor Nixdorf has won the "Innovation in Technology and Transaction Banking Award 2013" in the category "Best ATM Technology" presented by the prestigious English-language magazine The Banker. The jury has thus honored the innovative solution approach for improving cash processes, made possible by Wincor Nixdorf's CINEO system generation, the new security concept and the multifunctionality of the systems.

With its award, which was launched ten years ago and is presented in eight categories, the magazine, which is published by The Financial Times Ltd., acknowledges excellent IT solutions for the banking industry. The panel of judges includes CIOs and CTOs from the world’s 20 largest financial service providers.

Brian Caplen, editor of The Banker, said: "Wincor Nixdorf has chalked up some trailblazing initiatives in ATMs. There have been great strides forward in terms of cash recycling, image recognition, security features and a mobile phone app that allows customers to withdraw cash without a bankcard. All these features help to propel banking into the 21st century. Congratulations to everyone at Wincor Nixdorf for winning The Banker's best provider of ATMs award."

Wincor Nixdorf presented the CINEO system family for the first time in 2010. The cash systems offer users completely new options for cash handling. The core element is an innovative banknote storage concept. For the first time ever, the intelligent end-to-end cassettes enable cash to be exchanged directly between different cash points in the branch (automated teller machines, cash recycling systems and automated teller safes) and thus kept in the cash cycle. Other benefits of the new CINEO product family include improved security thanks to new integrated security features, intuitive operation, faster transaction processing and the latest banknote recognition technology. The system also sets new standards in serviceability: The systems automatically provide a whole host of operating information, thus enabling proactive system management and the greatest possible availability.

The Banker magazine has been a trusted source of information on banking since 1926. The magazine has navigated through the last 86 years of banking coverage from the Wall Street Crash of 1929 to the financial crisis of 2008 with the same reputation for accuracy, authority and integrity. The Banker is read in more than 100 countries worldwide.