PAN European ATM agreement with ChangeGroup
April 10, 2014 - London
(Oslo, 10. April 2014) EVRY and ChangeGroup has entered into a 5 year agreement for delivery of ATM services to ChangeGroup in UK and additional five countries in Europe. This is breakthrough for EVRY in a strategic area, and demonstrates that the company has a scalable and competitive solution.
ChangeGroup is a UK based foreign exchange company operating in 11 countries and 23 cities across the world and is starting up an ATM business related to their branches in six European countries. To manage the ATMs, ChangeGroup has chosen EVRY as their supplier of ATM software, switching and for management tools.
EVRY has over the years built up an expertise in this area and will deliver their services to ChangeGroup from its competence centre in the Nordic. EVRY's solution portfolio includes a wide variety ATM services covering the complete ATM service value chain, and is fully integrated with the major international and domestic card schemes in Europe such as LINK, Visa and MasterCard.
"With this contract EVRY strengthens it's position as the leading supplier within the ATM market in Europe. EVRY's broad portfolio of card, payment & internet based banking services will ensure the current new ATM technologies become a standard offering to ATM users across Europe, says Wiljar Nesse, Executive Vice President in EVRY Financial Services.
About the contract
"This is a very exciting time for the Group, further enhancing our service offering. Our ATM's will provide not only local cash, but also Dynamic Currency Conversion (DCC) and foreign currency. Through EVRY's ATM software we are able to provide multi-functional ATM services throughout Europe. We are delighted to be working with EVRY on this project and look forward to their continued support", says Paul Meehan Director of ChangeGroup.
"I am pleased that ChangeGroup has chosen EVRY to deliver their ATM services. This contract will give ChangeGroup unified ATM service deliveries for all the countries in which it will operate, paving the way for great economies of scale. This is an important contract for us and demonstrates that EVRY is competitive to deliver a pan European ATM service", says Wiljar Nesse in EVRY Financial Services.
The agreement with ChangeGroup is a 5-year contract. EVRY will begin to deliver its services in April 2014 as ChangeGroup now has established their ATM business. EVRY already supplies its services for more than 5.000 ATM's in Finland, Sweden, Norway, Denmark and the UK. The services are based on EVRY's Nordic delivery organisation.
Wiljar Nesse, EVP Financial Services EVRY, tel +47 934 48116
Paul Meehan, Director ChangeGroup, tel +44 7768 464613
Geir Remman, VP Corporate Communication EVRY, tel: + 47 970 55 017
EVRY is one of the leading IT companies in the Nordic countries, with a strong Financial solutions portfolio and a local presence in 50 Nordic cities. For several years EVRY have been a strong ATM and card solutions provider to banks and financial institutions in the UK. Through its knowledge, solutions and technology, EVRY contributes to the development of the information society of the future, and so creates value for the benefit of its customers and for society as a whole. EVRY combines in-depth industry knowledge and technological expertise with a local delivery model and international strength. EVRY has some 10,000 employees, and reports annual turnover approaching NOK 13 billion. The company is listed on the Oslo Stock Exchange and operates from headquarters at Fornebu - Oslo.
Established in 1992, the ChangeGroup has steadily grown to become one of the leading global Foreign Exchange businesses, serving 3 million customers per year and with a network of over 85 branches, operating in 11 countries and 21 cities across Europe, North America and Asia Pacific.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: EVRY via Globenewswire