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NCR Atleos Expands Cashzone ATM Network Into Colombia, in Collaboration With Bancoomeva

Business

NCR Atleos Expands Cashzone ATM Network Into Colombia, in Collaboration With Bancoomeva
Business

Business

NCR Atleos Expands Cashzone ATM Network Into Colombia, in Collaboration With Bancoomeva

2026-05-21 21:10 Last Updated At:21:31

ATLANTA--(BUSINESS WIRE)--May 21, 2026--

NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced the expansion of its Cashzone ATM network into Colombia. The launch will be supported by Bancoomeva, which will act as the sponsoring and settlement bank, and will be responsible for the provision of financial services associated with the ATM network, enabling convenient, reliable access to cash for consumers across the country. The Cashzone ATM network in Colombia will operate in compliance with applicable data protection and financial regulations, with Bancoomeva acting as the regulated financial institution responsible for the provision of financial services to end users.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260521263980/en/

Cash remains a critical part of everyday life in Colombia. Cash continues to account for the majority of in‑person transactions, particularly for everyday purchases such as food, transportation and household expenses. Even as digital payments continue to grow, many Colombians still prefer cash for its simplicity, broad acceptance and reliability, highlighting the importance of a balanced, inclusive payments ecosystem.

Cashzone is a global network of independently owned and operated ATMs, strategically located in high‑traffic retail and community locations to provide convenient access to cash. As part of NCR Atleos, Cashzone combines trusted ATM technology, end‑to‑end management and global scale to deliver a consistent, reliable self‑service experience for consumers, retailers and financial institutions.

The expansion of Cashzone into Colombia reflects the commitment by Atleos to supporting consumer choice and financial inclusion in markets where both physical and digital payments play important roles. By strengthening access to cash alongside continued innovation in financial services, Atleos is helping enable a more resilient and accessible financial ecosystem.

“Colombia is a market where cash plays a vital role in day‑to‑day commerce, and ensuring dependable access is essential for consumers and communities,” said Jimmy Tarazona, Vice President of Global Network Expansion at NCR Atleos. “By bringing the Cashzone network to Colombia and working closely with Bancoomeva as sponsor bank, we are helping to strengthen the country’s cash ecosystem while expanding our global network footprint.”

Bancoomeva brings deep local market knowledge and a strong commitment to financial inclusion, making it an ideal partner for the Cashzone expansion. NCR Atleos and Bancoomeva will each continue to operate independently in the market, with this collaboration focused specifically on extending reliable cash access to consumers across the country.

“At Bancoomeva, we are committed to expanding access to secure and convenient financial services for our members and customers across Colombia,” said Dr. Marco Antonio Rizo Cifuentes, President of Bancoomeva. “By sponsoring the launch of NCR Atleos Cashzone, we are helping extend reliable access to cash in communities where it remains essential, while supporting innovation and greater inclusion across the financial ecosystem.”

Senior executive leadership from Asobancaria, Colombia’s banking association which represents the financial sector and promotes the development of the country’s banking system, has expressed that the launch aligns with the priorities of the association, underscoring the importance of maintaining strong, accessible cash infrastructure as part of a modern and evolving payments landscape.

The Colombian launch builds on the continued international growth of the Cashzone network, which now operates across 14 countries worldwide, connecting financial institutions to a broad, surcharge‑free ATM footprint. With its expansion into Latin America, Atleos continues to invest in markets where access to cash remains a cornerstone of economic participation.

About Atleos

Atleos (NYSE: NATL) is the leader in expanding self-service financial access, with industry-leading ATM expertise and experience, unrivaled operational scale including the largest independently-owned ATM network, always-on global services and constant innovation. Atleos improves operational efficiency for financial institutions, drives footfall for retailers and enables digital-first financial self-service experiences for consumers. Atleos is ranked #12 in Newsweek’s prestigious 2025 Top 100 Global Most Loved Workplaces ® list. Atleos is headquartered in Atlanta, Ga., with approximately 20,000 employees globally. For more information, visit www.ncratleos.com.

Jimmy Tarazona, Vice President of Global Network Expansion at NCR Atleos (left), and Dr. Marco Antonio Rizo Cifuentes, President of Bancoomeva (right), mark the launch of the NCR Atleos Cashzone ATM network in Colombia, expanding access to reliable, convenient cash for consumers nationwide.

