Security Bank of Kansas City selects NCR Atleos to manage ATMs

  • Partnership Expansion:
    • Security Bank of Kansas City has expanded its partnership with NCR Atleos, the ATM business formed from the separation of NCR Corporation.
    • NCR Atleos will manage ATMs for the Security Bank of Kansas City.
  • Service Adoption:
    • The bank will adopt NCR Atleos’ ATM-as-a-Service and ITM-as-a-Service offerings.
    • The aim is to simplify access to financial services for consumers and businesses in Kansas City.
  • Deployment Strategy Reconsideration:
    • The bank reevaluates its self-service banking deployment model and strategy due to a “growing but aging” fleet of ATMs and the prevalence of interactive teller machines (ITMs).
  • Self-Service Banking Features:
    • ATMs offer traditional services like cash withdrawals and balance checks.
    • ITMs enable live interactions with tellers, and accept loan payments, deposits, and more.
  • Management and Maintenance Outsourcing:
    • NCR Atleos will manage and maintain both ATMs and ITMs for the bank.
    • Aims to free up bank resources for higher-value core business activities.
  • Efficiency and Growth Goals:
    • Thomas Davies, EVP at Security Bank, mentions the partnership will evolve their self-service strategy with greater efficiency and ease.
    • It aims to facilitate more convenient, accessible customer interactions while supporting the bank’s continued growth.
  • Global Engagement:
    • Security Bank of Kansas City joins UnionBank in the Philippines and Seacoast Bank in Florida in utilizing NCR Atleos’ ATM-as-a-Service technology.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Monzo’s Savings Challenge: Addressing Customer Retention Gaps

How Monzo is tackling retention issues in their savings products.Highlights: Monzo launches a new savings challenge to enhance...

Abound Ventures into Mortgage Market with Ahauz Acquisition

A strategic move aimed at enhancing digital mortgage solutions.Highlights: Abound acquires Ahauz to enhance its mortgage offerings.The acquisition...

Visa Partners with BVNK for Stablecoin Payment Solutions

Exploring Visa's innovative step into the realm of stablecoin transactions.Highlights: Visa collaborates with BVNK to enable stablecoin payments.New...

Payments Association Urges Bank of England to Accelerate Stablecoin Development

Concerns grow over the regulatory hurdles facing stablecoin innovation.Highlights: Payments Association calls for regulatory clarity on stablecoins.Bank of...