BMO’s New ATMs Will Bring Faster and More Intuitive Banking Experience for Customers

BMO’s New ATMs Will Bring Faster and More Intuitive Banking Experience for Customers

TORONTO, November 10, 2014 – BMO Bank of Montreal announced today plans to enhance its network of 2,200 ATMs, providing customers with intelligent-deposit touch screens, and enabling multi-deposit transactions, and scanned cheques and notes to be viewed on screen and printed on transaction receipts.

The new technology initiative with NCR (NYSE: NCR), the global leader in consumer transaction technologies, is built on the NCR Cx Banking software platform and includes:

  • SDM (Scalable Deposit Module) technology that will allow customers to deposit five bank notes and two cheques in less than 60 seconds

  • Single slot deposits that will accept both cash and cheques simultaneously
  • Storage capacity of 2,000 notes and 1,600 cheques
  • Dynamic Deskew, a feature allowing cheques and notes to be straightened to a avoid stopping or slowing down
  • High quality image processing, allowing scanned cheques and notes to be viewed on screen and printed on the transaction receipt

“Our ATM network ranks among the most popular method of daily banking for customers,” said Steven Nowaczyk, Head of North American ATM Channel, BMO Financial Group. “The new ATMs will give our customers enhanced convenience, security and performance, making the process intuitive, faster and more dependable.”

“NCR technology is the industry standard when it comes to making banking faster, more convenient and personal, but also in keeping backend systems running at their peak performance, which is essential to a consistent customer experience," said Scott Hackl, vice president, NCR Financial Services.

The new ATMs will begin to be installed in locations across Ontario in Summer 2015.

About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization based in North America. The bank offers a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers. BMO Financial Group had more than $586 billion in total assets and approximately 47,000 employees at July 31, 2014.

NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables more than 485 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR is headquartered in Duluth, Georgia with approximately 29,000 employees and does business in 180 countries.

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Twitter: @NCRCorporation

Media Contacts:
Kathleen Savage, Toronto,, (416) 867-3996
Valérie Doucet, Montréal,, (514) 877-8224
Jeff Dudash, NCR Corporation,, (770) 212-5091

Twitter: @BMOmedia

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leader in transforming, connecting, and running technology platforms for self-directed banking, stores, and restaurants. NCR is headquartered in Atlanta, Georgia, with 35,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.


NCR VOYIX Corporation (NYSE: VYX) is a leading global provider of digital commerce solutions for the retail, restaurant and digital banking industries. NCR VOYIX transforms retail stores, restaurant systems and digital banking experiences with comprehensive, platform-led SaaS and services capabilities. NCR VOYIX is headquartered in Atlanta, Georgia, with approximately 16,000 employees in 35 countries across the globe.

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking statements. Forward-looking statements use words such as “expect,” “anticipate,” “outlook,” “intend,” “plan,” “confident,” “believe,” “will,” “should,” “would,” “potential,” “positioning,” “proposed,” “planned,” “objective,” “likely,” “could,” “may,” and words of similar meaning, as well as other words or expressions referencing future events, conditions or circumstances. Statements that describe or relate to NCR’s or NCR VOYIX’s plans, goals, intentions, strategies, financial outlook, NCR’s or NCR VOYIX’s expectations regarding the Spin-Off, NCR’s or NCR VOYIX’s intention to consummate the offering and issue the Notes or the intended use of proceeds from the offering of the Notes and enter into the new senior secured credit facilities, and statements that do not relate to historical or current fact, are examples of forward-looking statements. Forward-looking statements are based on our current beliefs, expectations and assumptions, which may not prove to be accurate, and involve a number of known and unknown risks and uncertainties, many of which are out of the NCR’s and NCR VOYIX’s control. Forward-looking statements are not guarantees of future performance, and there are a number of important factors that could cause actual outcomes and results to differ materially from the results contemplated by such forward-looking statements. Additional information concerning these and other factors can be found in NCR and NCR VOYIX’s filings with the U.S. Securities and Exchange Commission, including NCR’s most recent annual report on Form 10-K, most recent quarterly report on Form 10-Q and current reports on Form 8-K and NCR VOYIX’s registration statement on Form 10, most recent quarterly report on Form 10-Q and current reports on Form 8-K. Any forward-looking statement speaks only as of the date on which it is made. Neither NCR nor NCR VOYIX undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

NCR Corporation Investor Contact

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NCR Corporation

NCR Corporation and NCR VOYIX, LLC News Media Contact

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NCR Corporation