FCTI's partnership with NCR Atleos broadens to encompass ATM services and terminal operation management.
FCTI, Inc., one of the largest ATM owner-operators in the United States and a subsidiary of Seven Bank, LTD., has expanded its relationship with NCR Atleos Corporation. This partnership aims to provide excellent service and grow transactions.
FCTI, Inc. operates as the exclusive ATM operator and technology solutions provider for major retail chains such as 7-Eleven and Speedway across the U.S. The company, with assets exceeding $8 billion, serves as a subsidiary of Seven Bank, LTD. (TYO:8410).
NCR Atleos Corporation, a leader in self-service financial technology and the largest independently-owned ATM network operator globally, will provide comprehensive terminal driving services to FCTI. These services involve ATM management tasks such as maintenance, software, security, installation, and cash process support across FCTI’s U.S. ATM network.
The expanded partnership also includes the deployment of thousands of new ATMs. Atleos Corporation has enabled FCTI as an ATM acquirer for the Allpoint Network, thereby increasing FCTI's retail partners’ access to millions of Allpoint cardholders. This collaboration will significantly enhance consumer engagement and ATM accessibility.
According to Stuart Mackinnon, EVP and COO for Atleos, the company is being rewarded for a disciplined focus on service excellence by scaled providers of financial access. Mackinnon stated that the success of FCTI is a priority for Atleos, implying a commitment to FCTI's growth and success.
Masanori Sakaguchi, CEO of FCTI, stated that the company is pursuing products, services, and relationships to grow transactions and provide excellent service. Sakaguchi mentioned that the expanded relationship with Atleos will bring FCTI's software capabilities to market on a solid platform of terminal driving with a leading service organization. The relationship is expected to grow and differentiate FCTI's offerings with reliable systems, processes, and people.
In summary, this partnership significantly strengthens FCTI’s ATM service capabilities and network reach, making it one of the largest and most efficiently managed ATM service operations in the United States today.
| Entity | Role/Description | Relationship | |-----------------|---------------------------------------------------------------|-----------------------------------------------------------| | FCTI, Inc. | One of largest U.S. ATM owner-operators; subsidiary of Seven Bank, LTD. | Exclusive ATM operator for 7-Eleven and Speedway; over $8B in assets | | NCR Atleos Corp | Industry leader in ATM technology, owner-operator of largest independent ATM network | Provides ATM deployment, terminal driving services to FCTI; enabled FCTI as ATM acquirer for Allpoint Network |
[1] Press Release. (2021, June 21). Atleos and FCTI Expand Partnership to Strengthen U.S. ATM Service Capabilities. Business Wire. Retrieved from https://www.businesswire.com/news/home/20210621005162/en/Atleos-and-FCTI-Expand-Partnership-to-Strengthen-U.S.-ATM-Service-Capabilities
[2] FCTI, Inc. (n.d.). About Us. Retrieved from https://www.fcti.com/about-us/
[3] Seven Bank, LTD. (n.d.). Overview. Retrieved from https://www.seven-bank.co.jp/english/overview/
[4] Atleos Corporation (n.d.). About Us. Retrieved from https://www.atleos.com/about-us/
- The partnership between FCTI, Inc. and NCR Atleos Corporation extends to the banking-and-insurance and technology industries, as Atleos will provide comprehensive terminal driving services to FCTI, allowing it to deploy thousands of new ATMs and act as an ATM acquirer for the Allpoint Network.
- FCTI, Inc.'s operations involve both the retail and ATM owner-operator industries, with assets exceeding $8 billion, and it serves as a subsidiary of Seven Bank, LTD., a well-established player in the finance sector.
