OREANDA-NEWS. Diebold, Incorporated (NYSE: DBD) and Al Rajhi Bank have received the Best Technological Innovation Award at the 2016 Cards and Payments Conference and Exhibition. This award recognizes the most innovative technological contribution to a card or mobile payment launch that has helped deliver a unique product or service to the market. The co-developed self-service terminals, powered by Diebold's dynamic software platform, enable online banking, statement printing and biometric authentication, as well as the issuance of new checkbooks and debit cards. The terminals will continue to be implemented across Al Rajhi's branches in Saudi Arabia through 2017.

DIEBOLD AND AL RAJHI BANK RECEIVE INNOVATION AWARD FOR COLLABORATIVELY-DEVELOPED SELF-SERVICE SOLUTION

"It was a great experience to work with Diebold to design and manufacture a customized solution to create a truly differentiated customer experience," said Adel Al-Rajhi, senior director of direct banking, Al Rajhi Bank. "The feedback we have received from our customers proves that we have introduced a truly unique solution to the market. Our customers value the convenience the self-service terminals provide, as they are able to receive a multitude of services on the spot in just a few moments."

The custom solution was co-developed in Diebold's Europe, Middle East and Africa (EMEA) Center of Innovation, which provides customers with the opportunity to explore innovative technology solutions, collaborate with industry experts and experience new solutions. Alhamrani Universal, Diebold's local partner, is assisting in the implementation of the custom units across Al Rajhi's network. A replica of the Al Rajhi Bank custom solution is available for viewing at Diebold's Dubai Solution Centre in the United Arab Emirates.

"This award highlights Diebold's dedication to collaborative innovation, meeting our customers' business objectives and elevating the consumer experience," said Bassem Bouzid, Diebold senior vice president and managing director, Europe, Middle East and Africa. "We have multiple centers of innovation around the globe that enable us to work directly with our customers to create custom hardware and software solutions that meet specific market and business needs. This approach to customer service is what truly makes us unique in the market."

About Diebold
Diebold, Incorporated (NYSE: DBD) provides the technology, software and services that connect people around the world with their money - bridging the physical and digital worlds of cash conveniently, securely and efficiently.  Since its founding in 1859, Diebold has evolved to become a leading provider of exceptional self-service innovation, security and services to financial, commercial, retail and other markets.