NCR and Huntington Technology Finance team up for ATM lease financing
Gordon Fraser, NCR
NCR Corporation (NCR) has signed a strategic alliance agreement with US-based Huntington Technology Finance to provide lease financing for NCR ATMs, including “ATM-as-a-Service” type options, for financial institutions (FIs).
The new relationship gives FIs a single, monthly (or quarterly) payment for their NCR equipment, deployment, service, administration and software.
Gordon Fraser, remote services management director, NCR, says FIs face “significant pressure” on capital expenditure (capex), and therefore “banks around the world are migrating to an ATM-as-a-Service model”.
NCR says operational expense financing through Huntington will be available for US-based financial institutions, including those with multi-national operations.
First in Taiwan
In a recent, separate deal, NCR customised the first ever financial kiosk solution in Taiwan for E.Sun Bank. Called E.Sun iPayment Kiosk, it includes bill payment, statement printing and notes exchange.
The bank also selected NCR Aptra Connections software to run on the kiosk and purchased NCR SelfServ ATMs to provide personalised ATM transactions.
