The new technology, which uses Symstream’s wireless modem technology, will enable reliable and fast data transfer through ATMs.
Mark Gamon, sales and marketing director for Symstream, said: The integration of Symstream with NCR’s ATM will provide the market with a faster ‘one-stop shop’ approach to what has, historically, been a complex and difficult solution to provide. Leveraging NCR’s multi-function ATM technology capabilities and its distribution strength, combined with our world-leading wireless technology, we are confident to overcome the many barriers-to-entry in developing countries.
Manjunath Rao, country manager of sales for NCR’s financial solution division, said: This alliance represents a further strengthening of NCR’s strategy to develop complete end-to-end solutions, moving away from selling stand-alone products. With this particular solution, we have found a partner with technology capabilities that seamlessly integrate with our products and allow us to offer mobility to ATMs, which is a key enabler for banks in India to reach the unbanked population in rural areas.
