Helps financial institutions decrease risk and increase consumer
satisfaction with improved transparency and automation
NCR Corporation (NYSE: NCR), the global leader in consumer transaction
technologies, today introduced new software to help financial
institutions reconcile their cash transactions and replenishments across
their self-service device network. NCR Reconciliation, highly flexible
data reconciliation software, automates the daily balancing activities
of the ATM cash network, helping banks and credit unions improve
operational performance and reduce risk.
Through automation and cross-check of data sources, NCR Reconciliation
helps banks ensure they are promptly returning funds owed to consumers,
which safeguards the bank and supports a positive consumer experience.
The powerful reconciliation engine quickly loads, validates, and matches
transactions and identifies unreconciled (unmatched) transactions for
research and resolution, typically the most time consuming exercise of
daily ATM balancing activity. NCR Reconciliation is fully integrated
with NCR’s Channel Management suite and is deployed as part of the same
web-based user interface.
With NCR ATM Reconciliation, the user can access the consolidated data
through a central user interface and easily review the unmatched
transactions. It reduces process time and error, which makes the cash
reconciliation process much more efficient, cost-effective and risk
adverse.
“Reducing risk and cost while enhancing the consumer experience are key
objectives for any financial institution in today’s self-service
environment,” said Eric Malone, General Manager, Systems Management
Software, NCR Financial Services. “NCR Reconciliation will help support
those goals by systematically performing ATM cash reconciliation, making
it easy to identify discrepancies and eliminating manual, time consuming
reconciliation activities.”
Learn more about NCR Reconciliation by visiting the product page here.
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 550 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 over 30,000 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
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation
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