As digital payments grow, an ATM maker looks beyond cash

Adrian Ma Nov 8, 2018
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People walk past an ATM machine logo near Penn Station on January 8, 2018 in New York. BRYAN R. SMITH/AFP/Getty Images

As digital payments grow, an ATM maker looks beyond cash

Adrian Ma Nov 8, 2018
People walk past an ATM machine logo near Penn Station on January 8, 2018 in New York. BRYAN R. SMITH/AFP/Getty Images
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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?

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