HOUSTON and TORONTO, March 23, 2017 (GLOBE NEWSWIRE) -- Cardtronics (Nasdaq:CATM) and The Bank of Nova Scotia ("Scotiabank") (TSX:BNS) (NYSE:BNS) today announced a long-term renewal of the companies’ ABM branding relationship in Canada. The agreement provides Scotiabank customers with No-Fee cash access at more than 640 Scotiabank-branded ABMs located at 7-Eleven Canada stores across the country. This renewed agreement includes an additional 130 locations in British Columbia and Alberta that have been added to 7-Eleven Canada’s footprint in recent months.
The renewed agreement extends a relationship established in 2010 across Canada, Mexico and Puerto Rico which expands the bank’s ABM footprint, enhances market reach and provides extended No-Fee ABM cash access to its customers at more than 950 ABMs.
Cardtronics, the exclusive provider of ABM services to 7-Eleven Canada stores since 2012, entered into a new, long-term ABM services agreement with the convenience store operator earlier this year.
Scotiabank customers can find the nearest participating No-Fee ABM using the Scotiabank branch and ABM locator.
Scotiabank Vice President, Physical Distribution & In-Branch Technology, James Popalis:
“At Scotiabank, we know that Canadians want the flexibility to bank anywhere, anytime and we are committed to delivering an excellent customer experience wherever our customers choose to bank with us. We are delighted to continue offering our customers the convenience of No-Fee ABM access to their bank at 7-Eleven stores in Canada.”
Cardtronics Executive Vice President and Managing Director, Global Financial Institutions, Brian Bailey:
“In this era of digital transformation, consumers today have an expectation of immediacy, and that includes surcharge-free cash access from their financial institution. Cardtronics helps banks simultaneously control operational costs and deliver the cash access account holders want, when they want it – a point proven by our long-standing relationship with Scotiabank.”
About Scotiabank
Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. We are dedicated to helping our 23 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 88,000 employees and assets of $896 billion (as at October 31, 2016), Scotiabank trades on the Toronto (TSX:BNS) and New York Exchanges (NYSE:BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.
About Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work, and live, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs, and the customers they share. Cardtronics provides services to approximately 225,000 ATMs in North America, Europe, Asia-Pacific, and Africa. Whether Cardtronics is driving foot traffic for top retailers, enhancing ATM brand presence for card issuers, or expanding card holders' surcharge-free cash access, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.
Contact Information:
| Media Relations Nick Pappathopoulos Director – Public Relations 832-308-4396 npappathopoulos@cardtronics.com Scotiabank Heather Armstrong Public, Corporate and Government Affairs 416-933-3250 Heather.armstrong@scotiabank.com | Investor Relations Phillip Chin EVP Corporate Development & Investor Relations 832-308-4975 ir@cardtronics.com |
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