Oman Arab Bank to Defend its Customers Against Malware and Skimming Attacks with NCR Security Solutions
NCR Solidcore Suite for APTRA and Anti-Skimming SPS technology will help proactively counter fraud and secure the banking channels from potential points of compromise to deliver trusted and secure banking interface
MUSCAT, Oman, September 08, 2015 – NCR Corporation, (NYSE: NCR), the global leader in consumer transaction technologies, today announced that Oman Arab Bank – one of Oman’s leading banks – has selected NCR Solidcore Suite for APTRA and NCR Skimming Protection Solution (SPS) technology to secure its ATM channel and enable the bank to offer a trusted and secure banking environment to increase customer loyalty and experience.
NCR Solidcore Suite for APTRA is the most comprehensive ATM whitelisting software, which proactively protects ATMs from insider attacks by preventing the introduction of unauthorized code on the network and maintaining its integrity and availability.
“OAB aims to be a trusted and responsible retail bank in Oman by enhancing its customer experiences across its branch and digital banking channels to offer next generation of customer interaction technologies,” said Fahd Amjad, GM Retail Banking at OAB. “We are committed to lead and revolutionize our physical and digital banking services in the country to provide our customers with innovative, convenient and secure digital banking services. By investing in NCR’s latest and innovative security technology, we are taking a right step in this direction.”
NCR built SPS software to enable its random, multiple-jamming hardware module to block criminal “listening” devices from capturing card data. This means that even the smallest skimming devices won’t be able to capture card data. NCR SPS technology will not only thwart skimming activities but will notify Oman Arab Bank of an attack in real time. The new technology also prohibits criminals from tampering or removing the original ATM bezel and helps promptly detect fraudulent devices.
"NCR has a long standing association with Oman Arab Bank on its journey to offer the most innovative and secure digital banking platform to enahnce customer experience. We are excited to further this relationship with the bank to help build a trusted and secure banking environment that will increase customer loyalty, improve operational efficiency and deliver exceptional interactions,” said Habib Hanna, managing director NCR for South Gulf and Pakistan.
“Our extensive suite of security solutions will ensure OAB customers to complete their transactions in a convenient and secure way,” said Osama Awad, country manager, NCR Corporation in Oman.
OAB has recently been the first bank in Oman to deploy NCR APTRA™ Activate software to deliver next generation omni-channel banking experience.
About Oman Arab Bank
In Oct 1984, Oman Arab Bank acquired the branches of Arab Bank which were operating in Oman since 1973 with Oman International Development & Investment Company (OMINVEST) owning 51% of the shares of the new bank and Arab Bank owning 49% with management control. This marked the birth of a local bank with an international presence.
The bank provides a range of products and services in retail banking, corporate and project finance, investment banking, and trade finance.
OAB has consistently earned one of the highest returns on equity for the last 25 years with an average of over 20% per annum, one of the highest in the banking industry
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 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.
NCR is headquartered in Duluth, Georgia with approximately 29,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.
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Media Contact
Rakesh Aulaya
NCR Corporation
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rakesh.aulaya@ncr.com
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.
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NCR Corporation
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NCR Corporation
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