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WINCOR NIXDORF MEETS WITH BANK BRANCH EXPERTS IN LONDON

Published by Gbaf News

Posted on November 21, 2014

3 min read
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Retail bank experts from Wincor Nixdorf will discuss new solutions for branch transformation at a specialist conference in London early next month.

Overview of Branch Transformation 2014 Event

Branch Transformation 2014 is an exclusive, invitation-only conference hosted by Retail Banking Research (RBR) for around 300 bank executives responsible for developing future branch formats and processes. The event, from December 2 to 3, 2014, at Park Plaza in London, will also include presentations by industry suppliers, such as Wincor Nixdorf, which will also use the event to meet new business contacts face-to-face and strengthen existing customer relationships.

At the conference, Wincor Nixdorf will provide information on a wide range of topics relevant to branch transformation. For banks, this transformation is a journey that leads to operational improvement and for customers an enhanced experience.

Key Topics for Branch Transformation

Highlights presented by Wincor Nixdorf:

  • Various branch designs for diversified branch models
  • New multifunctional assisted Self-Service devices and tablet-based solutions
  • Cardless Cash enabled by smartphones and new contactless ATMs
  • Management of branches and the entire ATM fleet

Diversified Strategies for Branch Networks

At the branch network level, Wincor Nixdorf helps banks to establish a more diversified strategy. The goal is to take the retail banks away from the traditional branch distribution approach – the “one size fits all” that creates inefficiencies – and move them to a more scalable and targeted network, with far more touch points through a combination of different branch formats.

Advancements in Self-Service Banking Solutions

Full teller services, integrated into the self-service channel, enable cashless branches and cardless transactions – Wincor Nixdorf offers a wide range of assisted Self-Service solutions. If access to personal services was once limited to branch opening hours, Wincor Nixdorf assisted Self-Service technology and video teller solutions now offer 24/7 availability to overcome that restriction.  Whether in a manned branch or a completely self-service location, customers can access assistance at any time.

Utilizing Mobile Devices for Enhanced Interactions

Via mobile devices, branch employees are now able to access all necessary information about customers, the transactions they wish to make and the ATMs they are using, all of which enables close interaction. Wincor Nixdorf’s tablet-based assisted self-service solutions speed up the transformation of a transaction-based branch culture into one driven by service and sales. Customers benefit from faster, more convenient transactions, and a more tailored and relevant face-to-face experience.

In addition Wincor Nixdorf experts are available in major markets around the world to provide commercial and organizational guidance as well as process expertise to support branch-transformation programs.

Key Takeaways

  • Wincor Nixdorf presented solutions for diversified branch models at Branch Transformation 2014 in London.
  • They highlighted assisted self‑service devices, tablet‑based solutions, cardless cash via smartphones, and contactless ATMs.
  • Their technology enables 24/7 availability through video teller and self‑service integration.
  • Tablet tools support staff to deliver faster, personalized service, shifting culture from transactions to service and sales.

References

Frequently Asked Questions

What event did Wincor Nixdorf attend?
Wincor Nixdorf attended the invitation‑only Branch Transformation 2014 conference in London, hosted by Retail Banking Research, from December 2–3, 2014.
What technologies did they highlight?
They highlighted diversified branch designs, multifunctional assisted self‑service devices, tablet‑based solutions, cardless cash via smartphones, and contactless ATMs.
How do their solutions benefit customers?
Their technologies enable faster, convenient transactions, 24/7 access via video teller, and personalized face‑to‑face service even in self‑service formats.
What is the aim of branch transformation?
The aim is to move away from inefficient one‑size‑fits‑all branches toward scalable, targeted networks combining formats to improve operations and customer experience.

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