Retail technology company Diebold Nixdorf is seeking bankruptcy protection to reduce debt and stay liquid. The company announced in a Tuesday (May 30) press release a restructuring agreement with debtors that “is expected to significantly reduce debt and leverage levels and provide substantial additional liquidity” to allow the firm...
Retail technology company Diebold Nixdorf has joined forces with financial crime prevention firm Featurespace to integrate Featurespace’s fraud prevention tech into Diebold Nixdorf’s Vynamic Payments platform. “By partnering with Featurespace, Diebold Nixdorf can provide financial institutions a fully integrated payments solution with proven real-time fraud...
The ATM isn’t living up to its full potential, a fact that’s really starting to come into focus for financial institutions (FIs) under COVID-19. The days of the ATM serving as just a quick cash dispensary are numbered, Sonia Sedler, Diebold Nixdorf’s global head of managed...
Depending on where you look, cash may still be king. It’s no secret that the pandemic has been forcing consumers to embrace all things digital. That includes paying for everything from clothes to restaurant deliveries through online and card-not-present transactions. But in an interview with PYMNTS,...
July 30, 2020
The ATM isn’t living up to its full potential, a fact that’s really starting to come into focus for financial institutions (FIs) under COVID-19. The days of the ATM serving as just a quick cash dispensary are numbered, Sonia Sedler, Diebold Nixdorf’s global head of managed services and banking strategy, told PYMNTS in a recent discussion. […]
July 08, 2020
Depending on where you look, cash may still be king. It’s no secret that the pandemic has been forcing consumers to embrace all things digital. That includes paying for everything from...
May 28, 2020
As the nation tiptoes toward phased reopenings and embraces a return to at least some life lived in physical spaces as the curve flattens, we’re unlikely to return to banking...
May 15, 2020
The pandemic has shifted everything. And according to Jeff Bender, vice president of digital solutions at Diebold Nixdorf, the financial services landscape will be forever altered. “When we look at...
January 18, 2024
Diebold Nixdorf, a provider of retail solutions, is launching a new artificial intelligence (AI)-based checkout solution to combat shrinkage in the retail industry. The new Vynamic Smart Vision I Shrink Reduction manages the risk of shrink at self-checkout stations while ensuring positive shopper and employee experiences, the company said in a Thursday (Jan. 18) press release. The solution […]
May 30, 2023
Retail technology company Diebold Nixdorf is seeking bankruptcy protection to reduce debt and stay liquid. The company announced in a Tuesday (May 30) press release a restructuring agreement with debtors that “is expected to...
October 23, 2022
Retail technology company Diebold Nixdorf has joined forces with financial crime prevention firm Featurespace to integrate Featurespace’s fraud prevention tech into Diebold Nixdorf’s Vynamic Payments platform. “By partnering with Featurespace,...
August 27, 2018
To enhance liquidity, ATM servicer and software provider Diebold Nixdorf has secured a $650 million capital commitment from two institutional lenders and started a process to amend its existing credit agreement. The...
