Global technology company NCR Corporation today unveiled its next-generation multi-function Automatic Teller Machine (ATM), which will help financial institutions reduce their operating costs.
The machine, NCR SelfServ 32, is designed to accept cheques without any envelope and is scalable to offer bulk cheque deposits and is in sync with the Reserve Bank of India's current initiative of getting banks' technology ready to offer cheque truncation.
"The introduction of NCR SelfServ ATM reflects a key NCR strategy to link the consumer experience across the ATM, the internet and mobility. Consumers want self-service banking to be convenient, easy to use, secure and always available when and where they want," NCR's managing director for India, Pradeep Sen told reporters here.
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