We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
NCR Inks Deal to Enhance OnPath FCU's Digital Banking Experience
Read MoreHide Full Article
NCR Corporation recently announced a partnership with OnPath Federal Credit Union, to provide the NCR DI platform to enhance the digital banking experience for the latter’s members and consumers. Notably, the partnership will help NCR extend its reach to OnPath’s 64,000+ members.
The NCR DI platform boasts of strong marketing capabilities that will allow OnPath to make more relevant, personalized and timely offers and enhance customer and member engagement. By leveraging NCR’s platform, OnPath will be able to boost operational efficiencies by delivering stronger consumer and business banking on a single platform.
The era of rapid digital transformation across industries has increased the importance of digital engagement to strengthen customer loyalty, retention and growth, increase profitability, and fortify the competitive position.
Partnerships & Acquisitions to Strengthen Banking Business
The company’s Digital Banking Solution is witnessing solid momentum. In the last reported quarter, NCR’s Digital banking’s registered users grew 12% year over year. Moreover, the company’s services are implemented by 650 banks and credit unions.
Earlier this month, NCR was selected to provide its digital banking expertise to Redstone Federal Credit Union.
Further, in December last year, NCR’s Digital First Banking platform, including its Channel Services Platform and NCR D3 Digital Banking solutions, was selected by Wintrust Financial Corporation (WTFC - Free Report) .
Again, in October last year, First Horizon Bank migrated its clients to the NCR D3 platform to enhance their digital banking experience. The bank is also using the NCR D3 platform to help small businesses better manage their financial health.
Moreover, NCR has made a few acquisitions to advance its Banking business. On Feb 8, NCR acquired customer account opening and onboarding solutions provider, Terafina, to expand its Digital First Banking platform.
Further, in January this year, the company acquired Cardtronics to drive the acceleration of the NCR-as-a-service strategy. Cardtronics’ strong debit network is expected to further expand NCR’s payments platform and help it connect to retail and bank customers, thereby aiding customer acquisition.
NCR significantly benefits from the ongoing digital transformation across the banking industry, which has accelerated due to the global pandemic. This has increased demand for digital banking solutions across banks and financial institutions.
The long-term earnings growth rate for Skyworks Solutions and Ubiquiti are currently pegged at 18.98% and 32.94%, respectively.
Bitcoin, Like the Internet Itself, Could Change Everything
Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.
Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.
Image: Bigstock
NCR Inks Deal to Enhance OnPath FCU's Digital Banking Experience
NCR Corporation recently announced a partnership with OnPath Federal Credit Union, to provide the NCR DI platform to enhance the digital banking experience for the latter’s members and consumers. Notably, the partnership will help NCR extend its reach to OnPath’s 64,000+ members.
The NCR DI platform boasts of strong marketing capabilities that will allow OnPath to make more relevant, personalized and timely offers and enhance customer and member engagement. By leveraging NCR’s platform, OnPath will be able to boost operational efficiencies by delivering stronger consumer and business banking on a single platform.
The era of rapid digital transformation across industries has increased the importance of digital engagement to strengthen customer loyalty, retention and growth, increase profitability, and fortify the competitive position.
NCR Corporation Price and Consensus
NCR Corporation price-consensus-chart | NCR Corporation Quote
Partnerships & Acquisitions to Strengthen Banking Business
The company’s Digital Banking Solution is witnessing solid momentum. In the last reported quarter, NCR’s Digital banking’s registered users grew 12% year over year. Moreover, the company’s services are implemented by 650 banks and credit unions.
Earlier this month, NCR was selected to provide its digital banking expertise to Redstone Federal Credit Union.
Further, in December last year, NCR’s Digital First Banking platform, including its Channel Services Platform and NCR D3 Digital Banking solutions, was selected by Wintrust Financial Corporation (WTFC - Free Report) .
Again, in October last year, First Horizon Bank migrated its clients to the NCR D3 platform to enhance their digital banking experience. The bank is also using the NCR D3 platform to help small businesses better manage their financial health.
Moreover, NCR has made a few acquisitions to advance its Banking business. On Feb 8, NCR acquired customer account opening and onboarding solutions provider, Terafina, to expand its Digital First Banking platform.
Further, in January this year, the company acquired Cardtronics to drive the acceleration of the NCR-as-a-service strategy. Cardtronics’ strong debit network is expected to further expand NCR’s payments platform and help it connect to retail and bank customers, thereby aiding customer acquisition.
NCR significantly benefits from the ongoing digital transformation across the banking industry, which has accelerated due to the global pandemic. This has increased demand for digital banking solutions across banks and financial institutions.
Zacks Rank & Stocks to Consider
NCR currently carries a Zacks Rank #3 (Hold).
A few better-ranked stocks in the broader technology sector are Skyworks Solutions (SWKS - Free Report) and Ubiquiti Inc. (UI - Free Report) , each sporting a Zacks Rank #1 (Strong Buy), at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The long-term earnings growth rate for Skyworks Solutions and Ubiquiti are currently pegged at 18.98% and 32.94%, respectively.
Bitcoin, Like the Internet Itself, Could Change Everything
Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.
Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.
See 3 crypto-related stocks now >>