Oman Arab Bank Introduces NFC and Transaction Personalization Options for Faster ATM Withdrawals
April 29 2019 - 02:00AM
Business Wire
NCR’s innovative technologies will help the
bank converge physical and digital channels and reduce operating
costs
NCR Corporation (NYSE: NCR), a global enterprise technology
company for the financial industry, today announced that Oman Arab
Bank (OAB) is the first bank in Oman to deploy Near Field
Communications (NFC) contactless card-reading technology. The
introduction of NFC contactless technology means OAB customers can
make transactions 15 percent faster and more secure and spend less
time in queues.
Oman Arab Bank’s customers can tap their ATM card to initiate
transactions, making them faster and more secure. OAB will also
leverage NCR’s ATM software to introduce a new ‘favorite
transaction’ personalization feature that allows customers to tag
transactions as favorites, so the next time they can execute the
same transaction quickly and easily.
“Differentiating through innovative and seamless banking
services for our customers remains a key strategy for us. Being the
first to introduce NFC technology in the country reiterates our
commitment,” said Fahd Bin Amjad, GM, Retail Banking at OAB. “We
see correlations between innovative services and improved customer
satisfaction scores, so we’ve partnered with NCR because of its
track record delivering exceptional ATM experiences.”
OAB recently began using NCR’s Activate software to help
integrate its self-service channel with the rest of its digital
infrastructure.
“NCR is strategically positioned to help our customers compete
in the evolving digital world and we are thrilled to work with OAB
as it introduces NFC technology in Oman to create exceptional
banking experiences for its customers,” said Hussam Zahdeh, area
vice president for Saudi and Gulf, NCR Banking. “By deploying
Activate, OAB is taking a big step towards bridging the physical
and digital world to enable future growth strategies and transform
transactions into interactions that matter.”
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading software- and
services-led enterprise provider in the financial, retail,
hospitality, telecom and technology industries. NCR is
headquartered in Atlanta, Ga., with 34,000 employees and does
business in 180 countries. NCR is a trademark of NCR Corporation in
the United States and other countries.
Web site: www.ncr.comTwitter: @NCRCorporationFacebook:
www.facebook.com/ncrcorpLinkedIn:
www.linkedin.com/company/ncr-corporationYouTube:
www.youtube.com/user/ncrcorporation
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version on businesswire.com: https://www.businesswire.com/news/home/20190428005020/en/
MediaRakesh AulayaNCR Corporation+91 22 61 954
583rakesh.aulaya@ncr.com
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