Commenting on what will be the largest ATM installation for Madrid's subway, Bob Tramontano, NCR Financial Solutions Division vice president, business development and strategic marketing, said, "In Europe we are seeing a trend away from ATMs being placed solely in bank branches. The growing number of ATMs in subway stations, airports and coffee shops is reflecting consumer demand to bank at convenient locations where cash and other services are needed."
The ATMs will be placed in the subway stations' lobbies and ticket areas. Beyond cash, additional services such as the payment of bills, passbook updates and ticketing could be offered from the ATMs in the future. Caja Madrid already offers such services through part of its ATM network.
Depending on the usage of the ATMs, the three financial institutions have expressed an interest in expanding the number of their branded ATMs in Madrid's subway stations.
About Banco Santander Central Hispano (BSCH)
Banco Santander Central Hispano is a global financial group. It is the largest financial institution in both Spain and Portugal, the second largest in the euro zone and in the top fifteen world-wide by assets. The group is in 42 countries and has more than 35 million customers.
About Caja Madrid
The second largest savings bank in Iberia, Caja Madrid has assets of $88 billion. Caja Madrid owns more than ten percent of Indra, one of Spain and South America's leading IT companies.
About Caja Duero
Caja Duero generated more than 1.5 billion pesetas in 2000. Caja Duero is the largest provider of ATMs in central Spain.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in providing Relationship Technology(TM) solutions to customers worldwide. NCR's Relationship Technology solutions include the Teradata(R) database and analytical applications such as customer relationship management (CRM) and demand chain management, store automation systems and automated teller machines (ATMs). The company's business solutions are built on the foundation of its long- established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and leading edge hardware technology. NCR employs 33,300 in more than 100 countries, and is a component stock of the Standard & Poor's 500 Index. More information about NCR and its solutions may be found at www.ncr.com .
NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.
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