) is soon to announce another innovation. The company said it is
) and PayPal to launch a series of mobile solutions, which
include Jamba Juice-branded iOS and Android mobile ordering and
This ordering facility is available at a few selected Jamba
Juice locations that can be accessed by millions of customers
through the PayPal app to place mobile orders and pay for it
directly via their smartphone. This new technology has the
capacity to integrate with the NCR Aloha point-of-sale (POS)
platform. This new system is expected to improve the speed of
service and enhance its efficiency to a considerable extent.
Moreover, NCR has secured another contract from the Conestoga
Bank, which is in the process of expanding its interactive video
banking program. This is one of the first financial institutions
in the United States to implement the video banking
Using this technology, the bank can connect the personal
teller machines (PTMs) to the customers to a two-way video/audio
conversation using the ATM unit. With this technology, the remote
teller will have full control over the ATM unit, creating an
interactive environment where the customers can perform the
majority of bank transactions at 33% less time.
In the last couple of quarters, NCR has won several deals,
which is a marked improvement for the company. The lack of
investments by financial institutions led to lower order
renewals, but the scenario has changed for the better in the last
couple of months.
Although the ATM and POS market in the U.S. is in duopoly, NCR
being the stronger player and
) a close second, the company is making an effort to fully
explore the Asian and other African markets. In order to secure
more deals at regular intervals, the company is trying to get
hold of additional market share in the Asia-Pacific region, the
Middle East and Africa as they are deemed to see the strongest
We are encouraged with the ATM order renewal rate of NCR. 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. As a
result, some financial institutions and banks like
Barclays Bank plc
) and UniCredit Bank, a subsidiary of
Capitol Federal Financial Inc.
), have upgraded their ATMs with advanced NCR banking
Currently, NCR Corp. has a Zacks Rank #2 (Buy).
BARCLAY PLC-ADR (BCS): Free Stock Analysis
CAPITOL FEDL FN (CFFN): Free Stock Analysis
DIEBOLD INC (DBD): Free Stock Analysis Report
JAMBA INC (JMBA): Free Stock Analysis Report
NCR CORP-NEW (NCR): Free Stock Analysis
To read this article on Zacks.com click here.