Brink’s Invests in KAL to Advance ATM Managed Services Solutions for Financial Institutions Worldwide

Rhea-AI Summary

Brink's Company (NYSE:BCO) has made a strategic investment in KAL ATM Software to enhance its ATM managed services (AMS) capabilities. The partnership combines Brink's operational expertise with KAL's hardware-independent ATM software technology, enabling seamless operation across different ATM manufacturers. The collaboration has already proven successful through deployments in Asia, the UK, and the Middle East. This investment aligns with Brink's AMS strategy of offering customers flexibility in hardware and software choices while maintaining consistent user experience. The partnership aims to modernize ATM services and cater to financial institutions' evolving needs in an increasingly digital landscape.

Positive

• Strategic investment strengthens Brink's ATM managed services capabilities
• Partnership already validated through successful deployments in multiple regions
• KAL's hardware-independent software enables seamless operation across different ATM manufacturers
• Solution offers financial institutions flexibility in choosing ATM hardware and software

Negative

• None.

RICHMOND Va., June 12, 2025 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO), a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services (“AMS”), announced today a strategic investment in KAL ATM Software, a world leader in ATM software. This investment marks a milestone in Brink’s AMS strategy, reinforcing its commitment to delivering best-in-class solutions to financial institutions globally.

The Brink’s AMS solution is designed to give customers the freedom to choose the best-fit hardware and software for their needs, recognizing that the vast majority of financial institution ATM fleets have multiple makes and models.

KAL’s ATM software aligns perfectly with this approach. As the industry’s most advanced hardware-independent ATM software, KAL enables seamless operation across all ATM hardware manufacturers. This ensures a consistent customer experience regardless of the underlying technology.

“Our investment in KAL is a natural extension of our AMS strategy,” said Mark Eubanks, president and chief executive officer of Brink’s. “Both Brink’s and KAL are committed to building ecosystems that prioritize customer choice and value. Together, we are redefining what ATM services can look like in a modern, interoperable world.”

Brink’s and KAL have already demonstrated the strength of their partnership through successful deployments in Asia, the United Kingdom, and the Middle East, validating the robustness and scalability of the joint solution.

“This partnership is about more than technology—it’s about transforming the ATM landscape,” said Aravinda Korala, founder and CEO of KAL. “By combining Brink’s operational and service excellence with KAL’s software innovation, we aim to deliver a future-proof solution that meets the evolving needs of financial institutions and retailers worldwide.”

This investment underscores Brink’s long-term commitment to innovation, customer-centricity, and the evolution of ATM managed services in an increasingly digital and hardware-diverse world.

About The Brink’s Company
The Brink’s Company (NYSE:BCO) is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. Our customers include financial institutions, retailers, government agencies, mints, jewelers and other commercial operations. Our network of operations in 51 countries serves customers in more than 100 countries. For more information, please visit our website at www.brinks.com or call 804-289-9709.

About KAL
KAL ATM Software (est. 1989) is a world-leading ATM software company and the preferred supplier for global megabanks. The company specializes in software solutions for ATM networks of all sizes and complexities – allowing banks to gain control, reduce costs, increase functionality, and improve competitiveness. For more information visit www.kal.com or email marylin.bell@kal.com.

Contact:
Media Relations
469-549-6555

FAQ

What is the strategic significance of Brink's investment in KAL ATM Software?

The investment enhances Brink's ATM managed services capabilities by incorporating KAL's hardware-independent software, allowing seamless operation across different ATM manufacturers and offering customers more flexibility in their ATM solutions.

How does KAL's software benefit Brink's ATM managed services?

KAL's software enables operation across all ATM hardware manufacturers, ensuring consistent customer experience regardless of underlying technology and giving financial institutions freedom to choose their preferred hardware.

Where has the Brink's-KAL partnership been successfully implemented?

The partnership has been successfully deployed in Asia, the United Kingdom, and the Middle East, demonstrating the solution's robustness and scalability.

What is BCO's strategy for ATM managed services?

Brink's strategy focuses on giving customers the freedom to choose the best-fit hardware and software for their needs, recognizing that most financial institutions operate ATM fleets with multiple makes and models.

Who are the key executives involved in the Brink's-KAL partnership?

Mark Eubanks, president and CEO of Brink's, and Aravinda Korala, founder and CEO of KAL, are the key executives leading this strategic partnership.