Kuwait International Bank Enhances Self-Service Banking with Diebold Nixdorf Technology
NORTH CANTON, Ohio, July 9, 2025 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a global leader in transforming the way people bank and shop, announced today the successful implementation of its Interactive Teller Machines (ITMs) at Kuwait International Bank (KIB). This strategic deployment is a significant step forward in how KIB serves its customers, offering a seamless blend of self-service convenience and personalized banking.
The new ITMs are now operational at select KIB branches, with plans for additional installations in the near future, including DN Series® ATMs with video capability. The implementation was managed in collaboration with Axis Solutions, Diebold Nixdorf's licensed partner in Kuwait.
Customers can now engage via video with a live teller, ensuring that complex transactions are handled seamlessly, even outside traditional banking hours. Other new services provided by the ITMs include:
Cash Withdrawal and Deposit Over Limits: The ITMs are equipped to process transactions that exceed standard limits, providing flexibility and greater access to funds.
Check Deposit and Encashment: Clients can easily deposit and cash checks, reducing the need for in-branch visits and accelerating processing times.
Instant Card Printing and Activation: The ITMs feature on-the-spot card printing, allowing customers to receive and instantly activate new or replacement debit cards immediately.
Services for Visually Impaired Customers: The ITMs offer accessibility features such as voice guidance and tactile keypads, ensuring an inclusive banking experience.
Civil ID Update: Customers can conveniently update their Civil ID information directly at the ITM, simplifying compliance and reducing the need for branch visits.
Nawaf Al-Khrayef, deputy general manager of Retail Banking at KIB, said: "Our new ITMs represent a significant step forward in our commitment to deepening customer relationships by delivering a banking experience that aligns with today's modern lifestyles. By leveraging Diebold Nixdorf's innovative technology, we are offering advanced self-service options that are more convenient and efficient. This advancement reflects our continued efforts to elevate customer service standards in the country and reinforces our core promise to be a true 'Bank for Life'."
Abeer Abu Sultan, director at Axis Solutions, said: "We are proud to support KIB's vision for innovation in self-service banking. Through a forward-thinking approach, KIB has positioned its self-service channel as a key competitive advantage in Kuwait's banking sector, redefining customer journeys and fueling investment in digital infrastructure. By deploying Diebold Nixdorf's advanced solutions, KIB is enhancing the customer experience and supporting the ongoing advancement of banking services in the local industry."
Habib Hanna, managing director, Middle East, at Diebold Nixdorf, said: "We are excited to partner with Kuwait International Bank to provide their customers with a modern and convenient banking experience, all in one convenient location. Diebold Nixdorf's ITMs are easy to service and offer a suite of advanced capabilities that empower KIB to meet the evolving needs of their customers."
About Kuwait International Bank
Kuwait International Bank (KIB) is a bank that operates according to the Islamic Shari'ah, based in the State of Kuwait. Incorporated in 1973, and originally known as Kuwait Real Estate Bank, KIB made the transition to its current Islamic operating model in 2007. In 2018, KIB embarked on a new phase of its journey full of innovation and development. As part of its new strategic direction, the Bank focuses on offering a next-level customer experience under the slogan: "Bank for Life".
Through a network of branches spread across the State of Kuwait, KIB offers a broad range of banking products and services, as well as innovative digital banking solutions in line with international best standards. As part of its duty towards the community, the Bank also encompasses a leading social responsibility program that aims at positively impacting all members of the community through a wide range of impactful initiatives and activities.
Today, KIB has taken concrete steps in implementing its new strategic objectives. The Bank has cemented its role as a key player in the local banking industry and has continued to maintain its strong financial performance; enabling it to be globally recognized for its strong credit rating and financial position.
About Axis Solutions
Axis Solutions is a premier provider of advanced banking technology solutions, dedicated to enhancing the financial services industry through innovation and expertise. With a focus on delivering cutting-edge products and services, Axis Solutions partners with leading institutions to drive digital transformation and improve customer experiences.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world's top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 21,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.
