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MarketScreener Homepage  >  Equities  >  Nyse  >  NCR Corporation    NCR

NCR CORPORATION

(NCR)
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NCR : Oman Arab Bank, NCR intro NFC, personalized transactions at ATMs

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05/02/2019 | 12:11pm EDT

NCR Corp. has announced that Oman Arab Bank has become the first bank in Oman to deploy NFC contactless card-reading technology.

The technology is capable of making ATM transactions more secure and 15% faster than card-enabled transactions, according to an NCR press release.

OAB also will use NCR ATM software to introduce a "favorite transaction" personalization feature that lets customers to tag transactions as favorites, making those transactions faster and easier the next time they are requested by the customer.

"Differentiating through innovative and seamless banking services for our customers remains a key strategy for us," Fahd Bin Amjad, OAB General Manager for Retail Banking, said in the release. "Being the first to introduce NFC technology in the country reiterates our commitment."

OAB recently began using NCR's Activate software to help integrate its self-service channel with the rest of its digital infrastructure, according to the release

"NCR is strategically positioned to help our customers compete in the evolving digital world and we are thrilled to work with OAB as it introduces NFC technology in Oman to create exceptional banking experiences for its customers," said Hussam Zahdeh, area vice president for Saudi and Gulf at NCR. "By deploying Activate, OAB is taking a big step towards bridging the physical and digital world to enable future growth strategies and transform transactions into interactions that matter."

Copyright © 2019 Networld Media. All rights reserved., source Industry News

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Financials ($)
Sales 2019 6 514 M
EBIT 2019 758 M
Net income 2019 335 M
Debt 2019 3 022 M
Yield 2019 -
P/E ratio 2019 19,01
P/E ratio 2020 14,83
EV / Sales 2019 1,05x
EV / Sales 2020 0,98x
Capitalization 3 812 M
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Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 35,3 $
Spread / Average Target 11%
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Managers
NameTitle
Michael Dale Hayford President, Chief Executive Officer & Director
Frank R. Martire Executive Chairman
Owen J. Sullivan Chief Operating Officer
Andre John Fernandez Chief Financial Officer & Executive Vice President
William T. VanCuren Chief Information Officer & Senior Vice President
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