Thursday, November 21, 2024
8.5 C
New York

The Philippines’ UnionBank taps NCR to manage its ATMs

UnionBank of the Philippines, the country’s ninth-largest bank, partners with NCR Corporation to adopt their ATM-as-a-Service solution, aiming to enhance self-service banking for its 10 million-plus retail customers.

Facts

  • UnionBank collaborates with NCR Corporation for ATM-as-a-Service to improve self-service banking operations.
  • The bank transfers management of its 400 ATMs to NCR, offering enhanced availability and improved uptime for customers.
  • NCR’s end-to-end ATM service includes cash, transaction, and software management, operations, deployment, compliance, cybersecurity, and back-office coverage.
  • The partnership allows UnionBank to deliver new digital features and solidify its reputation as a ‘digital-first’ bank.
  • Dennis Omila, EVP and Chief Technology and Operations Officer at UnionBank expresses alignment with NCR’s solution to modernize their self-service channel.
  • Magz Magbanua, SVP and Head of Corporate and Digital Operations believes NCR’s technology and expertise will unlock new value for customers as they expand their ATM network.
  • UnionBank has previously partnered with Avaloq and Metaco to promote its digital offerings.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company...

Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings

Strategic Acquisition: Amundi, Europe’s leading asset manager with...

Celero Commerce Acquires Precision Payments to Expand SME Payment Solutions

Acquisition Announcement: US fintech Celero Commerce has acquired...

Trust Payments Appoints Laurence Booth as New CEO to Drive Growth

Trust Payments, a leading London-based paytech company, has...

NatWest Partners with NCR Atleos to Modernize 5,500 ATMs

NatWest Group has expanded its collaboration with NCR...

Gate City Bank Partners with Alkami for Enhanced Digital Banking Solutions

Gate City Bank Embraces Alkami's Technology: North Dakota-based...

UK Government Unveils Strategy to Boost Financial Services Growth and Innovation

Driving Competitiveness in Finance: The new Labour government,...

Related Articles

Popular Categories

spot_imgspot_img