), the automated teller machine and point of sale ("POS")
solutions manufacturer, has agreed to partner with leading
technology security provider McAfee to offer security solutions
for retailers. NCR's security offering, NCR System Integrity for
Retail, takes care of the entire operation of a retailer, i.e.,
from point-of-sale to back-office operations.
NCR System Integrity will block unapproved POS software or
systems thus reducing the number of malicious viruses or malware
that could attack the payment system.
This is a unique combination of NCR and McAfee's vast
knowledge and expertise which will help companies to maximize
their IT resources. Technical collaborations have become key for
technology companies and NCR is no exception. We believe that
this will help the company to tap a greater portion of the ATM
Apart from technical collaborations, NCR is also pursuing
acquisitions for growth. A case in point would be the acquisition
of Radiant Systems, which is now making a meaningful contribution
to its sales. This apart, the company is also tightening its grip
on the ATM and POS markets in Europe, with a special emphasis on
We remain highly positive about NCR'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, and we believe this
technical collaboration with McAfee will make it a trusted player
in the retail financial services space. Moreover, the company's
efficient offerings have been inspiring banks and a host of other
financial institutions to choose its services.
Currently, NCR and its rival
) carry a Zacks #3 Rank (Hold).
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