Redstone Federal Credit Union Expands Partnership with NCR Corporation to Enhance Business Banking

https://ncrvoyix.com/company/news/redstone-federal-credit-union-expands-partnership-with-ncr-corporation-to-enhance-business-banking

Redstone Federal Credit Union Expands Partnership with NCR Corporation to Enhance Business Banking

ATLANTA – March 10, 2021 – NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that $6.2 billion-asset Redstone Federal Credit Union has selected NCR to provide a more seamless, comprehensive business banking experience for its members.

Redstone FCU successfully leveraged the NCR DI platform for consumers for years, delivering a digital banking experience that has consistently yielded strong adoption rates and top App Store ratings. The credit union sought to provide an equally robust and intuitive experience to businesses, and ultimately selected NCR for business banking because of its modern look and feel and efficiencies of operating a single platform.

“We have seen an uptick in online transactions and activity from business members since the pandemic’s onset, and we only expect this trend to accelerate,” said Terri Bentley, senior vice president and chief information officer, Redstone FCU. “With NCR, we are gaining a business banking platform that is simple, convenient and secure. We have enjoyed a strong, longstanding partnership with NCR, and we expect their business banking platform to help us deliver the tools and services that business members need to better and more easily manage their finances.”

Redstone FCU also partnered with NCR for Interactive Teller Machines (ITMs) for several years and recently increased the number in their network. The credit union will have more than 130 ITMs running by the end of the year, enabling members to access traditional branch-based services via self-service, video banking technology.

“Leveraging business and consumer banking on a single platform creates efficiencies for the institution as well as consistency and convenience for members,” said Douglas Brown, senior vice president and general manager, Digital Banking, NCR Corporation. “We look forward to transforming Redstone FCU’s business banking experience, an area that will become increasingly critical for their members in 2021 and beyond.”

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leading software- and services-led enterprise provider in the financial, retail and hospitality industries. NCR is headquartered in Atlanta, Ga., with 36,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.

Web site: www.ncr.com
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Media Contact
Scott Sykes
NCR Corporation
212-589-8428
scott.sykes@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.

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

Michael Nelson
NCR Corporation
678-808-6995
michael.nelson@ncr.com

NCR Corporation and NCR VOYIX, LLC News Media Contact

Scott Sykes
NCR Corporation
scott.sykes@ncr.com