DALLAS--(BUSINESS WIRE)--Nautilus Hyosung America (Hyosung), the #1 provider of ATMs in the United States and market leader in Branch Transformation solutions, today announced a partnership with Elan Financial Services (Elan), a leader in electronic funds transfer (EFT) processing, to provide banks and their customers with a consumer-focused, innovative ATM experience.
Elan’s customers will now have access to Hyosung’s revolutionary MX8800 and MX 7800i solutions to facilitate the evolution of the branch distribution channel. This solution provides customers a staff-assisted channel for conducting routine transactions while enabling bankers to spend quality time consulting with customers to better understand their banking needs and build more impactful relationships.
The implementation of Elan’s comprehensive cash management system coupled with the recycling capability of the MX8800 enables branches to use a customer’s deposited cash for future withdrawals, reducing the frequency of cash replenishments. In addition to streamlining branch operations, Elan offers a flexible processing platform that provides high availability and responsive processing of ATM and debit transactions.
“We are proud to partner with Hyosung in the delivery of this solution,” said Suzanne Galvin, SVP, Product Management for Elan Financial Services. “The combination of cash recycling, multi-denomination cash and single deposit settlement represents a significant step forward in branch service delivery and efficiency and an improved consumer experience.”
“Our partnership with Elan and subsequent cash recycling rollout is an example of our commitment to delivering banks and their customers the highest quality products and user experience possible,” said Andy Orent, President and CEO of Nautilus Hyosung America. “We are thrilled to partner with Elan and look forward to future collaborations.”
ABOUT NAUTILUS HYOSUNG AMERICA
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Hyosung’s vision is to continually create automated financial products and solutions maximizing the convenience, accessibility and trust of our customers by leveraging our creativity, technology, speed to market and people. Nautilus Hyosung America is a subsidiary of South Korea Hyosung, Inc., a global leader in providing ATMs to the retail off-premises and financial institution markets. Since entering the North American market in 1998, Nautilus Hyosung America has shipped more than 200,000 ATMs and is the fastest growing supplier in North America. Nautilus Hyosung America is headquartered in Irving, Texas, and has research and development support in its Global Software Center in Dayton, Ohio. www.nhausa.com
ABOUT ELAN FINANCIAL SERVICES
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Elan Financial Services, a division of U.S. Bank, provides a complete range of processing and payments services, including credit card issuing, prepaid card solutions and ATM and debit card processing. A leading credit card issuer, Elan also provides transaction processing, terminal driving and monitoring and support services for more than 34,000 ATMs nationwide and supports more than 13 million ATM and debit cards. For more information, visit www.elanfinancialservices.com.