NCR Corp.
(
NCR
) will provide its latest SelfServ Automated Teller Machines
(ATM) to a Kansas-based financial institution Capitol Federal
Savings Bank. Financial details of the deal were not divulged.
The bank operates under the holding company
Capitol Federal Financial Inc.
(
CFFN
), which offers banking services in Kansas through 45 branch
offices. Products include savings accounts, money market
accounts, checking accounts, consumer loans, construction loans,
home equity loans and automobile loans.
The Capitol Federal Savings Bank will deploy 69 ATMs across its
branches. The self-serv ATMs feature Scalable Deposit Module
(SDM) technology, which allows simultaneous cash and check
deposit in any orientation through a single slot, doubling the
speed of ATM transactions.
Apart from this, the bank will install NCR's Solidcore Suite for
APTRA software within the ATM network. Solidcore Suite for APTRA
is a part of NCR Corp.'s APTRA Software Security, which provides
customers with comprehensive ATM security. The software
safeguards against unauthorized code on ATMs and insider attacks.
The security solution will not only provide real time threat
protection from malicious software but also reduce servicing
costs.
With the installation of the ATMs by early 2013, the bank is
confident of providing ultimate customer experience by reducing
waiting time.
Earlier this year, North Texas-based financial institution
LegacyTexas Bank and South Africa Absa Group Limited upgraded
their ATM experiences. NCR also shares close association with
leading banks, such as
Barclays Bank plc
(
BCS
) and UniCredit Bank, which have upgraded their ATMs with
advanced NCR banking solutions.
We remain highly positive on NCR Corp.'s ATM footprint. According
to a study published by Retail Banking Research, NCR has been the
world's largest supplier of multi-vendor ATM middleware and
applications for 25 consecutive years. 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.
Currently, NCR Corp. has a Zacks Rank #3, (Hold). NCR's
arch-rival in ATM market,
Diebold Inc.
(
DBD
) has a Zacks Rank #5, (Strong Sell).
BARCLAY PLC-ADR (BCS): Free Stock Analysis
Report
CAPITOL FEDL FN (CFFN): Free Stock Analysis
Report
DIEBOLD INC (DBD): Free Stock Analysis Report
NCR CORP-NEW (NCR): Free Stock Analysis
Report
To read this article on Zacks.com click here.
Zacks Investment
Research