Brink’s Invests in KAL to Advance ATM Managed Services Solutions for Financial Institutions Worldwide
- 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
- None.
Insights
Brink's strategic investment in KAL enhances its ATM services portfolio with hardware-independent software, addressing critical industry interoperability challenges.
This strategic investment in KAL ATM Software significantly advances Brink's ATM managed services (AMS) strategy by incorporating hardware-independent software capabilities. The partnership addresses a critical pain point in the financial services industry: the complexity of managing diverse ATM fleets with multiple makes and models.
KAL's technology enables seamless operation across all ATM hardware manufacturers, creating a consistent customer experience regardless of underlying technology. This interoperability solution is particularly valuable as it eliminates the need for financial institutions to replace existing hardware or manage multiple software systems.
The press release indicates successful deployments across three regions (Asia, UK, and Middle East), validating the solution's scalability and effectiveness across diverse banking environments. This multi-region validation reduces implementation risk for potential customers and demonstrates market acceptance.
Strategically, this investment represents Brink's evolution beyond traditional cash-in-transit services toward higher-value technology-enabled solutions. By focusing on interoperability and customer choice, Brink's is positioning itself to remain relevant in an increasingly digital financial ecosystem while still leveraging its core expertise in cash management.
While financial terms remain undisclosed, the partnership enhances Brink's competitive positioning in the ATM services market by addressing a specific market need with proven technology. This represents a logical extension of Brink's business model that potentially creates new revenue opportunities while delivering tangible operational benefits to financial institution customers.
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?
How does KAL's software benefit Brink's ATM managed services?
Where has the Brink's-KAL partnership been successfully implemented?
What is BCO's strategy for ATM managed services?
Who are the key executives involved in the Brink's-KAL partnership?
