This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

ATMU To Make Everyday Easier For Small-Medium Sized Banks In China With NCR SelfServ ATMs

Global technology company NCR Corporation (NYSE: NCR) has won a new automated teller machine (ATM) order of more than 500 units from ATMU (China) Technology Co. Ltd (“ATMU”), the largest ATM cooperation operator and service provider in China. The order includes NCR SelfServTM 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.

The purchase features NCR SelfServ 25 with cash dispensing function and SelfServ 35 with cash deposit and recycling function. With compact footprint and slim line interfaces, both models are through-the-wall and vestibule outdoor ATMs, which are designed to deal with extreme weather experienced in China. The SelfServ 35 can handle a high volume of cash and has a large recycling capability to maximize financial service providers’ return on investment.

ATMU’s key challenges are to protect its ATM investment by ensuring its ATM network is highly available, secure and easy-to-use for consumers, and that its business processes are streamlined and efficient. According to ATMU, NCR SelfServ ATMs help drive deposit and revenue growth by delivering broad range of transactions and ensuring higher availability to consumers. This differentiated capability will drive loyalty among customers and help ATMU grow its business.

The unique self-healing technology in NCR SelfServ ATM addresses the key need of availability for ATMU. The NCR SelfServ ATM recovers automatically and quickly from “soft” failures with no need for service intervention, reducing average recovery time from two or three hours to 15 minutes. NCR SelfServ ATMs also feature advanced management functions, delivering banks more data about ATM locations, configurations and activity levels for each ATM. It enables ATMU to make more accurate and timely management decisions.

Stock quotes in this article: NCR 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,414.83 -10.02 -0.06%
S&P 500 1,861.52 -0.79 -0.04%
NASDAQ 4,083.7830 -2.4420 -0.06%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs