NCR To Provide SelfServ 83 To Union Bank Of The Philippines
Zacks Investment Research | Jan 11, 2018 09:28PM ET
NCR Corp. (NYSE:NCR) recently announced that the Union Bank of the Philippines (UBP) will launch its prototype branch powered by the former’s Interactive Teller and will be called “The Ark”. The branch is located at Insular Building, Ayala Avenue corner Paseo de Roxas Avenue of Makati City.
UBP’s centrally placed video tellers will be enabled to remotely deliver almost 90 percent of the teller services via the Interactive Teller, NCR SelfServ 83. It accepts and dispenses cash and cheques. The device also takes care of payment of bills, transfer of funds, balance recharging of mobile phones as well as generation of mini statements.
Per the press release, “The NCR SelfServ portfolio includes intelligent cash deposit and recycling options, multi-currency deposit, remote download of templates and scalable check deposit.”
This will ensure greater convenience, which will attract new customers and inspire loyalty among the existing ones. This technology will benefit customers by saving time otherwise wasted in long queues at check-out counters and will eventually be a tailwind for the company’s financials.
NCR Corporation Revenue (TTM)
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