payments atm technology

Many aspects of modern banking are undergoing a technological revolution, but in the ATM segment, a debate is raging over whether new is actually better.

The controversy centers around whether it’s time to move ATM operating systems to the cloud, and like the rest of the $335 billion enterprise software market, competition between cloud and on-premises software providers that make the country’s 425,000 ATMs work is heating up.

One of the latest irons in the fire is NCR’s Kalpana enterprise software platform. Launched on April 15, the thin-client technology allows users to service ATMs remotely and could reduce the cost of ownership by up to 40%, according to the company.

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Tina Orem

Credit Union Times

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