Wells Fargo Endorses CFM for Providing Choice, Visibility and Real-time Teller Platform Integration for Cash Dispensers and Recyclers

CFM's core integration solution for recyclers and dispensers provides Wells Fargo with market choice of technology, true teller platform integration, and visibility into device usage and health

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Aug 11, 2016, 08:40 ET

CHANDLER, Ariz., Aug. 11, 2016 /PRNewswire/ -- CFM, the core integration solution for financial institutions, announces Wells Fargo has publicly endorsed its solution for integrating cash dispensers and recyclers with teller platforms. This endorsement comes after a multi-year partnership between the two organizations.

Jonathan Velline, EVP of Wells Fargo Store Strategy, endorses CFM.

Wells Fargo sought out CFM after seeing the inefficiencies of running cash automation machines offline. Jonathan Velline, EVP of Wells Fargo Store Strategy, had high praise for CFM and their integration capabilities, "Wells Fargo has a large fleet of teller cash dispensers and recyclers, from a lot of different manufacturers and a lot of different models. We had three challenges we were trying to solve: how to integrate them better with our teller system, how to get information of usability and device health, and finally, how to create one process that works across all those different models—I need one process, one set of software. CFM is the solution that addressed all of those needs."

Velline added, "I was initially attracted to the utilization, reporting and device health monitoring, but I also liked the fact that I could have one software that integrated with all the models, all the manufacturers, so I could be free to buy any hardware I wanted to."

"CFM and our experienced integration team worked with Wells Fargo to deliver the recycler and dispenser integration Wells Fargo had always envisioned," said Nathan Moore, CFM's Chief Disruption Officer. "The key to success was providing a true choice in hardware and full visibility to the utilization and health of every piece of hardware connected to the system. CFM delivered that and much more!"

CFM's solutions have helped banks and credit unions of all sizes transform into the branch of the future with enabling technology. To learn more visit www.whyCFM.com

About CFM

Innovations aren't innovative unless a problem or need is solved. For CFM, revolutionizing the financial industry started with this simple principle. Started by programmers, technicians, and end users, CFM helps banks and credit unions transform the banking experience through core integrated solutions. As the only zero-footprint solution in the industry, CFM enables the future of banking by connecting cash automation hardware to the core, enabling Universal Associates, driving self-service solutions, developing super-safe redundancy products, and providing robust analytics. CFM is headquartered in Chandler, AZ and a strategic partner of DBSI (www.dbsi-inc.com), a branch transformation strategist. To learn more, visit www.whycfm.com or call (855) 333.4236.

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SOURCE CFM