Banking tech firm Wincor Nixdorf says more growth on way for Austin operations

Feb 27, 2014
Austin American Statesman

With its sights set on the old adage that cash is still king, Wincor Nixdorf Inc. is feeling pretty royal these days. The Germany-based banking and retail technology firm with operations in Central Texas marked a milestone Wednesday by unveiling new offices in Northwest Austin where it will house a growing staff and a customer demo center, among other features


The Wincor Nixdorf board traveled from Germany to Austin to take part in Wednesday’s festivities, touting the move as a sign of robust growth to come


“It is a clear signal… we are planning to grow,” said Eckard Heidloff, president and CEO of Wincor Nixdorf AG, which now houses its local offices at 12345 N. Lamar Blvd. near the Techridge area


Growth in the U.S. means expanding in Austin, home to the company’s North American headquarters. The company’s Austin workforce has grown from a handful of workers in 1998 to about 250 employees today, and it continues to hire finance mangers and other positions


The company, which provides technology solutions to retail and banking firms, has annual revenues of nearly $3 billion and has a presence in more than 130 countries. Wincor Nixdorf ranks third worldwide in building the automated teller machines


The company’s executives say choosing Austin as the home for its U.S. operations remains a key decision in its growth. “I think we made a very good choice many years ago,” said Wincor Nixdorf’s U.S. CEO Javier Lopez Bartolome. “We see Austin as developing around a very strong technology background of the university and the professionals here. Our commitment to this city is quite important.”


Aside from its work developing ATMs for financial firms, Wincor Nixdorf partners with financial institutions to create cashless payment solutions, mobile payment transaction technology and smart phone ATM cash withdrawal capabilities


It has partnered with major names for its efforts, such as its exclusive work to provide checkout services for IKEA at its stores worldwide. It will work with BBVA Compass where it will launch, starting in Houston, ATMs equipped with video conferencing technology that will allow customers interact with a customer service agent


Print Article opens in new window