Market Share of Bank Kiosk Industry
The bank kiosk market is fragmented due to the players included across the value chain of the bank kiosk market, including hardware vendors and software and solution vendors. The market also witnessed activities such as acquisitions, partnerships & collaborations that paved the way for expanding market players' business and customer base. Some of the key players in the market include NCR Corporation, Diebold Inc., Glory Limited, KIOSK Information Systems, Nautilus Hyosung Corporation, GRG Banking, Korala Associates Limited (Kal Atm Software), Hitachi-Omron Terminal Solutions Corp., among others.
- December 2023: Travelex, the esteemed foreign exchange brand, is investing substantially in over 75 new bureaux, kiosks, and ATMs across different countries in response to the ongoing recovery of global travel. In Europe, Travelex has significantly enhanced its ATM network, introducing new ATMs at key airports such as Berlin, Frankfurt, and Zurich and installing more than a dozen ATMs throughout the national railway network in the Netherlands. Additionally, Travelex is pleased to announce contract extensions for both its bureaux at Hamburg Airport and its tax refund business in the Netherlands.
- October 2023: Union Bank of the Philippines (UnionBank) has introduced three new Bank-on-Wheels (BOW) mobile kiosks. Through a contract with AFI, UnionBank has been granted permission to utilize one electric vehicle as a mobile banking kiosk. These new BOWs have been designed to ensure convenience, offering mobile ATM services in a comfortable environment akin to The ARK, UnionBank's pioneering fully digital and paperless bank branch in the nation. The BOWs aim to enhance customer experience by bringing banking services closer to clients, with a variety of features tailored to cater to their specific needs.
Bank Kiosk Market Leaders
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NCR Corporation
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Diebold Inc
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Glory Limited
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Nautilus Hyosung Corporation
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Korala Associates Limited (Kal Atm Software)
*Disclaimer: Major Players sorted in no particular order
