Seacoast Bank strikes deal with NCR for ATM-as-a-Service solution

Florida-headquartered Seacoast Bank has partnered with NCR Corporation to use their ATM-as-a-Service (ATMaaS) solution, allowing the bank to outsource ATM management, reduce capital expenditure, and improve customer service through broader ATM access.

Facts

  • Seacoast Bank has chosen NCR’s ATMaaS solution to externalize ATM management and maintenance.
  • By adopting this solution, Seacoast Bank can reduce capital expenditure and enhance efficiencies, leading to improved customer service in the self-service channel.
  • Seacoast Bank has joined NCR’s Allpoint Network, providing its customers access to 40,000 surcharge-free ATMs across the US.
  • Access to ATMs becomes particularly important during active hurricane seasons, making the partnership vital for customers.
  • By affiliating with the Allpoint Network, Seacoast Bank gains the ability to compete with larger regional and national bank brands beyond Florida.
  • Stuart Mackinnon, EVP of NCR Banking, emphasizes the continued importance of ATMs as a touchpoint for customer service and success.
  • NCR Corporation also made a similar arrangement with UnionBank, the ninth-largest bank in the Philippines, which adopted its ATMaaS solution.
  • NCR’s ATM business will be called NCR Atleos as part of its division of ATM and digital commerce businesses.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Central Bank of the UAE Launches E-KYC Platform to Streamline Identity Verification

New platform aims to enhance customer onboarding and reduce fraud risks.Highlights: The Central Bank of the UAE has...

Danske Bank Restricts Customer Data Access Following Address Leak

Danske Bank acts after sensitive customer details exposed to payment recipients.Highlights: Danske Bank reveals a data leak of...

Fintech Veteran Launches Primitive AI Agent Operating System

A groundbreaking platform for AI-driven financial services is unveiled.Highlights: Primitive AI, led by a fintech veteran, introduces a...

Visa Launches Validator Node on Tempo Blockchain, Strengthening Payments Infrastructure

New validator node aims to boost transaction efficiency for Visa services.Highlights: Visa launches a new validator node on...