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NCR Atleos Corp - NATL STOCK NEWS

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NCR Atleos Corporation (NATL) is a leading financial technology company specializing in self-directed banking solutions. Catering to a global customer base including financial institutions, merchants, manufacturers, retailers, and consumers, NCR Atleos is pivotal in the modern banking landscape.

Core Business: NCR Atleos focuses on enabling seamless transactions across multiple channels for the same banking transaction. The company offers a comprehensive suite of solutions encompassing software, services, hardware, and its proprietary Allpoint network. Their operations are categorized into three primary segments:

  • Self-Service Banking: Advanced ATM and interactive teller machine (ITM) technology are at the heart of this segment. These solutions empower users to execute various banking tasks autonomously, enhancing the customer experience.
  • Network: The Allpoint network is a cornerstone of NCR Atleos' offerings, providing widespread access to surcharge-free ATMs, thus expanding the reach of seamless banking.
  • Telecommunications & Technology: This segment encompasses the integration of cutting-edge technology to streamline telecommunications and enhance connectivity for a robust banking infrastructure.

Recent Achievements: NCR Atleos has been at the forefront of the self-directed banking revolution. Recent advancements include the development and deployment of next-generation ITM technology, expanding the Allpoint network, and forging strategic partnerships to bolster their service offerings.

Current Projects: The company is currently involved in multiple initiatives aimed at furthering the capabilities of self-service banking. Key projects include the rollout of advanced software solutions, enhancing the ATM and ITM hardware, and expanding the geographic reach of the Allpoint network.

Financial Condition: NCR Atleos maintains a robust financial position, underpinned by steady revenue growth from its diversified portfolio. The company’s strategic focus on innovation and customer satisfaction continues to drive financial performance, positioning it for sustained growth in the rapidly evolving fintech landscape.

Partnerships: NCR Atleos collaborates with key industry players to enhance its offerings. These partnerships are instrumental in delivering comprehensive self-directed banking solutions that meet the dynamic needs of their global clientele.

NCR Atleos Corporation remains a pivotal entity in the fintech industry, driving the evolution of banking through innovation and strategic execution.

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Renasant Bank has expanded its partnership with NCR Atleos (NYSE: NATL) by implementing Atleos' Activate Enterprise software to enhance its ITM and ATM operations. The $17.5 billion-asset bank, which operates 185 banking centers across five states, is set to acquire The First Bank, adding 110 branches and expanding into Louisiana.

The implementation enables stronger customer experiences with features like contactless card tap, while simplifying operations through a single platform management system. Renasant's collaboration with Atleos covers software, field services, managed services, security, and cash management. The bank's ITM program is expected to grow to over 75 machines this year.

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NCR Atleos (NYSE: NATL) announced that Utah Community Credit Union (UCCU), a $3.1 billion-asset institution, has joined the Atleos Allpoint Network. This partnership aims to enhance UCCU's brand recognition and provide expanded cash access for its 240,000+ members.

Through this collaboration, UCCU members will gain surcharge-free access to over 40,000 ATMs in retail locations nationwide, including deposit-making capabilities. The credit union has also branded ATMs at all Costco locations within Utah to boost visibility.

UCCU, based in Provo, Utah, has been serving its community for nearly 70 years. The partnership aligns with UCCU's values of exceptional service and fiscal responsibility while enabling them to extend their reach and provide convenient self-service options for cash access.

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NCR Atleos (NYSE: NATL) has scheduled its fourth quarter and full year 2024 earnings release for Monday, March 3, 2025, after market close. The company will host a conference call to discuss the results on Tuesday, March 4, 2025, at 8:30 a.m. Eastern Time.

Participants can join via toll-free number 800-753-0725 or local number +1 786-460-7170 using passcode 5828764. The presentation materials and live conference call will be accessible through the company's investor relations website. An archive of the call will be available shortly after completion on the same platform.

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NCR Atleos (NYSE: NATL) has been awarded the ATM Industry Association (ATMIA) Outstanding Service Award for its exceptional contributions to the financial technology industry. The award recognizes Atleos' excellence in technology and service, leadership in best practices, and measurable achievements.

Key initiatives highlighted include the Pin4 Cash solution, providing emergency cash access to unbanked individuals via SMS in the UK, used by over 50 organizations. Other notable achievements include shared deposit-taking ATMs in the UK, ATM as a Service (ATMaaS) for enhanced business continuity, and the Allpoint Network in the US offering surcharge-free banking transactions at retail locations.

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NCR Atleos (NYSE: NATL), the world's largest independent ATM operator, has announced the expansion of its Cashzone ATM network into Italy, marking its thirteenth country of operation. The expansion aims to provide convenient cash access for both residents and tourists in this cash-dependent country.

The network will be deployed across premier retail locations throughout Italy, offering multiple benefits: consumers gain easy access to cash, retailers benefit from increased foot traffic and new revenue streams, and banks can extend their reach without investing in physical branches. This initiative represents the growing momentum of utility ATM networks, enabling more profitable and engaging customer experiences.

