Saturday, March 3, 2012

NCR Expects More Banks To Order ATMs Soon.(ATM News)

Byline: Frederick H. Lowe

With large, national banks repor-ting stronger-than-expected second-quarter profits, NCR Corp. expects later this year to receive a long-awaited gift: a rejuvenated bank-ATM market.

During an analysts' conference call last week, Bill Nuti, the ATM maker's chairman and CEO, said banks' improved financial performance might create an increase in orders of intelligent-deposit ATMs that eliminate the need for envelopes to deposit cash or checks.

Midsize banks that have watched the market for envelope-free ATMs develop from the sidelines may finally jump in and begin making their own orders, Nuti said.

"We continue to see the large U.S. banks move …

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