Travelex Launches Complete ATM Technology Refresh With NCR Atleos

ATLANTA & LONDON--(BUSINESS WIRE)--Nov 11, 2024--

Travelex, a market leading foreign exchange brand, has launched a major refresh of its international ATM estate, replacing the hardware and software of its entire portfolio of 600 ATMs across eight countries. The new portfolio unlocks a wide range of innovative new features for Travelex customers, including contactless cash withdrawals.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241111795006/en/

Travelex is replacing its network of ATMs with NCR Atleos’ SelfServ ATM range, alongside NCR Atleos’ software and SaaS monitoring tool called Vision, across the UK, Netherlands, Switzerland, Germany, Italy, Czech Republic, Australia and New Zealand. NCR Atleos has previously powered Travelex ATMs in other markets at high volume airports and travel hubs, delivering operational efficiencies and a convenient, consistent customer experience.

In addition to supporting FX and domestic currency transactions, the NCR Atleos SelfServ ATMs will offer Travelex customers a range of enhanced capabilities, including touch screens (rather than traditional buttons), barcode readers, and contactless readers in certain territories.

Contactless readers enable customers to withdraw cash by tapping a card or any other NFC enabled device (such as a phone or smartwatch). The ability to withdraw cash without physically inserting a card isn’t yet widespread across many territories, but will now be offered to Travelex customers across select ATMs in some of the European markets.

The NCR Atleos SelfServ ATM also supports Travelex’s unique Click and Collect function, which enables customers in the UK to pre-order foreign cash online at Travelex’s best possible rate before collecting it from more than 50 key airport ATM locations in the UK.

“Travelex is dedicated to simplifying our customers’ access to international money, however and whenever they choose, and our expanded partnership with Atleos directly supports this mission,” said Simon Jackson, Chief Customer Officer from Travelex. “By relying on the experts at NCR Atleos for the implementation of modern ATM technology, we gain efficiencies and streamlined operations while adding value for our customers, ensuring travellers across the globe have reliable, secure and easy access to their cash.”

“We are making it possible for travellers to access currency exchange via self-service,” explained Diego Navarrete, executive vice president, Global Sales for NCR Atleos. “We are proud to support Travelex in enhancing their ATM infrastructure, ultimately continuing to expand financial access for consumers around the world.”

NOTES TO EDITORS

About Travelex

Founded in 1976 Travelex has grown to become one of the market leading specialist providers of foreign exchange products, solutions, and services, operating across the entire value chain of the foreign exchange industry in more than 20 countries. We have developed a growing network of ATMs and stores in some of the world’s top international airports, major transport hubs, premium shopping malls and city centres.

Travelex has built a growing online and mobile foreign exchange platform, and we also process and deliver foreign currency orders for major banks, travel agencies, supermarkets and hotels worldwide. In addition, we source and distribute sizeable quantities of foreign currency banknotes for customers on a wholesale basis - including central banks and international financial institutions. We also offer a range of remittance and international money transfer products around the world.

About NCR Atleos

NCR Atleos (NYSE: NATL) is a leader in expanding self-service financial access, with industry-leading ATM expertise and experience, unrivalled operational scale including the largest independently-owned ATM network, always-on global services and constant innovation. NCR Atleos improves operational efficiency for financial institutions, drives footfall for retailers and enables digital-first financial self-service experiences for consumers. NCR Atleos is headquartered in Atlanta, Georgia, with approximately 20,000 employees globally.

Web site: https://www.ncratleos.com
X (Twitter): https://twitter.com/ncratleos
Facebook: https://www.facebook.com/Atleos.NCR/
LinkedIn: https://www.linkedin.com/company/ncratleos
YouTube: https://www.youtube.com/@ncratleos
Instagram: https://www.instagram.com/ncratleos/

Travelex launches complete ATM technology refresh with NCR Atleos. Leading FX firm partners with NCR Atleos to replace over 600 ATMs’ hardware and software across eight countries. (Photo: Business Wire)

CARACAS, Venezuela (AP) — Members of Venezuela’s political opposition who have been sheltering for months in the Argentine diplomatic compound in the capital, Caracas, on Saturday detailed their deteriorating living conditions as they sought to grow a sense of urgency among the governments working to secure their safe departure from their home country.

Their comments to reporters via an online news conference came three days after Argentina’s government urged the Organization of American States to pressure Venezuela to allow the safe passage of the six members of the opposition living at the ambassador’s residence.

The harassment, according to those who spoke to reporters, includes constant surveillance by heavily armed security agents, the interruption of water and electric services, and this week’s arrest of a longtime local employee of the Argentine embassy.

“We are seeing how the process of violating our basic human rights is accelerating, and it is urgent to be able to stop this situation of control and repression against us, whether psychological or real,” said Magalli Meda, campaign manager of opposition powerhouse María Corina Machado.

Venezuela’s Minister of Interior Diosdado Cabello last week called the group’s allegations a “farce.”

The government of President Javier Milei in August transferred custody of the diplomatic compound in Caracas to Brazil after Venezuela expelled Argentina’s diplomats. The move followed a July presidential election marred by serious fraud allegations and which both President Nicolás Maduro and the opposition claim to have won.

But Maduro revoked Brazil’s authorization to guard the facility in September, even though that nation’s president, Luiz Inácio Lula da Silva, had attempted to help Venezuela break its political stalemate following the presidential vote.

“The Brazilian Foreign Ministry has made the contacts and the corresponding arrangements,” said Pedro Urruchurtu, who along three other men and two women has lived at the diplomatic facility since March. "We ask Brazil to have a much greater sense of urgency, in this sense it means redoubling efforts and coordination with the region and understanding that this situation can clearly get worse and therefore demands the attention of the entire region.”

Venezuela’s protracted political crisis deepened after the July 28 presidential election. The country’s National Electoral Council, which is stacked with Maduro loyalists, declared him the election winner hours after polls closed. But unlike previous presidential elections, electoral authorities did not provide detailed vote counts.

Meanwhile, the opposition, led by Machado, collected tally sheets from 80% of the nation’s electronic voting machines, posted them online and said the voting records showed that the faction’s candidate, Edmundo González, had won the election with twice as many votes as Maduro.

On Wednesday, more than a dozen members of the Organization of American States joined Argentina’s call on Maduro’s government to allow the safe passage of those living at the ambassador’s residence.

FILE - A police patrol car sits parked outside Argentina's embassy where some members of Venezuela's opposition are seeking asylum inside, in Caracas, Venezuela, July 31, 2024, three days after the contested presidential election. (AP Photo/Matias Delacroix, File)