Certification of CONNEX(TM) software extends global reach, marketing of new technology
NCR Corporation (NYSE: NCR), the world's leading supplier of self-service solutions, and eFunds Corporation (Nasdaq: EFDS), a leading provider of electronic payment, risk management and related professional services, today announced they will further extend the reach of NCR's advanced deposit technology. The new technology enables the ATM user to deposit cash or checks without an envelope, thereby increasing customer convenience and decreasing processing costs incurred by the financial institution.NCR has certified eFunds Corporation's CONNEX(TM) software solution to support cash acceptance and check deposit functions using NCR's APTRA(TM) software. CONNEX is an electronic funds transfer (EFT) processing solution which processes over 15 billion transactions worldwide annually.
"eFunds is excited to enhance the CONNEX platform to support NCR's APTRA and advanced deposit modules," said Hugh Gallagher, vice president, Payment Solutions, EFT Product Development, eFunds Corporation. "We see strong demand for this offer in the international marketplace, which is why we believe our relationship with NCR is invaluable. We can leverage both their #1 global position and the capability of driving the transaction through Microsoft(R) Windows(R) NT or XP."
Andy Orent, NCR vice president of global sales and services, said, "We believe eFunds is uniquely positioned to capture a large share of the deposit marketplace through this extension of both our offerings. eFunds can provide advanced deposit technology as an in-house solution on CONNEX or as a data center solution."
About eFunds
eFunds Corporation (Nasdaq: EFDS), delivers innovative, reliable and cost- effective technology solutions to meet its customers' payment and risk management, e-commerce and business process improvement needs. eFunds provides its services to financial institutions, financial services companies, electronic funds networks, retailers, government agencies, e-commerce providers and other companies around the world. For more information, visit www.efunds.com .
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in providing Relationship Technology(TM) solutions to customers worldwide. NCR's Relationship Technology solutions include the Teradata(R) database and analytical applications such as customer relationship management (CRM) and demand chain management, store automation systems and automated teller machines (ATMs). The company's business solutions are built on the foundation of its long- established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and leading edge hardware technology. NCR employs 32,900 in more than 100 countries, and is a component stock of the Standard & Poor's 500 Index. More information about NCR and its solutions may be found at www.ncr.com .
NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.
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SOURCE NCR Corporation
CONTACT: Lorraine Russell of NCR Corporation - Dayton, OH,
+1-937-445-3784, or On-Site Phone, +1-937-974-0933, or
lorraine.russell@ncr.com, or Wynne Evans of NCR Corporation - London,
+44-20-7725-8997, or wynne.evans@ncr.com
URL: http://www.efunds.com
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