Diebold Cracks Barriers in Iceland

Tuesday 15 February 2005 06:36 CET | News

Diebold has made a major business breakthrough at four Icelandic banks. Diebold recently installed a software solution on competitive equipment throughout the country.

The solution was developed using Diebolds Agilis Power software toolkit. Automated teller machines (ATMs) manufactured by NCR are now powered by Diebold terminal software at Icelands Landsbanki, Kauphthing Bank, Islandsbanki and the Savings Bank Datacenter. Agilis Power is the first Diebold ATM product to be used in Iceland. Diebolds Agilis Power is part of its Agilis family of ATM software. Agilis is an open, cross-vendor software platform that allows multiple vendors terminals and their respective technologies to co-exist. Agilis Power is a toolkit that software engineers can use to develop custom applications. The flexibility of Agilis allows Diebold to meet the specific and individual needs of each financial institution. Hugur, the software house that develops all Icelandic ATM applications, used Agilis Power to develop a custom application that will run on approximately 250 NCR terminals throughout the country. The addition of Agilis also enabled the banks to make their ATMs compliant with EuropayMasterCardVisa (EMV). Previously, Icelandic banks operated in an NCR hardware and software environment. Diebold has now broken into this market, enabling Icelandic banks to run their future ATM applications based on Diebolds Agilis Power platform. Hugurs software application using the Agilis Power toolkit enables ATMs to perform withdrawals, fast-cash transactions, inquiries, communications to their respective financial institutions, funds transfers, cell phone top-ups and more. Diebold and Hugur plan to provide joint resources for other development assignments throughout Europe.

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Categories: Payments & Commerce | Payments General
Countries: World
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