Diebold Nixdorf Unveils Vynamic® Connection Points 7, the Latest Generation of its Multivendor, Self-Service Software

Rhea-AI Summary

Diebold Nixdorf (NYSE: DBD) has launched Vynamic® Connection Points 7 (VCP 7), its latest multivendor, self-service software. Unveiled at the Intersect Conference in Madrid, VCP 7 offers modern, agile, and secure solutions to enhance consumer journeys. It integrates seamlessly with Vynamic Transaction Middleware and Diebold Nixdorf's DN Series® ATMs, providing functionalities like cardless withdrawals, currency exchange, and cash recycling. VCP 7 aims to simplify digital transformation for financial institutions while reducing maintenance costs and improving efficiency.

Positive

• Launch of VCP 7 showcases Diebold Nixdorf's commitment to innovation and digital transformation.
• VCP 7 offers advanced functionalities out-of-the-box, reducing the need for professional services.
• Seamless integration with Vynamic Transaction Middleware and DN Series® ATMs enhances system compatibility.
• Enhanced security features and modern user interface technology improve the overall user experience.
• Potential cost savings for financial institutions through reduced maintenance and upgrade expenses.
• VCP 7 supports a range of transactions including cardless withdrawals and currency exchange, benefiting both individual consumers and small and medium businesses.

Negative

• Initial deployment and integration of VCP 7 may require significant investment from financial institutions.
• The press release lacks specific financial data or projected revenue impact from the VCP 7 launch.
• There is no mention of user feedback or real-world performance metrics for VCP 7.

VCP 7 is a modular solution for easy deployment and maintenance that provides out-of-the-box, end-to-end consumer journeys.

MADRID and NORTH CANTON, Ohio, May 22, 2024 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today unveiled at its Intersect Conference in Madrid Vynamic^® Connection Points 7 (VCP 7), the company's seventh-generation multivendor, self-service software. VCP 7 delivers seamless consumer journeys through a modern and agile cost-competitive solution designed with unmatched security features. It's based on the latest user interface technology and provides financial institutions with a simple, clear path to digital transformation.

The VCP 7 family of products was built to seamlessly integrate with Vynamic Transaction Middleware, enabling the integration of the self-service channel into a modern and flexible payments platform. VCP 7 is optimized to work alongside Diebold Nixdorf's DN Series^® ATMs, the Vynamic software ecosystem and DN AllConnect Services^SM. With a full set of pre-configured transactions, VCP 7 enables a wide range of advanced functionalities out-of-the-box, such as cardless withdrawal, currency exchange, pre-staged deposits for individual consumers and small and medium businesses, cash recycling, and many more.

Diebold Nixdorf's VCP 7 launch customers will share at Intersect Madrid how they are partnering with the company to utilize VCP 7 and Vynamic Transaction Middleware to enable greater flexibility in developing new products and payment services for their consumers.

Joe Myers, executive vice president of Global Banking at Diebold Nixdorf, said: "Software plays a critical role in today's banking environment as financial institutions continue to reduce expenses, improve efficiency and look for new ways to be innovative. VCP 7 provides more functionality, creating seamless customer journeys from the start while reducing the reliance on specialized professional services for maintenance and upgrades. Through VCP 7's easy deployment, integration and maintenance, we're helping our customers achieve their goals for innovative and cost-effective self-service channels."

About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world's top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 21,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.

X: @DieboldNixdorf 
LinkedIn: www.linkedin.com/company/diebold
Facebook: www.facebook.com/DieboldNixdorf 
YouTube: www.youtube.com/dieboldnixdorf

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SOURCE Diebold Nixdorf, Incorporated

FAQ

What is Vynamic® Connection Points 7 (VCP 7) by Diebold Nixdorf?

VCP 7 is Diebold Nixdorf's latest multivendor, self-service software designed to provide seamless consumer journeys with advanced functionalities and enhanced security.

When was Diebold Nixdorf's VCP 7 unveiled?

VCP 7 was unveiled on May 22, 2024, at the Intersect Conference in Madrid.

What are the main features of VCP 7?

VCP 7 offers features such as cardless withdrawals, currency exchange, pre-staged deposits, and cash recycling. It also integrates with Vynamic Transaction Middleware and DN Series® ATMs.

How does VCP 7 benefit financial institutions?

VCP 7 simplifies digital transformation, reduces maintenance costs, and improves efficiency for financial institutions.

What stock symbol represents Diebold Nixdorf?

Diebold Nixdorf is represented by the stock symbol DBD on the NYSE.

How does VCP 7 integrate with existing systems?

VCP 7 integrates seamlessly with Diebold Nixdorf's Vynamic Transaction Middleware, DN Series® ATMs, the Vynamic software ecosystem, and DN AllConnect ServicesSM.