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Cardtronics Enhances BlueShore Financial's ATM Functionality with New Envelope-Free Deposit Technology
Globe Newswire 3-Apr-2019 7:30 AM
CALGARY, Alberta, April 03, 2019 (GLOBE NEWSWIRE) -- Cash machines that accept envelope-free deposits are becoming a reality at BlueShore Financial, a premium full-service financial institution, through a partnership with Cardtronics (NASDAQ:CATM), the world's largest ATM owner/operator.
The new service provides for a more seamless deposit experience, improving ease of use and enhancing peace-of-mind. Instead of sealing cheques and cash into a deposit envelope, ATM users simply place their deposit items directly into the machine. On-screen images verify the amount of the deposit, and the user can even receive an image of deposited cheques on the ATM receipt.
BlueShore Financial's Pender Street, Financial Spa® branch in the heart of the financial district of Vancouver, BC, is the first location to showcase the enhanced capabilities thanks to the certification and support of the new ATM machines by Cardtronics.
"We are pleased to provide our ATM users access to the industry-leading technology driving these machines," said Fred Cook, Chief Information Officer, BlueShore Financial. "Our clients and Exchange Card holders will have an enriched ATM experience, while we will be able to reduce costs associated with back-end processing management. And, with cash still making up a significant number of point-of-sale transactions – according to the Bank of Canada – we will be increasing our value to customers by giving them access to a simpler and streamlined means for depositing and withdrawing currency."
With the launch of image-enabled ATMs at BlueShore Financial, Cardtronics is bringing its global product innovation to bear in the Canadian market, enhancing legacy processes with new ideas and technologies that will enhance consumer engagement while helping Canadian credit unions and banks rationalize costs while simultaneously improving service excellence.
"The ATM is a critical touchpoint for financial institutions as consumers seek more convenient ways to manage their money," said Cardtronics' David McCrary, EVP – North American Business Group, Product Solutions. "Enabling modern self-service deposit capabilities both drives down costs and improves the consumer experience. Through its ATM management offering, Cardtronics enables financial institutions such as BlueShore Financial to go to market with a class-leading ATM offering without the overhead and capital requirements typically associated with such an engagement."
About BlueShore Financial BlueShore Financial is a boutique financial institution providing a full range of personal and business banking, wealth management, insurance and commercial lending solutions. With a branch network located across the Lower Mainland and Sea-to-Sky Corridor, BlueShore Financial helps clients achieve financial wellness® through personalized solutions and expert advice, delivered in a unique Financial Spa® branch environment. BlueShore Financial manages over $5.7 billion in Assets Under Administration and is consistently ranked among the top 20 financial planning firms in Metro Vancouver.
BlueShore Financial is an Imagine Canada Caring Company, contributing at least 1% of pre-tax profits annually to charities and not-for-profit organizations within the communities it serves. BlueShore Financial is the operating name of BlueShore Financial Credit Union. To learn more about the BlueShore Financial difference, watch this video.
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About Cardtronics Canada Cardtronics Canada is part of the largest owner / operator of cash machines worldwide. In addition to cash machine services, Cardtronics Canada operates a full-service ATM and point-of-sale transaction processing switch for Interac and other payment card network transactions in Canada. Cardtronics offers comprehensive payment processing services to credit unions and financial institutions across Canada, enabling them to outsource their ATM and point-of-sale payment card processing.
About Cardtronics (NASDAQ:CATM) Cardtronics is the trusted leader in financial self-service, enabling cash transactions at approximately 227,000 ATMs across 10 countries in North America, Europe, Asia-Pacific, and Africa. Leveraging our unmatched scale, expertise and innovation, top-tier merchants and businesses of all sizes use our ATM solutions to drive growth, in-store traffic, and retail transactions. Financial services providers rely on Cardtronics to deliver superior service at their own ATMs, on Cardtronics ATMs where they place their brand, and through Cardtronics' Allpoint Network, the world's largest surcharge-free ATM network, with over 55,000 locations. As champions of cash, Cardtronics converts digital currency into physical cash, driving payments choice for businesses and consumers alike.
Contact Information:
Media Relations Susannah Moore Griffin Corporate Communications Manager 832-308-4392 sgriffin@cardtronics.com
