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Qatar's QNB installs Diebold cash recycler
Qatar's QNB installs Diebold cash recycler

Yahoo

time3 days ago

  • Business
  • Yahoo

Qatar's QNB installs Diebold cash recycler

QNB, a commercial bank based in Qatar, has implemented the DN Series 500 cash recycler from Diebold Nixdorf. QNB is said to be the first financial institution in the Middle East to install this recycler. The DN Series 500 cash recycler features a dual-tower design powered by two cash engines, which as per the tech vendor offer the highest capacity for cash deposit, recycling, and dispensing available in the market. Protech Solutions, Diebold Nixdorf's licenced partner in Qatar, will oversee the services related to this deployment. The cash recycler allows QNB Group customers to deposit cash bundles of up to 300 notes and up to 30 checks simultaneously, incorporating counterfeit detection technology. Additionally, the cash engines are equipped with sensor technology that monitors the ATM's performance and notifies service technicians of any issues. QNB Group Retail Banking senior executive vice president Adel Al-Malki said: 'The company's innovative DN Vynamic software enables a unique digital experience for all users in line with QNB Group's branding vision. 'The ATM features multi-color privacy side panels and indicators as well as a 19" touchscreen.' The RM4V, Diebold Nixdorf's fourth-generation cash recycling engine, offers scalability with four types of cassettes that can be easily interchanged, accommodating up to 13 different denominations. Diebold Nixdorf Middle East managing director Habib Hanna said: 'We are proud to partner with QNB, one of the region's leading financial institutions, as they continue to enhance customer satisfaction through exceptional service and convenience. 'By adopting Diebold Nixdorf's advanced branch automation solutions, QNB is ensuring an innovative next-generation banking experience across both digital and physical channels, reaffirming their commitment to innovation and customer-centricity.' In December 2024, Diebold Nixdorf installed Microsoft Windows 11 IoT Enterprise LTSC 2024 operating system on operational ATMs. "Qatar's QNB installs Diebold cash recycler" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

QNB first in Qatar, Middle East with bulk cash deposit ATMs
QNB first in Qatar, Middle East with bulk cash deposit ATMs

Qatar Tribune

time5 days ago

  • Business
  • Qatar Tribune

QNB first in Qatar, Middle East with bulk cash deposit ATMs

Tribune News Network Doha QNB is the first bank in Qatar and the Middle East to deploy ATMs with Bulk Cash Deposit service, combining the highest deposit, recycling and dispensing capacity in the market. The launch of this new service comes as part of QNB's efforts to meet the evolving needs of its customers. This innovative service allows customers to deposit up to a 300 bank notes bundle at once, in addition to the already available wide range of ATM services. The rollout marks a significant step in the bank's digital transformation journey, aligning with Qatar's Digital Agenda 2030 and the bank's sustainability goals. By transitioning traditional branch services to digital solutions, QNB continues to strengthen its leading position in the Middle East and globally, making tomorrow's digital banking, on this launch,Adel Ali Al-Malki, Senior Executive Vice President, Group Retail Banking of QNB Group said: 'We are proud to be at the forefront of global digital transformation and we take this opportunity to reinforce our commitment to enhance the available services through our ATM Self-service Machines. We aim to provide new practical and useful digital services for our valued customers and partnering with Diebold Nixdorf ensures this. The launch of this new service is in alignment with QNB's strategy to provide exceptional customer experience across Qatar, the Middle East and beyond. The Bulk Cash Deposit service through our Self-service Machines adds a new milestone to our digital transformation journey.' Habib Hanna, Managing Director, Middle East, at Diebold Nixdorf, said: 'We are proud to partner with QNB, one of the region's leading financial institutions, as they continue to enhance customer satisfaction through exceptional service and convenience. By adopting Diebold Nixdorf's advanced ATM solutions, QNB is ensuring an innovative next-generation banking experience across both digital and physical channels, reaffirming their commitment to innovation and customer-centricity.'

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