Tidel Technologies, Inc. announced Wednesday it has received certification for its AnyCard automated teller machines by Toronto-based TNS, Inc. TNS is the largest processor in Canada of white-label, or independent, automated banking machines on the Interact network. Interact is the only shared ATM network in Canada.
Tidel stated it will begin selling ATMs in Canada through distribution channels immediately.
Michael F. Hudson, Executive Vice President, stated, “We have received certification on schedule and are tremendously excited about the future for ATM sales in Canada. Changes in banking regulations to allow white-label processing have opened a tremendous market for retail cash dispensers.” He added that the Company plans to expand its international distribution efforts into Central and South America later this year, with entries in the European market in 1999.
Tidel Technologies, Inc. is a Texas-based manufacturer of automated teller machines and cash security equipment designed for specialty retail marketers.Details