NCRNCR Corporation said on Monday that NYMBUS has licensed NCR’s D3 Digital Banking platform to provide digital interactions in conjunction with its SmartCore private cloud-based core processing platform. The combination of the NCR and NYMBUS platforms will allow financial institutions to rapidly deploy new digital bank brands to consumer and business customers.

“In today’s highly competitive financial services environment, institutions can no longer rely on dated or stagnant technology to grow their business,” said David Mitchell, President, NYMBUS.

“Combining NCR’s D3 digital banking platform with NYMBUS’ core banking platform allows us to better serve progressive financial institutions and corporations with well-known brands seeking to address the needs of digital-savvy customers in high-growth market segments,” he added.

Atlanta-based NCR acquired D3 Technology Inc. in July 2019. D3 accelerates NCR’s Digital First Banking strategy, including the integration of the customer experience across all self-service channels such as online and mobile banking, ATMs, Interactive Teller Machines and other Banking software solutions, complemented by NCR’s consulting, advisory and support services.

“Financial institutions are introducing digital bank brands to meet the needs of Gen Z and Millennials, address new market segments and drive deposit growth,” said Mark Vipond, general manager, NCR D3 Digital Banking.

“Combining our platforms allows financial institutions to rapidly go to market with digital banking offerings, quickly accelerate growth, and meet the needs of their customers.”

Avatar
by Krishna V Kurup
Senior Market Analyst at IBS Intelligence
imp-loader
preloader