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NCR Atleos Corporation - 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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Fiserv, Inc. expands its CheckFreePay network for in-person bill payment to include ATMs at leading U.S. retailers, providing cash-preferred consumers with a convenient and secure payment option. The partnership with NCR Atleos Corporation aims to enhance consumer access, increase efficiency, and drive foot traffic for merchants.
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NCR Atleos Corporation announces American Express selection of Allpoint ATM Network for surcharge-free access, expanding reach to 40,000 ATMs in the U.S.
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NCR Atleos Corporation (NATL) partners with Banco Sabadell to enhance ATM network in Spain, offering customers convenient access to cash and financial services outside branches.
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NCR Atleos Corporation (NYSE: NATL) will release fourth quarter 2023 earnings results on February 14, 2024. A conference call will be held at 8:30 a.m. Eastern Time to discuss the results. Participants can access the call through the provided dial-in number and passcode. The live conference call and presentation materials will also be available online. Any difficulties accessing the call can be addressed by contacting Brendan Metrano at brendan.metrano@ncratleos.com.
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NCR Atleos Corporation (NYSE: NATL) announced that Grow Financial Federal Credit Union has chosen Atleos ATM as a Service (ATMaaS) to transform its self-service banking channel for members and support ongoing growth. The move consolidates a previously complex operating environment into a single, trusted vendor partnership, simplifying management and maintenance of the credit union’s ATM and ITM channels. Atleos is uniquely positioned to run an institution’s self-service banking more efficiently and effectively than anyone else in the market.
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NCR Atleos Corporation (NYSE: NATL) announced that Security Bank of Kansas City has selected NCR Atleos ATM as a Service and Atleos ITM as a Service to expand self-service banking options for customers. The bank aims to save employee time and resources while evolving its self-service strategy with greater efficiency and ease.
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NCR Atleos Corporation (NYSE: NATL) announced the appointment of Brendan Metrano as Head of Investor Relations and Treasury. Metrano will lead the investor relations strategy and quarterly earnings activities, as well as manage cash, debt, foreign exchange, risk strategy, and insurance and pension oversight. With experience from Upbound Group, Western Union, and DHI, Metrano brings a strong track record in investor relations and equity research. Atleos CFO, Paul Campbell, expressed confidence in Metrano's ability to build relationships with the investment community and contribute to the company's growth. Metrano is enthusiastic about Atleos' future and its position as a leader in the ATM space.
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NCR Atleos Corporation (NYSE: NATL) will host a conference call on December 5, 2023, at 4:30 p.m. Eastern Time to provide an update following the Company’s split from NCR Corp. effective on October 16, 2023.
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NCR Atleos Corporation (NATL) has been selected by Asda Stores Limited as its ATM network partner, providing over 1,200 ATMs in more than 600 stores to offer easy, secure access to cash services. This partnership aims to reduce complexity, boost efficiency, and provide optimum availability and access for customers, while also leveraging onscreen marketing to promote ASDA's brand, offers, and services.
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NCR Atleos Corporation (NYSE: NATL) reported Q3 2023 financial results, including $1.1 billion in revenue, a 4% increase year-over-year. Recurring revenue reached $765 million, up 6% year-over-year. Net income (loss) attributable to Atleos was $(58) million on a GAAP basis, impacted by separation transaction expenses. Adjusted EBITDA was $210 million, a 7% increase year-over-year. The company also announced an investor update call on December 5, 2023. CEO Tim Oliver expressed confidence in the company's performance and commitment to meeting customer needs.
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FAQ

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

The current stock price of NCR Atleos Corporation (NATL) is $32.23 as of December 20, 2024.

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

The market cap of NCR Atleos Corporation (NATL) is approximately 2.3B.

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 Corporation

NYSE:NATL

NATL Rankings

NATL Stock Data

2.32B
70.89M
0.55%
96.95%
5.04%
Software - Application
Calculating & Accounting Machines (no Electronic Computers)
Link
United States of America
ATLANTA