Scotiabank Partners With Cardtronics to Expand Its ATM Network in Mexico
HOUSTON, April 3, 2013 (GLOBE NEWSWIRE) -- Cardtronics (Nasdaq:CATM) today
announced—as part of an expanded ATM branding relationship—Scotiabank is
adding 500 Cardtronics cash machines to the Scotiabank Mexico ATM network. The
ATMs, part of Cardtronics' existing portfolio in Mexico, are primarily located
in major convenience stores throughout the country. Cardtronics, Inc. is the
world's largest retail ATM owner.
The partnership with Cardtronics will expand Scotiabank's ATM network in
Mexico to include more than 2,000 machines across the country, accessible to
accountholders free of charge. Scotiabank Mexico is part of Scotiabank, one of
North America's premier financial institutions and Canada's most international
"Scotiabank's focus in expanding our ATM network is to give our customers
quick, easy and convenient access to their cash," said Carlos Lomeli, senior
vice president of Retail Banking at Scotiabank Mexico. "We want to be where
our customers are and having ATMs in high traffic locations like convenience
stores helps ensure that our customers can find us where and when they need
Through its ATM branding relationship with Cardtronics, Scotiabank has
recently expanded its ATM footprint in North America by more than 1,100 ATMs,
including 150 in Puerto Rico, nearly 480 in Canada and now 500 in Mexico.
"In 2010, when Scotiabank signed its first ATM branding agreement with
Cardtronics, we spoke of establishing a framework to brand additional ATMs in
other international Scotiabank markets," said Rick Updyke, president, North
America Business Group, Cardtronics. "Now, an ATM branding relationship which
brought together Scotiabank and Cardtronics less than three years ago in
Puerto Rico has expanded twice and today encompasses more than 1,100 ATMs
spread across three North American countries."
Scotiabank is a leading multinational financial services provider and Canada's
most international bank. With more than 82,000 employees, Scotiabank and its
affiliates serve some 19 million customers in more than 55 countries around
the world. Scotiabank offers a broad range of products and services including
personal, commercial, corporate and investment banking. In December 2012,
Scotiabank became the first Canadian bank to be named Global Bank of the Year
and Bank of the Year in the Americas by The Banker magazine, a Financial Times
publication. With assets of $736 billion (as at January 31, 2013), Scotiabank
trades on the Toronto (BNS) and New York Exchanges (BNS). For more information
please visit www.scotiabank.com.
About Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and live their
lives, Cardtronics is at the convergence of retailers, financial institutions,
prepaid card programs and the customers they share. Cardtronics owns/operates
more than 62,800 retail ATMs in U.S. and international locales. Whether
Cardtronics is driving foot traffic for America's most relevant retailers,
enhancing ATM brand presence for card issuers or expanding card holders'
surcharge-free cash access on the local, national or global scene, Cardtronics
is convenient access to cash, when and where consumers need it. Cardtronics is
where cash meets commerce.
Media Relations Investor Relations
Nick Pappathopoulos Chris Brewster
Director – Public Relations Chief Financial Officer
Cardtronics and Allpoint are registered trademarks of Cardtronics, Inc.
All other trademarks are the property of their respective owners.
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