ABN Amro is to upgrade components for more than 250 Diebold automated teller machines (ATMs) acquired with its purchase of Michigan National Corporation.
The bank says the upgrade will save the company significant expense by allowing it to update the machines for conversion to the ABN Amro network, rather than replacing the entire ATM fleet.
The majority of the ATMs targeted are Diebold advanced-function lobby units which will be upgraded from a firmware-based processor to a software-based HTP processor, offering faster transaction times and which will provide the bank with electronic data capture capabilities. The units will also be upgraded with new color monitors for imrpoved branding and marketing.
Michigan National Corporation merged with ABN Amro's Detroit-area banking subsidiary, Standard Federal Bancorporation, in April 2001 to form a wholly-owned subsidiary of ABN Amro North America. Systems integration is scheduled to be completed in autumn 2001.