News : Wells Fargo and NCR Collaborate to Drive Retail Banking Innovation
Duluth, GA, USA, July 20, 2016 -- NCR Corporation (NYSE: NCR) announced a collaboration agreement with Wells Fargo (NYSE: WFC) to drive consumer innovation and reinvent self-service technology in Wells Fargo’s retail stores.
As part of the agreement, NCR and Wells Fargo will establish a team, focused on research and development in ATM and retail banking customer experience, to create technology that drives customer engagement.
"Aligning our development strategy with NCR allows us to shape the future of technology in our stores and ATMs to benefit Wells Fargo customers," said Jonathan Velline, head of ATM Banking and Store Strategy for Wells Fargo. "We have a long history of innovation, and we expect this collaboration with NCR to add to our legacy, deliver the next generation of technology in our physical channels and further enhance customer experience."
"Wells Fargo is one of the most innovative banks globally, and our work with them has created breakthroughs in amazing, personalized customer experiences," said Bill Nuti, Chairman and CEO, NCR Corporation. "In addition, Wells Fargo will have access to our global innovation community, customer engineers and executive leadership to provide support in Wells Fargo’s lab. Through this relationship, we’ll work hand-in-hand to drive market-leading efficiencies, greater solution quality and improved speed-to-market."
Posted by Veronica Silva Cusi, news correspondent
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About NCR Corporation:
NCR Corporation a provider of 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.
About Wells Fargo:
Wells Fargo & Company (NYSE: WFC) is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 Wells Fargo and Wachovia stores, 12,000 Wells Fargo and Wachovia ATMs, the internet and other distribution channels across North America and internationally.
Published: Friday, July 22, 2016