UBS has selected Diebold to design, build, deploy and maintain in-branch banking systems for cashless transactions.

The two firms said they are working to making cashless banking transactions easy and secure at more than 400 tailored self-service units throughout UBS’ 300-branch network in Switzerland.

Diebold will offer full maintenance services to support the new units and will allow UBS to upgrade the units to include advanced self-service security and mobile technologies to increase the security and convenience for UBS’ customers.

UBS head business lead for teller and ATM Roland Hallauer said: "Choosing to partner with Diebold’s expert design team, who leveraged their extensive industry experience to meet our specific needs, enabled us to build together a flexible and modular solution that not only allows us to drive branch efficiencies, but gives us the opportunity to build off of our existing platform and prepare for the future of self-service transactions."

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