The order includes NCR SelfServ(TM) ATMs with cash dispense, deposit and cash recycling functions, which will help ATMU’s bank customers, especially small-to-medium sized banks, to deliver a better customer experience. Since 2008, NCR has won volume ATM orders from ATMU totaling more than 9,200 units.
ATMU owns and operates its ATM network through a profit-sharing model with cooperated banks. This cooperation model allows banks, especially small-to-medium sized banks in China, to avoid making separate investments in dedicated ATM fleets.
“ATMU is an innovator in providing an alternative option to banks’ ATM investments. We value our growing relationship with ATMU in broadening NCR SelfServ ATMs to the 2(nd) to 3(rd) tiered market in China, jointly making their bank customers and end consumers’ everyday lives easier,” said Gary Miao, president of Financial Services, NCR Greater China. “NCR will continue to expand our sales channel in China by working with different partners.”
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.