Diebold Nixdorf, Incorporated (NYSE:DBD) Files An 8-K Other Events

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Diebold Nixdorf, Incorporated (NYSE:DBD) Files An 8-K Other Events
Item 8.01 Other Events

Diebold Nixdorf, Incorporated (the “Company”) entered into a Managed Services Agreement (the “Agreement”) with TD Bank Group (“TD”), one of the largest financial institutions in North America, in the first quarter of 2017. to the Agreement, the Company will provide support to TD’s multivendor network of more than 5,000 automated teller machines (“ATMs”) in North America. The renewal of the Agreement, originally entered into in 2012, represents the Company’s growing services business.
The Company’s managed services portfolio offering provides 24/7 monitoring services designed to prevent and quickly respond to any incidents, as well as detailed diagnostic and availability reporting showing near real-time ATM network status updates. Additionally, the Company’s technology has transformed and continues to support TD’s complete ATM network into a fully integrated system managed by a single service provider, enabling proactive monitoring, enhanced data security and remote repairs. To optimize the network, the Company will continue to provide its availability management service, which uses real-time terminal data and analytics to provide optimal network uptime, while allowing financial institutions to leverage their ATM network as a strategic channel by increasing efficiency and offering an enhanced customer experience.

About Diebold Nixdorf, Incorporated (NYSE:DBD)

Diebold Nixdorf Inc., formerly Diebold, Incorporated., is engaged in the business of financial self-service (FSS) and security solutions. The Company’s segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). It offers an integrated line of self-service solutions and technology, including automated teller machine (ATM) outsourcing, ATM security, deposit automation, recycling and payment terminals and software. It also offers functionality terminals supporting mobile card-less transactions and two-way video technology to support bank branch automation. It provides physical and electronic security systems, as well as provides total security systems solutions to financial, commercial, retail and other markets. The Company sells and services FSS and security systems around the globe, as well as elections, lottery and information technology solutions, through subsidiaries, joint ventures and independent distributors.

Diebold Nixdorf, Incorporated (NYSE:DBD) Recent Trading Information

Diebold Nixdorf, Incorporated (NYSE:DBD) closed its last trading session up +0.30 at 28.00 with 893,777 shares trading hands.