Vantiv certifies NCR APTRA multivendor ATM software, allowing U.S.
deployers to consolidate on a single ATM software infrastructure across
their self-service fleets
DULUTH, Ga.--(BUSINESS WIRE)--Oct. 3, 2012--
Multivendor software took its next step toward universal availability to
U.S. financial institutions today with Vantiv’s (NYSE: VNTV)
certification of NCR Corporation’s multivendor ATM software on its
network. NCR (NYSE: NCR) is the worldwide leader in multivendor ATM
software.
Vantiv is a leading provider of payment processing services and related
technology solutions for merchants and financial institutions of all
sizes and is based in Cincinnati, Ohio. Vantiv’s network drives more
than 12,000 ATMs for financial institutions across the U.S., many of
whom operate mixed-vendor fleets comprised of ATMs from NCR and other
manufacturers. While Vantiv has supported NCR APTRA Edge software for
several years, certification of APTRA Edge for multivendor environments
will help financial institutions of all sizes reap the benefits of a
single software platform.
“Momentum for multivendor ATM software has been building for several
years, and network support is critical to ongoing growth,” said Nicole
Sturgill, CEB TowerGroup research director. “As more banks adopt
multivendor environments to improve the customer experience and create
operating efficiencies, we expect more networks to support multivendor
ATM software.”
Consolidating on a single software application enables financial
institutions to project a consistent and rich consumer experience across
their self-service networks. In addition, a multivendor environment
helps financial institutions streamline their development and support
operations by not having to maintain and enhance multiple, separate
delivery infrastructures for each new function or service that they
offer. The country’s largest financial institutions have enjoyed the
benefits of multivendor ATM software for years. However, according to
NCR estimates, only one percent of U.S. financial institutions with less
than $50 billion in assets have installed multivendor software
applications. Vantiv’s customers now will be able to take advantage of
this growing trend.
“Vantiv, through its single integrated processing platform provides its
partners with industry leading innovative solutions. We are pleased that
we can offer the capabilities and robustness of APTRA Edge as part of
our suite of ATM solutions to our valued customers who deploy non-NCR
ATMs,” said Chuck Gidaro, vice president, ATM Channel Management at
Vantiv. “As a leading ATM network processor, this enables financial
institutions with split ATM hardware the ability to run one version of
software on all of their ATMs, while maintaining continuity within their
fleet of hardware. Features, functionality, training, and enhanced
offerings can all be deployed without the worry about doing it multiple
times for the different versions of software.”
With NCR’s multivendor APTRA ATM application, Vantiv will be able to
offer ATM deployers a streamlined ATM software environment through
“Software Choice”, consisting of configuration management, remote key
downloading, and complete ATM management to both NCR and its
competitor’s hardware, all on a single software application package.
“Our APTRA Edge ATM application has repeatedly proven itself as the
best-in-class advanced self-service application available in the
industry. It allows ATM deployers to offer an outstanding set of
advanced functions, while setting the bar for manageability, performance
and security,” said Michael O’Laughlin, senior vice president, NCR
Financial Services. “We are seeing an increasing desire for financial
institutions of all sizes to deploy these advanced functions, while
streamlining their delivery infrastructure on a single ATM application
across their fleets. With this certification, we can open up those
multivendor possibilities for customers across Vantiv’s network.”
Research published by Banking Research (RBR) shows that NCR is
the world’s largest supplier of multivendor ATM middleware and
applications. Most notably, substantially more financial institutions in
North America rely on NCR’s APTRATM software suite than the
next three providers combined, and RBR also finds that NCR holds market
share leads in Western Europe and Latin America. NCR has been the
worldwide leader in ATM hardware for 25 consecutive years.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a global technology company leading how
the world connects, interacts and transacts with business. NCR’s
assisted- and self-service solutions and comprehensive support services
address the needs of retail, financial, travel, healthcare, hospitality,
gaming, public sector, telecom carrier and equipment organizations in
more than 100 countries. NCR (www.ncr.com)
is headquartered in Duluth, Georgia.
Follow us on Twitter: @NCRCorporation and @careersatncr
Like us on Facebook: http://www.facebook.com/ncrcorp
Connect with us on LinkedIn: http://linkd.in/ncrgroup
Watch us on YouTube: www.youtube.com/user/ncrcorporation
About Vantiv, Inc.
Vantiv, Inc. (NYSE: VNTV), is a leading, integrated payment processor
differentiated by a single, proprietary technology platform. Vantiv
offers a comprehensive suite of traditional and innovative payment
processing and technology solutions to merchants and financial
institutions of all sizes in the U.S., enabling them to address their
payment processing needs through a single provider. We build strong
relationships with our customers, helping them become more efficient,
more secure and more successful. Vantiv is the third largest merchant
acquirer and the largest PIN debit acquirer based on number of
transactions in the U.S. The company’s growth strategy includes
expanding further into high growth payment segments, such as prepaid,
ecommerce, mobile and information solutions, and attractive industry
verticals, such as business-to-business, government, healthcare and
education. For more information, visit www.vantiv.com.
NCR is a trademark of NCR Corporation in the United States and other
countries.
Source: NCR Corporation
NCR Corporation
Jeff Dudash, 919-435-6976
jeff.dudash@ncr.com
or
Vantiv
Lynn
M. Rhoads, 513-900-4942
Lynn.rhoads@vantiv.com