Bank
of Ningbo has successfully gone live with a multi-vendor open ATM
software platform from NCR
Corporation (NYSE: NCR). The bank’s fleet of more than 500 ATMs are
running on NCR APTRATM Edge, a multi-vendor software
application, and the network has been migrated to be compliant with EMV1
(PBOC 2.02) card payment standards.
NCR has installed its Terminal Management Services solution, which
provides real-time remote monitoring and recovery ability to ensure the
ATM network’s availability and visibility. In addition, NCR has upgraded
Bank of Ningbo’s ATM network with a suite of security solutions,
including NCR Remote Key Management solution, Dynamic eLock Management
Platform, and SolidCore for APTRA security solution, which will help
improve security and ATM uptime.
Rather than reacting to known attacks as they arise, Solidcore for APTRA
is the only ATM software that proactively allows only authorised code to
run. Specifically, Solidcore for APTRA automatically creates and updates
the inventory of good code and limits the runtime environment to the
code in that inventory, or whitelist.
Bank of Ningbo turned to NCR for a total ATM management solution in
order to transform its self-service banking operation and customer
services. NCR immediately kicked off the project through detailed
testing and analysis of its multi-vendor ATM environment, and
implemented software to be shared among different vendors’ ATM
terminals. Within 10 months, NCR has successfully centralized and
secured its ATM platform, giving it consistent interfaces and improving
operational efficiency.
The Remote Key Management solution allows remote download and update of
the master key to ensure its security, as well as avoiding manual entry
of the master key on every ATM unit, which can save cost. The Dynamic
eLock Management restricts the access to ATM safe box by only authorized
users with an IC (“integrated chip”) smart key and one-time password
assigned, which eliminates security risks by unnecessary disseminate of
ATM key and password of traditional ATM locks.
“We are proud to transform Bank of Ningbo’s ATM network with NCR’s total
management solution in making their everyday life easier with a truly
open platform for new banking services development. We are looking
forward to work with Bank of Ningbo again for its next phase
development,” said Gary Miao, president of Financial Services, NCR
Greater China, “While we will continue to extend NCR’s global expertise
and capabilities in multi-vendor platform implementation to more
regional commercial banks.”
About Bank of Ningbo
Bank of Ningbo Co., Ltd was established on 10th April 1997, is a
shareholding commercial bank with the qualification of independent legal
person. On 19th July 2007, Bank of Ningbo was successfully listed in
Shenzhen Stock Exchange (stock code: 002142) as one of the city
commercial banks first listed at home. By the end of Jun. 2012, Bank of
Ningbo had owned 8 branches, respectively in Shanghai, Hangzhou,
Nanjing, Shenzhen, Suzhou, Wenzhou, Beijing and Wuxi, 1 head office
banking department and 148 sub-branches. Bank of Ningbo has been one of
the best commercial banks in China with the assets of high quality,
enhanced capabilities of profitability, high capital adequate ratio and
low non-performing loan ratio. It ranked 279 in the 2012 China Top 1000
Banks and 263 in the 2012 Top 500 Banking Brands selected by Banker (UK).
About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction
technologies, turning everyday interactions with businesses into
exceptional experiences. With its software, hardware, and portfolio of
services, NCR enables more than 300 million transactions daily across
the retail, financial, travel, hospitality, telecom and technology
industries. NCR solutions run the everyday transactions that make your
life easier.
NCR is headquartered in Duluth, Georgia with over 26,000 employees and
does business in 180 countries. NCR is a trademark of NCR Corporation in
the United States and other countries.
Web site: www.ncr.com
Twitter:
@NCRCorporation
Facebook:
www.facebook.com/ncrcorp
LinkedIn:
www.linkedin.com/company/ncr-corporation
YouTube:
www.youtube.com/user/ncrcorporation
1 The specifications define how smart cards are produced and
work and how end points, whether they are ATMs or POS terminals, need to
operate.
2 It refers to the “China Integrated Circuit Card Standard”
issued by the People’s Bank of China in 2005. The standard defines the
use of electronic purse, compatibility with EMV standard for
credit/debit cards. It provides the guidance and forms the base for
China’s smart card standard.
Copyright Business Wire 2013