X: @DieboldNixdorf LinkedIn: www.linkedin.com/company/diebold Facebook: www.facebook.com/DieboldNixdorfYouTube: www.youtube.com/dieboldnixdorf
DN-B
View original content to download multimedia:https://www.prnewswire.com/news-releases/kuwait-international-bank-enhances-self-service-banking-with-diebold-nixdorf-technology-302499321.html
SOURCE Diebold Nixdorf, Incorporated
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Winklevoss Claims JPMorgan Halted Gemini Onboarding After Data Access Fees Criticism
Tyler Winklevoss, co-founder of the crypto exchange Gemini, claimed that JPMorgan Chase halted its onboarding process for Gemini after he criticized the bank's new fee structure for fintech companies. Last week, Winklevoss publicly criticized JPMorgan CEO Jamie Dimon after Bloomberg reported the bank would start charging fintech platforms for access to customer banking data. Many of these platforms serve as bridges between traditional banks and crypto services. 'This will bankrupt fintechs that help you link your bank accounts to crypto companies,' Winklevoss posted on X. ' This is the kind of egregious regulatory capture that kills innovation, hurts the American consumer, and is bad for America.' JPMorgan didn't address Gemini directly but defended its decision, telling Forbes that nearly 2 billion monthly requests for user data come from third parties, most of them not tied to actual customer activity. By charging fees, the bank says it aims to curb misuse and protect consumers. In a follow-up tweet, Winklevoss said the bank told Gemini it was pausing re-onboarding the exchange. JPMorgan had previously offboarded Gemini, as CoinDesk reported, during so-called Operation Choke Point 2.0, a period during which many crypto firms lost banking access under regulatory scrutiny. 'We will continue to call out this anti-competitive, rent-seeking behavior and immoral attempt to bankrupt fintech and crypto companies,' Winklevoss wrote. Gemini, which filed confidentially for an IPO earlier this month, has been offering an increasing number of services that recently started including tokenized stocks. Sign in to access your portfolio
Yahoo
7 hours ago
- Yahoo
Heritage Commerce Second Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags
Heritage Commerce (NASDAQ:HTBK) Second Quarter 2025 Results Key Financial Results Revenue: US$47.3m (up 15% from 2Q 2024). Net income: US$6.39m (down 31% from 2Q 2024). Profit margin: 14% (down from 22% in 2Q 2024). The decrease in margin was driven by higher expenses. EPS: US$0.10 (down from US$0.15 in 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Heritage Commerce Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 47%. Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are down 6.9% from a week ago. Balance Sheet Analysis Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Heritage Commerce's balance sheet health. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
7 hours ago
- Yahoo
Columbia Banking (COLB) Jumps 6.3% as Investors Cheer Q2 Income
We recently published . Columbia Banking System Inc. (NASDAQ:COLB) is one of the best-performing stocks on Friday. Shares of Columbia Banking increased by 6.30 percent on Friday to close at $24.82 apiece as investors loaded positions following an impressive earnings performance in the first half of the year. In its earnings release, Columbia Banking System Inc. (NASDAQ:COLB) said its net income rose by 27 percent to $152 million from $120 million in the same period last year. Net interest income grew by 4 percent to $446 million from $427 million year-on-year amid higher interest income from loans and investment securities and relatively stable funding costs. On the other hand, non-interest income climbed by 44 percent to $64.46 million from $44.7 million in the same period last year. 'Commercial loan growth outpaced runoff in transactional portfolios while the net interest margin benefited from loan repricing, controlled deposit pricing, and a rebound in securities yields. Continued expense discipline further supported our strong performance, even as we continue to reinvest in our growing franchise—opening three new branches and planning for the closing of our Pacific Premier acquisition,' said Columbia Banking System Inc. (NASDAQ:COLB) President and CEO Clint Stein. Source: pixabay 'While customer deposits declined due to normal seasonal activity and increased cash usage, our Business Bank of Choice strategy continues to attract new relationships. We remain laser focused on delivering top-quartile performance and enhancing long-term tangible book value while returning excess capital to our shareholders,' he added. While we acknowledge the potential of COLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data