Jimmy Tarazona, Vice President of Global Network Expansion at NCR Atleos (left), and Dr. Marco Antonio Rizo Cifuentes, President of Bancoomeva (right), mark the launch of the NCR Atleos Cashzone ATM network in Colombia, expanding access to reliable, convenient cash for consumers nationwide.

WASHINGTON (AP) — The U.S. Commission of Fine Arts on Thursday approved the design for the triumphal arch that President Donald Trump wants built at an entrance to the nation's capital, a key step in the project's process.

Commissioners, all appointed by Trump, acted despite overwhelming public opposition to the 250-foot arch, one of several projects that Trump is pursuing alongside a White House ballroom to leave his imprint on Washington.

“The building is beautiful,” the commission's chairman, Rodney Mims Cook Jr., said shortly before the vote on a design revised slightly from what was presented to the federal agency in April.

The arch would stand 250 feet tall (76 meters) from its base to a torch held aloft by a Lady Liberty-like figure on top of the structure. The statue would be flanked on top by two gilded eagles, but the four lions envisioned as guarding the base are now gone. The phrases “One Nation Under God” and “Liberty and Justice for All” would be inscribed in gold lettering atop either side of the monument.

A public observation deck on top would provide 360-degree views of the surroundings.

The commission’s vice chairman, architect James McCrery II, said in April that he preferred the arch without the figures on top, which would have reduced the arch's height by about 80 feet (24.4 meters). Critics of the project argue that the arch would dominate the skyline and disrupt views from the Lincoln Memorial to Arlington National Cemetery.

The arch would dwarf the Lincoln Memorial, which is 99 feet (30 meters) tall, and be close to half the height of the Washington Monument, an obelisk that is about 555 feet (169 meters) tall.

Commissioners were told at Thursday's meeting that Trump considered the suggestion to remove the statue “but elected not to pursue such an option.”

McCrery recommended doing away with the lions on the base and objected to plans for an underground tunnel for pedestrians to get to the arch, which would be built on a traffic circle. Both design elements have been removed.

Preliminary surveys and testing of the site began last week.

A group of veterans and a historian have sued the Trump administration in federal court to block construction on grounds that the arch would disrupt the sightline between the Lincoln Memorial and Arlington House at Arlington National Cemetery, among other reasons.

The Republican president and his interior secretary, Doug Burgum, have argued that Washington is the only major Western world capital without such an arch. Burgum's department includes the National Park Service, which manages the plot where Trump wants to put the arch.

The president has said some of his other projects, such as adding a blue coating to the interior of the Lincoln Memorial Reflecting Pool, will beautify the city in time for July 4 celebrations of America’s 250th birthday.

Trump's rehab of the Reflecting Pool is also the subject of a court challenge brought by The Cultural Landscape Foundation, which said the administration’s moves to repaint the bottom of the Reflecting Pool blue without first undergoing relevant reviews ran afoul of federal preservation laws governing historic sites.

The nonprofit group argued in a lawsuit filed last week that the changes at the Reflecting Pool are part of Trump’s broader effort to push through dramatic renovations in Washington without proper reviews and undermine the tone of the area.

A hearing in the case was scheduled for later Thursday in federal court in Washington.

Flags placed by workers are pictured in the Memorial Circle, where President Donald Trump has proposed building an arch to commemorate the United States' 250th anniversary, Friday, May 15, 2026, in Washington. (AP Photo/Jacquelyn Martin)

Flags placed by workers are pictured in the Memorial Circle, where President Donald Trump has proposed building an arch to commemorate the United States' 250th anniversary, Friday, May 15, 2026, in Washington. (AP Photo/Jacquelyn Martin)

The Memorial Circle, where President Donald Trump has proposed building an arch to commemorate the United States' 250th anniversary is seen, Tuesday, May 19, 2026, in Washington. (AP Photo/Alex Brandon)

The Memorial Circle, where President Donald Trump has proposed building an arch to commemorate the United States' 250th anniversary is seen, Tuesday, May 19, 2026, in Washington. (AP Photo/Alex Brandon)

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