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Ion Bank Expands Its Use Of NCR Interactive Video Technology

Stocks in this article: NCR

Ion Bank, a community bank serving customers in Connecticut, is increasing its use of interactive video technology from NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies.

Since the bank introduced the technology in its Wallingford location in 2012, Ion Bank customers have responded positively to use of the technology that lets them perform a full range of teller transactions with a live teller via video. In response, Ion Bank has added four additional NCR Interactive Teller units to two branches in Waterbury and Oxford.

With NCR Interactive Teller, a live teller takes remote control of the device while engaging the customer over two-way video, providing a personalized experience. The solution provides live teller services for clients who want the human touch, and also offers more services than can be conducted on an ATM or other self-service devices. For instance, customers can perform secure transactions without using a traditional ATM card and, like branch tellers, remote tellers can provide cash beyond ATM limits, assist in mortgage payments, transfers, and more.

Ion Bank’s interactive tellers work out of the New Haven Road location in Naugatuck and can support customers at any of the bank’s six Interactive Teller units. Video collaboration and transaction processing can both reduce operating costs by centralizing tellers across multiple branches, while still connecting customers and tellers in a face to face, highly personal engagement. This expansion of NCR Interactive Teller has also freed branch staff to focus on the service needs of customers visiting the branch.

“Our customers have responded enthusiastically to this technology,” said Dawn D. Orsini, Vice President of Retail Banking, Ion Bank. “This is a great opportunity to give our customers the added convenience of longer banking hours. Our interactive Tellers enable us to leverage the latest technology with the traditional banking experience. It was a natural step to expand our use of this technology to additional locations throughout our service area.”

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