NCR Corporation ( NCR ) is making
necessary efforts to improve its customer base. Its recent deals
promise increased efficiency to customers, which in the prevailing
conservative environment looks like a solid strategy.
The company has grabbed a new deal from Massdiscounters, a
leading retail division of MassMart Management Group. According to
the deal with the South Africa-based Massdiscounters, it has
deployed NCR's Retalix Transportation Management software.
Through this solution Massdiscounters can considerably improve
their logistics operations by automating scheduling processes,
synchronizing yard and other activities such as dock management and
optimizing inbound and outbound shipments. The solution also helps
to save costs associated with the logistics activities and provides
enhanced supply chain productivity, compliance and visibility. We
believe this is a new area of activity for the cash management of
Apart from this, NCR has also won a deal from the Conestoga Bank
of Pennsylvania. The bank is deploying the interactive video
banking program, specifically, uGenius, which NCR purchased in Jan
2013. Conestoga is now using NCR video banking technology by
installing two more teller machines for their Bankwerx branch.
This technology is beneficial for banks as they substitute
capital for labor, as the cost of human capital is high. This is a
purely economical benefit that the banks and financial institutions
have in mind while implementing such automation technologies.
NCR's deal wins across industries is testimony of its extensive
product portfolio. In the past, its bank virtualization technology
was overlooked to a considerable extent but is now looking
We believe that NCR Corp.'s commitment to protect the trust and
integrity of the ATM channel has been inspiring banks and a host of
other financial institutions to choose its services and helping to
deal with competition from Diebold Corp. ( DBD ).
As a result, some financial institutions and banks like
Barclays Bank plc ( BCS ) and UniCredit
Bank, a subsidiary of Capitol Federal Financial
Inc. ( CFFN ), have upgraded
their ATMs with advanced NCR banking solutions.
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