DALLAS, October 4, 2022– Hyosung America announced today the launch of three new Banking solutions that bridge the legacy of Hyosung’s innovation and modular design with the industry’s most transformational cash-automation solutions.
Our best performing, bank grade Cash Dispense ATM series is designed for moderate and high-capacity locations. The Series 5, which includes the new 5L Cash Dispenser and forthcoming 5T (thru-the-wall) Cash Dispenser, offers a new, redesigned interface to enable a high-end bank grade experience.
Our most affordable, bank grade full-function ATM series is designed for moderate volumes and maximum performance. The new Series 7, which includes the 7T (thru-the-wall walk-up), 7D (thru-the-wall drive-up) and 7I (island drive-up), has a new, redesigned form factor to minimize footprint while maximizing usability. All devices come standard with a 5-high cash dispenser and CCIM Check and Cash Depositor. The Series 7 provides a modern update to the legacy 7600 ATMs.
Complimenting our industry leading MS500 (high-counter) and MS500S (low-counter) Teller Cash Recyclers (TCRs), the MS500EL is designed for lower-volume branches that do not require the higher capacity offered in the MS500 and MS500S, at an entry-level price.
“At Hyosung America, we recognize that banks of all sizes have differentiated needs based on branch size, services offered and staffing models. The Series 7 ATMs and MS500EL TCR were designed to create cost effective solutions for banks that want to enable transformational customer and employee experiences at a cost-effective price point,” said Brad Nolan, Chief Marketing Officer for Hyosung America.
“We are really excited to introduce the new 5L Cash Dispenser which replaces the legacy 5600 model,” said William Budde, VP of Banking Solutions for Hyosung America. “With the new 5L, banks finally have a premium offering that compliments their own brand experience.”
The Hyosung 5L, Series 7, and MS500EL are now available for order. More information on the banking announcement and other solutions can be found here.
About Hyosung America
Hyosung America, the world’s leading cash management and payments platform service provider, is the North American subsidiary of South Korea-based Hyosung Corporation. Since entering the North American market in 1998, Hyosung has grown from the largest provider of ATMs in the United States, to offering best-in-class, innovative and transformative technology solutions across the cash management and payments spectrum. Hyosung America is headquartered in Irving, Texas, and provides research and development support in its Global Software Center in Dayton, Ohio.