NCR Corporation introduces its NCR SelfServ™ 80 Series to banks and financial institutions in Turkey

Duluth, Ga. / Istanbul, Turkey, 2017-Jun-01 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today (May 31, 2017) introduced its NCR SelfServ™ 80 Series to banks and financial institutions in Turkey. According to Retail Banking Research, NCR is the leading ATM manufacturer in Turkey with a 56 percent market share. With Turkey being one of the early adopters of multi-functional ATMs and video banking, NCR will build on this position with the new ATM family by helping financial institutions redefine the banking experience and changing the way consumers interact with the ATM forever.

Invented 50 years ago, the ATM remains one of the most sustained innovations in the financial industry. As more and more bank customers have embraced smartphones as well as digital and online banking, ATMs today have to adapt to this new consumer reality. The new ATMs are mobile ready and feature a large, 19-inch multi-touch display, where consumers can swipe, pinch and zoom their way quickly through transactions.

“Recent research revealed that 74 percent of the population in Turkey said that they would never go completely cashless,” said Diego Navarrete, Vice President Europe for Financial Services at NCR. “So the ATM is the ideal touchpoint to integrate physical and digital banking channels to create the connected experience that customers are looking for today. With Turkey expected to increase the installed base of ATMs by 25 percent by 2021, our new ATM family is suited perfectly to fill this demand.”

The modern design comes with fully customizable, color-coded media entry and exit indicators. Additionally, a unique 10-cassette cash dispense capability lowers cash replenishment costs. Paired with NCR’s CxBanking software suite, the NCR SelfServ 80 series unlocks amazing customer experiences across physical and digital banking channels.

The NCR SelfServ 80 Series, which was recognized as an International Design Excellence Awards 2016 finalist, is available this year in the US, Canada, UK, Germany, France, Italy, Spain, the Netherlands and Poland as well as selected countries in Eastern Europe, and will continue to be rolled out globally in 2017-2018. Please contact NCR Sales for pricing information and details on local availability.

For additional materials including high-resolution product images, whitepapers, FAQs, please click here. To download the NCR SelfServ 80 Series application on iOS, click here.

About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 700 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, Ga., 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.

Web sites: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

News Media Contacts:
Ortrud Wenzel
NCR Public Relations
+49 821 405 8191
ortrud.wenzel@ncr.com

Source: NCR Corporation

RILA and NRF oppose the attempt of banks and credit card companies to convince SCOTUS to reinstate unfair settlement terms of MDL1720

Arlington , VA, 2017-Feb-23 — /EPR Retail News/ — Today (2/22/2017), the Retail Industry Leaders Association (RILA) and National Retail Federation (NRF) filed a joint brief opposing the attempt of large banks and credit card companies to convince the U.S. Supreme Court to reinstate the unfair settlement terms of MDL1720 – the lawsuit challenging the anti-competitive behavior of major financial services industry players in setting credit card fees. The case is captioned “Photos, Etc. Corp, et al. v. Home Depot U.S.A., Inc., et al.”

The Second Circuit vacated the MDL1720 settlement after finding that the settlement was developed by conflicted counsel and granted the banks and card networks “permanent immunity” from scrutiny of their anti-competitive practices. In their request for an appeal of the lower court’s decision, the proponents of the settlement claimed to speak for the merchant community.

In the brief filed today, RILA and NRF, the trade associations that actually represent the retail community on a day-to-day basis, explained that the merchant community broadly opposes the settlement and are, in fact, “united in the view that this deal is a bad one, unworthy of resuscitation.”

“Merchants and consumers continue to suffer from the anti-competitive practices of banks and card networks. The plaintiffs’ suggestion that they represent the interests of the broader merchant community defies common sense given the unprecedented level of merchant objection expressed at the Second Circuit and in today’s brief.The Supreme Court should not grant certiorari in this case but, instead, should allow the Second Circuit’s decision to stand, thereby providing the potential for a more reasonable outcome for all parties,” said Deborah White, RILA senior executive vice president and general counsel.

According to the brief:

“Vacating this settlement and correcting the structural flaws that led to it in the first place may allow the parties to go back to the drawing board to reach a settlement with terms that are more fair.”

“Faced with the choice between a “confiscat[ory]” release that “permanently immunizes” defendants’ anti-competitive conduct and no settlement at all—thereby preserving merchants’ future right to pursue these claims— merchants prefer the latter, further demonstrating why certiorari should not be granted.”

The brief concludes:

“For the reasons stated above and in Merchant Respondents’ Brief in Opposition, the petition for a writ of certiorari should be denied.”

The full brief, drafted by Debra L. Greenberger and Andrew G. Celli, Jr. of Emery Celli Brinckerhoff & Abady, LLP, can be read here.

RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.

Contact:

Christin Fernandez
Vice President, Communications
Phone: 703-600-2039
Email: Christin.fernandez@rila.org

Source: RILA

RILA applauds state attorneys general’s letter to America’s largest banks and card networks urging the adoption of chip and PIN technology

Arlington , VA, 2015-11-18 — /EPR Retail News/ — ​​​The Retail Industry Leaders Association (RILA) issued the following statement after nine state attorneys general sent a letter to the CEOs of America’s largest banks and card networks urging the adoption of chip and PIN technology in the United States. In the letter, state AGs rebut a number of misleading arguments and excuses that banks and card networks have made in recent months regarding their unwillingness to implement Chip and PIN.

Brian Dodge, RILA’s executive vice president for communications & strategic initiatives, echoed the arguments made by the nation’s leading consumer protection advocates and urged all law enforcement officials concerned with fighting card fraud to join the chorus of elected officials and policymakers demanding that America’s credit card issuers implement Chip and PIN.

“The two-factor authentication offered by Chip and PIN is the gold standard in nearly every other industrialized nation in the world.  There simply is no honest explanation for banks to refuse to provide American’s with the same credit card security offered in Canada and Europe.

“Chip and PIN is the best available technology for widespread use today, and it’s time for banks and card networks to meet the investment being made by retailers to install new payment terminals with credit cards that are proven to prevent all forms of fraud.”

The letter from state AGs comes on the heels of comments made by FBI director James Comey and Federal Reserve Board Governor Jerome Powell in support of moving beyond signatures to secure American card payments.

FBI Director James Comey: “The experts at the FBI would say that PIN and chip is more secure than [chip] and signature.” [Source]

Federal Reserve Board Governor Jerome Powell: “The deployment of EMV chip cards in the United States represents an important step forward. But we should not stop there,” he said. “New approaches to authentication increasingly offer greater assurance and protection. Given the current technologies that we have at our disposal, we should assess the continued use of signatures as a means of authenticating card transactions.” [Source]

RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.

###

Jason Brewer
Senior Vice President, Communications & Advocacy
Phone: 703-600-2050
Email: jason.brewer@rila.org

SOURCE: Retail Industry Leaders Association