Of Special Interest
22nd November 2011
Commonwealth Bank major ATM contract
Commonwealth Bank of Australia announced a "significant replacement and upgrade program that will see the Bank’s entire ATM fleet refreshed". The contract is awarded to Armaguard Group and Wincor Nixdorf.
The new ATMs will be the first in Australia to use the EMV standard, reading the embedded chip in the card rather than magnetic stripe. The new ATMs will also offer audio support, choice of languages and customisation for favourite transactions. If an ATM is out of service the closest working ATM will be displayed. Some branches will also have upgraded deposit machines allowing real time deposit recognition.
Commonwealth Bank has 4,100 ATMs in its Australian network, the largest of any Australian bank.