PRESS RELEASES
2008 2007 2006 2005 2004 2003 2002
December 05, 2007
Level Four Wins Best Software Product Award
November 21, 2007
Level Four Joins XFS Technical Committee
November 14, 2007
Faulty ATMs Encourage Disloyalty In French Consumers
November 07, 2007
Kazakhstan Bank to Automate ATM Testing with Level Four
October 30, 2007
National Bank of Dubai Upgrades to Level Four's BRIDGE:test
October 04, 2007
Level Four Ensures Smooth EMV Migration at Canadian ATMs
July 30, 2007
1 in 3 Bank Customers Would Switch Banks to Avoid Faulty ATMs
July 18, 2007
OTP Upgrades to Level Four's BRIDGE:test
July 09, 2007
New President and Headquarters Support the Growth of Level Four Americas
June 19, 2007
Level Four Partners with Aurigae to Deliver Independent ATM Testing Solutions to Spanish Banks
June 12, 2007
Level Four Unveils Latest Version of BRIDGE:test
March 29, 2007
Level Four Announces a New Holistic Solution for ATM Software
March 26, 2007
Global Payments Europe Uses Level Four's ATM Developer To Reach New Territories
March 13, 2007
Banks must exercise caution when considering Vista ATM migration for ATMs, warns Level Four
February 22, 2007
Level Four and SBS Partner to Deliver Independent ATM Monitoring
January 08, 2007
Level Four urges rethink of ATM testing when migrating to Windows
Press Releases
November 14, 2007
FAULTY ATMS ENCOURAGE DISLOYALTY IN FRENCH CONSUMERS
European survey indicates that fee charging at the ATM impacts customer retention
Paris, 14 November 2007 - A survey by Level Four Software today reveals that a staggering 70% of people in France would consider moving their bank account if their bank’s ATMs were repeatedly faulty (ie cash machines that are ‘out of order’ or ‘out of cash’). This figure is in stark contrast to results from the same survey in the UK where 38% of people would switch. The research highlights a huge difference in commitment across the Channel, revealing that customers in the UK show greater loyalty to banks than customers in France.In France, some banks impose additional fees for withdrawing funds from their competitors’ ATMs which customers would be forced to use if their own bank’s ATM was not functioning. This contrasts with the UK where banks do not pass these fees onto the customer. As the range of transactions available in France is ever increasing beyond simple cash dispensing and as more and more consumers are adopting enhanced self-service functionality, additional transactions such as bill pay are not normally available from different bank’s ATMs, causing a more acute disruption to customer service if the ATM is out of service. The statistics revealing potential customer disloyalty are particularly surprising in France given the administrative effort required to change banks, although it clearly highlights how customers are placing more and more emphasis on both cash delivery and the additional range of services that banks offer at the ATM.
ATMs are critical customer touch points for banks, making network availability a key requirement. The issue of ATM downtime affects banks in terms of their inability to retain existing customers due to potentially decreased customer satisfaction. Moreover, banks cannot afford to neglect their ATM network uptime due to the lost revenues experienced during an outage and must therefore invest in effective monitoring solutions to minimise downtime and business risk.
Ian Kerr, CEO at Level Four, said: “The research indicates that customers are sensitive when it comes to ATM charging to the extent that they would consider moving bank accounts to avoid fees and to also have access to the services they desire. It seems that customers in the UK are less concerned about ATM downtime due to their ability to use most terminals in the UK free of charge. In France, network availability is more crucial to customer loyalty. These statistics reinforce the banks need to focus on the quality of their ATM service provision.”
Notes to editor:
o The research of 1,500 cardholders across UK and France was undertaken by ICM Research in the UK and ForumEtudes in France
o Full research findings are available upon request. Please contact: levelfour@hotwirepr.com
Informationen zu Level Four
Level Four ist ein hoch spezialisierter Anbieter von Softwarelösungen für Geldautomaten. Die Lösungen versetzen Banken und Zahlungsabwickler in die Lage, das Gewinnpotential ihrer ATM-Netzwerke umfassend zu erschließen. Seit 1995 hat sich Level Four mit seinem Flaggschiffprodukt ATM Channel Development Suite als führender weltweiter Anbieter von Test- und Entwicklungstools für Geldautomaten etabliert. Nach Einführung der Open-Standard-Technologie und im Einklang mit seiner Verpflichtung zu kontinuierlichen Verbesserungen im Geldautomatensektor hat Level Four im Jahr 2006 begonnen, mit Level Four BRIDGE spezielle On-Board-Software für Geldautomaten zu entwickeln. Das Produkt macht sich Level Fours solides technisches Erbe zunutze und liefert die erste, wirklich verteilte Architekturlösung für den Geldautomatenmarkt. Level Four besitzt einen beeindruckenden Kundenstamm an Banken und Zahlungsabwicklern aus der ganzen Welt, z. B. die Royal Bank of Scotland, Lloyds TSB, die National Bank of Dubai, Rabobank, LINK und die Standard Bank of South Africa. Level Fours Unternehmenszentrale befindet sich in Dunfermline, weitere Niederlassungen sind in Maidenhead, Dubai und Charlotte NC.
Weitere Informationen zu Level Four finden Sie unter www.levelfour.com
Nähere Informationen erhältlich von:
Martin Macmillan
Level Four Software Ltd
Tel: +44 (0) 1383 720 118
E-mail: martin@levelfour.com
Hotwire PR
Nicola Truman / Alexia Ward
+44 (0) 20 7608 2500
E-mail: levelfour@hotwirepr.com
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