Nov 8, 2018
As digital payments grow, an ATM maker looks beyond cash
How will ATM makers manage in a world where digital transactions are becoming more popular and cash is optional?
by Adrian Ma

People walk past an ATM machine logo near Penn Station on January 8, 2018 in New York.
BRYAN R. SMITH/AFP/Getty Images
Recently, the company behind approximately one-in-three ATM terminals in the world found itself short on cash. The firm, Diebold Nixdorf, survived, thanks to a $650 million emergency loan from a pair of private equity firms. However, a big question remains for Diebold and other ATM manufacturers. How will they manage in a world where digital transactions are becoming more popular and cash is optional?