Bank of China selects NCR to support ATM software app development

BEIJING, CHINA: NCR Corporation today announced that it has been awarded professional service contracts from Bank of China to develop new automated teller machine ("ATM") applications running on the bank's multivendor software platform, NCR APTRA Edge, to support the bank's initiative in implementing paperless ATM transaction flow and its Financial Integrated Circuit Card ("IC") 5.0 project.

The Bank of China's ATM network went live with the NCR APTRA Edge platform last year and most applications on its ATM network have completed the initial phase migration process to be compliant with EMV1 (PBOC 2.02) standards.

As part of the project, NCR will provide software application development, system analysis, support services and related training programs.

"The newly signed contracts have proven that NCR APTRA Edge has offered Bank of China a truly stable and open platform for providing unlimited application development productivity, making their customers everyday transaction easier," said Gary Miao, president of NCR Greater China for financial services.

"We are excited in winning the trust again from BOC for our professional services team's software skills and service expertise, which has reflected our success in executing our strategy in building our software and services capabilities in a fast growing market like China," added Miao.

In line with the new market demand for smart cards, Bank of China also is kicking off a Financial IC Card 5.0 project to enhance its IC card product features and business process.

The ATM paperless transaction flow project aims to reduce operating costs and improve ATM service availability. The traditional ATM transaction journal printing in paper will be replaced by paperless, electronically generated transaction journals.

The project will eliminate the maintenance cost of changing journal paper rolls as well as the cost of paper. ATM service availability can be increased without having to suspend the services whenever the machine is out of transaction journal paper.