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Renasant Bank Deepens NCR Atleos Collaboration to Strengthen Self-Service Banking and Support Growth

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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.

Renasant Bank ha ampliato la sua partnership con NCR Atleos (NYSE: NATL) implementando il software Activate Enterprise di Atleos per migliorare le sue operazioni con gli ITM e gli ATM. La banca, con un patrimonio di 17,5 miliardi di dollari e 185 centri bancari in cinque stati, è pronta ad acquisire The First Bank, aggiungendo 110 filiali ed espandendosi in Louisiana.

L'implementazione consente esperienze cliente più forti con funzionalità come il pagamento contactless, semplificando le operazioni attraverso un sistema di gestione su piattaforma unica. La collaborazione tra Renasant e Atleos comprende software, servizi sul campo, servizi gestiti, sicurezza e gestione della liquidità. Si prevede che il programma ITM della banca crescerà a oltre 75 macchine quest'anno.

Renasant Bank ha ampliado su asociación con NCR Atleos (NYSE: NATL) al implementar el software Activate Enterprise de Atleos para mejorar sus operaciones de ITM y ATM. El banco, que cuenta con activos de 17.5 mil millones de dólares y opera 185 centros bancarios en cinco estados, está listo para adquirir The First Bank, añadiendo 110 sucursales y expandiéndose a Louisiana.

La implementación permite experiencias del cliente más sólidas con características como el pago sin contacto, simplificando las operaciones a través de un sistema de gestión de plataforma única. La colaboración de Renasant con Atleos abarca software, servicios de campo, servicios gestionados, seguridad y gestión de efectivo. Se espera que el programa ITM del banco crezca a más de 75 máquinas este año.

레나산트 뱅크NCR 아틀레오스 (NYSE: NATL)와의 파트너십을 확대하여 아틀레오스의 Activate Enterprise 소프트웨어를 구현하여 ITM 및 ATM 운영을 개선했습니다. 175억 달러 자산을 보유한 이 은행은 5개 주에 걸쳐 185개의 은행 센터를 운영하고 있으며, 110개의 지점을 추가하여 루이지애나로 확장하는 The First Bank를 인수할 예정입니다.

이 구현은 더 강력한 고객 경험을 제공하며, 비접촉식 카드 탭과 같은 기능을 통해 단일 플랫폼 관리 시스템을 통해 운영을 간소화합니다. 레나산트와 아틀레오스의 협력은 소프트웨어, 현장 서비스, 관리 서비스, 보안 및 현금 관리 등을 포함합니다. 은행의 ITM 프로그램은 올해 75대 이상의 기계로 성장할 것으로 예상됩니다.

Renasant Bank a élargi son partenariat avec NCR Atleos (NYSE: NATL) en mettant en œuvre le logiciel Activate Enterprise d'Atleos pour améliorer ses opérations d'ITM et d'ATM. La banque, qui possède 17,5 milliards de dollars d'actifs et exploite 185 centres bancaires dans cinq États, est prête à acquérir The First Bank, ajoutant 110 agences et s'étendant en Louisiane.

Cette mise en œuvre permet d'offrir une expérience client renforcée grâce à des fonctionnalités telles que le paiement sans contact, tout en simplifiant les opérations grâce à un système de gestion de plateforme unique. La collaboration de Renasant avec Atleos couvre les logiciels, les services sur le terrain, les services gérés, la sécurité et la gestion des liquidités. Le programme ITM de la banque devrait croître à plus de 75 machines cette année.

Renasant Bank hat seine Partnerschaft mit NCR Atleos (NYSE: NATL) erweitert, indem sie die Activate Enterprise-Software von Atleos implementiert hat, um ihre ITM- und ATM-Betriebe zu verbessern. Die Bank mit einem Vermögen von 17,5 Milliarden Dollar betreibt 185 Bankfilialen in fünf Bundesstaaten und plant die Übernahme der First Bank, wodurch 110 Filialen hinzukommen und sie nach Louisiana expandiert.

Die Implementierung ermöglicht stärkere Kundenerlebnisse mit Funktionen wie kontaktlosem Kartentippen und vereinfacht die Abläufe durch ein einheitliches Plattformmanagementsystem. Die Zusammenarbeit von Renasant mit Atleos umfasst Software, Außendienst, verwaltete Dienstleistungen, Sicherheit und Bargeldmanagement. Es wird erwartet, dass das ITM-Programm der Bank in diesem Jahr auf über 75 Maschinen wachsen wird.