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NCR Atleos (NYSE: NATL) announced a leadership transition as Paul Campbell steps down from his role as Executive Vice President and Chief Financial Officer. Campbell, who was appointed CFO in October 2023 following Atleos' spin-off from NCR Corp., will remain with the company through April 1 to ensure a smooth transition after a 35-year career across four continents.

The company has appointed Andy Wamser as the new Chief Financial Officer, effective January 27, 2025. Wamser joins from BlueLinx where he served as Senior Vice President and CFO. His experience includes executive roles at Mativ Holdings, AutoNation, and investment banking positions at Barclays Capital PLC and UBS.

CEO Tim Oliver emphasized that Wamser's appointment followed a robust search process, highlighting his experience as CFO for public companies and background in investment banking and capital markets as key factors in the selection.

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NCR Atleos (NYSE: NATL) announced that nbkc bank, a $1.1 billion-asset institution, has selected Atleos' Allpoint Network to expand its banking services. This partnership provides nbkc customers with surcharge-free access to an additional 55,000 ATMs worldwide in retail locations.

The collaboration includes access to cash deposit capabilities at over 3,000 locations within the Allpoint Network. Customers will experience a co-branded digital interface during ATM transactions. This expansion aims to enhance customer convenience by providing self-service banking options at familiar retail locations where customers regularly shop.

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NCR Atleos (NYSE: NATL) announced an extended partnership with East of England Co-op to provide ATMs through the Cashzone Network across its stores. The Co-op, one of East Anglia's largest independent businesses with over 200 stores and 3,000 employees, will enhance surcharge-free cash access for its customers through this collaboration.

Building on their 11-year relationship, this expansion leverages Atleos' Cashzone Network, which operates more than 16,000 ATMs across the UK. The partnership aims to strengthen brand loyalty and community connections while providing reliable and secure cash access services to Co-op members and customers.

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NCR Atleos (NYSE: NATL) announced an expanded partnership with Envision Credit Union to enhance self-service banking operations. The Florida-based credit union has selected Atleos' ATM as a Service (ATMaaS) and ITM as a Service (ITMaaS) solutions to modernize its aging ATM fleet and improve operational efficiency. The partnership will allow Envision CU to outsource ATM fleet management, including hardware, software, security, maintenance, and cash management to Atleos. The credit union also utilizes Atleos' ATM Management Platform for connected experiences and participates in the Allpoint Network for surcharge-free ATM access.

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NCR Atleos (NYSE: NATL) has announced its participation in three upcoming investor conferences in late 2024. The company will present at the Stephens Annual Investment Conference in Nashville on November 20 at 12:00 PM ET, followed by a virtual presentation at the Furey Research Partners Hidden Gems Conference on November 25 at 1:00 PM ET. Additionally, Atleos will host investor meetings at the Wolfe Research Small and Mid-Cap Conference in New York City on December 4. All presentations will be accessible through the company's investor relations website.

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FAQ

What is the current stock price of NCR Atleos (NATL)?

The current stock price of NCR Atleos (NATL) is $28.44 as of February 28, 2025.

What is the market cap of NCR Atleos (NATL)?

The market cap of NCR Atleos (NATL) is approximately 2.0B.

What does NCR Atleos Corporation specialize in?

NCR Atleos specializes in self-directed banking solutions, providing technology for seamless banking transactions.

What are the main segments of NCR Atleos?

The main segments are Self-Service Banking, Network, and Telecommunications & Technology.

What is the Allpoint network?

The Allpoint network is a proprietary network of surcharge-free ATMs, enhancing access to seamless banking services.

What recent achievements has NCR Atleos made?

Recent achievements include deploying next-gen ITM technology, expanding the Allpoint network, and forming strategic partnerships.

What current projects is NCR Atleos involved in?

Key projects include advanced software rollouts, enhancing ATM and ITM hardware, and expanding the Allpoint network's reach.

How is NCR Atleos performing financially?

NCR Atleos is financially robust, with steady revenue growth driven by innovation and customer satisfaction.

Who are NCR Atleos' primary customers?

Their primary customers include financial institutions, merchants, manufacturers, retailers, and consumers globally.

What kind of technology does NCR Atleos provide?

They provide ATM and ITM technology, software, services, and hardware for self-directed banking.

How does NCR Atleos enhance banking transactions?

Their solutions allow seamless transactions across multiple channels for the same banking transaction.

What is self-directed banking?

Self-directed banking enables customers to perform banking transactions autonomously using advanced technology like ATMs and ITMs.
NCR Atleos Corp

NYSE:NATL

NATL Rankings

NATL Stock Data

2.04B
71.34M
0.55%
96.38%
4.21%
Software - Application
Calculating & Accounting Machines (no Electronic Computers)
Link
United States
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