Bradesco
(NYSE: BBDO), one of the largest financial institutions in Brazil, will
begin piloting new technology from NCR
Corporation (NYSE: NCR) in order to give customers immediate account
credit for cash deposits made at the ATM. The new technology from NCR,
the global leader in consumer transaction technologies, will eliminate
the use of envelopes for cash deposits, making Bradesco one of the first
financial institutions in Brazil to incorporate intelligent deposit into
its ATM channel.
Both account holders and non-account holders of the bank will benefit
from this new technology. Account holders will have the deposit amount
instantly credited into their accounts, even on weekends. Non-account
holders no longer need to go to a teller to deposit cash.
Bradesco began this pilot in June at its Bradesco Next branch in São
Paulo.
“With NCR’s technology, Bradesco takes the lead once again and
inaugurates this new service in Brazil,” said Elias Silva, vice
president of NCR Latin America and Caribbean. “Bradesco is consistently
a pioneer in using technology to deliver quality services throughout the
country.”
The ATMs specially developed by NCR for Bradesco have technology that
combines hardware produced in Brazil at the company's factory located in
the City of Manaus, State of Amazonas.
“Putting a stack of cash directly into an ATM, without using envelopes,
and crediting the amount online into the account makes sense for
clients’ lives. And that’s our goal: to improve our clients’ lives
through improved access to their financial needs,” said Luca Cavalcanti,
director of Digital Channels at Bradesco.
Bradesco and NCR also are working to extend real-time deposits to
checks, as well. This new model will help to reduce the waste of
envelopes used in ATM deposits, give customers dramatically improved
access to their funds, and decrease costs.
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 485 million transactions daily across
retail, financial, travel, hospitality, telecom and technology, and
small business. NCR solutions run the everyday transactions that make
your life easier.
NCR is headquartered in Duluth, Georgia with approximately 29,000
employees and does business in 180 countries. NCR is a trademark of NCR
Corporation in the United States and other countries.
Web sites:
www.ncr.com, www.ncrsilver.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation
About Bradesco
Bradesco is one of the biggest financial groups in Brazil, with a solid
actuation focused to the interests of its clients since 1943. Besides
service excellence, stands out for being one of the best fund managers
in the market, with results built on sustainable foundations.
With an efficient actuation model, focused in priority activities,
Bradesco Group acts in the main areas of financial segment, with
companies that stand out for their performance and results.
With more than 91,000 points of service, 78 million clients, 26 million
account holders, Bradesco was pointed as the 6th most valuable brand
bank in the world in 2011 in a survey conducted by Brand Finance
consultancy in partnership with the British magazine The Banker.
Copyright Business Wire 2014