Positive
  • Expansion of ITM program to over 75 machines in 2023
  • Acquisition of The First Bank adding 110 branches
  • Geographic expansion into Louisiana market
  • Implementation of modern software enhancing operational efficiency
Negative
  • None.

Insights

This expanded partnership with Renasant Bank represents a strategic win for Atleos in the competitive banking technology sector. The comprehensive nature of the deal - encompassing software, services, and hardware - demonstrates Atleos' ability to capture full-stack revenue opportunities in the banking infrastructure market.

The timing is particularly significant as Renasant Bank integrates The First Bank acquisition, expanding from 185 to 295 branches across the Southeast. This growth phase typically presents risks of vendor consolidation, making Atleos' retention and expansion of services a strong validation of their competitive positioning. The projected growth to over 75 ITMs this year indicates substantial recurring revenue potential through software licensing and managed services.

The implementation of Activate Enterprise software delivers three key strategic advantages:

  • Operational efficiency through unified platform management, reducing back-office costs
  • Enhanced customer experience with modern features like NFC tap payments
  • Scalability to support both organic growth and M&A integration

From a market perspective, this deal reinforces Atleos' strong position in the regional banking segment, where institutions are large enough to require sophisticated solutions but often lack the internal resources to develop proprietary systems. The expansion of services with a $17.5B-asset bank could serve as a compelling reference case for similar-sized institutions looking to modernize their self-service banking infrastructure.

ATLANTA--(BUSINESS WIRE)-- NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $17.5 billion-asset Renasant Bank has expanded its relationship with Atleos. By deploying Atleos’ Activate Enterprise, the bank enhanced its ITM and ATM program with modern software to better serve customers and support ongoing growth.

Renasant Bank operates 185 banking centers across Mississippi, Tennessee, Alabama, Florida and Georgia, and the bank recently acquired The First Bank, which will add another 110 branches and extend its footprint into Louisiana. By enhancing its fleet of ATMs and ITMs with Atleos’ Activate Enterprise, Renasant Bank is delivering stronger, more consistent customer experiences and more robust functionality, such as contactless (NFC) card tap. Plus, leveraging a single platform to manage the self-service channel simplifies operations, increasing efficiencies and saving time for the bank.

“At Renasant, we are focused on making banking more accessible and convenient while continuing to maintain critical personal relationships,” said Michelle Rivers, chief experience officer, EVP at Renasant Bank. “By teaming with Atleos, we are able to quickly and reliably provide customers with the latest features and innovations across self-service banking, resulting in exceptional experiences. This expanded relationship with Atleos enables us to manage our fleet more efficiently and effectively as we continue to grow while widening our customers’ access to cash.”

Renasant works with Atleos to manage nearly all aspects of their fleet, including software, field services, managed services and security, cash management and cash in transit (CIT). The bank’s best-in-class ITM program is expected to grow to over 75 machines this year.

“Renasant Bank is a banking leader that is dedicated to delivering superior customer experiences and support as efficiently as possible,” explained Steven Nogalo, general manager of North America for Atleos. “The expanded collaboration with Atleos will enable the bank to reduce back-office complexities, increase customer loyalty and carve out a significant competitive advantage as they continue to grow their presence within existing markets and enter into new ones.”

About Atleos

Atleos (NYSE: NATL) is a leader in expanding self-service financial access, with industry-leading ATM expertise and experience, unrivalled operational scale including the largest independently-owned ATM network, always-on global services and constant innovation. Atleos improves operational efficiency for financial institutions, drives footfall for retailers and enables digital-first financial self-service experiences for consumers. Atleos is headquartered in Atlanta, Georgia, with approximately 20,000 employees globally.

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Media Contact

Scott Sykes

NCR Atleos

scott.sykes@ncratleos.com

Source: NCR Atleos Corporation

FAQ

How many ITMs will Renasant Bank deploy with NATL's technology in 2023?

Renasant Bank's ITM program is expected to grow to over 75 machines in 2023.

How many banking centers does Renasant Bank currently operate?

Renasant Bank currently operates 185 banking centers across Mississippi, Tennessee, Alabama, Florida and Georgia.

What new features does NATL's Activate Enterprise bring to Renasant Bank's ATMs?

The Activate Enterprise software enables contactless (NFC) card tap functionality and provides more robust features while delivering consistent customer experiences.

How many new branches will Renasant Bank gain through The First Bank acquisition?

Through The First Bank acquisition, Renasant Bank will add 110 branches and expand its footprint into Louisiana.

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