OceanFirst Bank turns to NCR for omnichannel banking

https://ncrvoyix.com/company/news/oceanfirst-bank-turns-to-ncr-for-omnichannel-banking

OceanFirst Bank turns to NCR for omnichannel banking

Adds advanced software and ATM technology to existing digital banking services with Digital Insight

DULUTH, Ga., January 14, 2014 – OceanFirst Bank, a $2.3 billion community bank serving central New Jersey, has chosen ATM software and hardware solutions from NCR Corporation (NYSE: NCR) in order to deliver an omnichannel banking experience. OceanFirst Bank’s online and mobile banking experience is provided by Digital Insight, the leading provider of digital banking services, which NCR acquired in January 2014.

“NCR clearly has a vision for the future of omnichannel experiences in banking,” said Joseph R. Iantosca, Executive Vice President and Chief Administrative Officer, OceanFirst Bank. “As we examined options for refreshing our ATM network, NCR stood out as an industry leader for deposit technology. Partnering with NCR provides OceanFirst Bank an exceptional resource to deliver extraordinary services to our customers while supporting our strategy to grow core deposits by utilizing more cost-effective channels than the traditional branch options. Also, having RMC ATM Solutions, an NCR provider, involved gives us the additional advantage of an in-market partner for the relationship. Finally, when we heard about NCR’s intended acquisition of Digital Insight, we saw the benefit to consolidating our channels with a single vendor that could deliver both digital banking and self-service technologies.”

OceanFirst Bank will install more than 20 NCR SelfServ ATMs with scalable deposit module (SDM). SDM allows bank customers to deposit cash and checks in a mixed bunch and as a single transaction to make deposits significantly twice as fast as typical ATM deposits. In addition, the bank will install NCR marketing software, including APTRA Connections, Promote and Exchange, to help personalize the ATM customer experience and deliver targeted promotions over the network.

“When we announced our acquisition of Digital Insight, we knew that many banks would see the value in delivering a holistic omnichannel experience to their customers,” said Brian Bailey, vice president of marketing and strategy, NCR Financial Services. “OceanFirst Bank sees the opportunity for banking channels to operate outside of existing silos, and NCR is uniquely positioned to deliver that type of experience.”

OceanFirst Bank is working with RMC ATM Solutions, an NCR solutions provider serving banks and credit unions throughout New York, New Jersey, Pennsylvania and Connecticut.

About 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 450 million transactions daily across the retail, financial, travel, hospitality, telecom and technology industries. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Georgia with over 26,000 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.com
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News Media Contact

Jeff Dudash
NCR Corporation
919.435.6976
jeff.dudash@ncr.com

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.

About NCR VOYIX, LLC

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.

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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

Michael Nelson
NCR Corporation
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michael.nelson@ncr.com

NCR Corporation and NCR VOYIX, LLC News Media Contact

Scott Sykes
NCR Corporation
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