) has been awarded two more deals continuing the series of deal
wins over the last couple of quarters. NCR has recently secured a
deal from the Lake State Credit Union. Under the contract, NCR
will provide its interactive video technology to help the latter
establish a branch at a distance of 40 miles from its current
The new branch would be equipped with three NCR APTRA
Interactive Teller ATMs and additional (non-video teller) NCR
SelfServ ATMs. With the help of this technology, Lake State CU
will be able to provide Commercial, Mortgage and Consumer
services to that area.
APTRA Interactive Teller, with its ATM-based technology, not
only lets people talk to a live remote-teller, but also allows
them to remotely conduct transactions. This is a very useful
technology which is helping institutions across the globe.
Apart from Lake State CU, a passenger airlines company -- Copa
Airlines -- has also struck a deal with NCR to enhance its
efficiency and become more customer-friendly. The deal will have
a two-fold benefit on Copa. First, the NCR-developed free iPhone
app made it easier for passengers to easily access Copa's mobile
site to check flight status, check in for flights and even
download boarding passes.
Second, Copa will use the NCR APTRA eMarketing platform to
email boarding passes to its passengers to make their travel
This technology is beneficial for travel companies and
airlines as they help them to reduce human capital and strengthen
their business model.
NCR is witnessing palpable growth across different
geographical regions such as the Asia-Pacific and the Middle East
and Africa region. However, there has been a dip in business
activity in the European region. Therefore, to offset the effects
of the economic slump, the company is making strategic moves to
explore other markets and business segments. Moreover, it is
facing stiff competition from
Currently, NCR has a Zacks Rank #3 (Hold). Investors could
also consider other technology stocks, such as
) has a Zacks Rank #1 (Strong Buy) and
) has a Zacks Rank #2 (Buy).
DIEBOLD INC (DBD): Free Stock Analysis Report
MICRON TECH (MU): Free Stock Analysis Report
NCR CORP-NEW (NCR): Free Stock Analysis
ORBOTECH LTD (ORBK): Free Stock Analysis
To read this article on Zacks.com click here.