NCR CORPORATION - NCR STOCK NEWS

Roots Pizza, a Chicago pizzeria under the Fifty/50 Restaurant Group, has partnered with NCR Corporation to enhance its digital dining options. Utilizing NCR Aloha and the NCR Engage app, the restaurant streamlines mobile orders, payments, and loyalty programs, essential for its operations during the pandemic. This technology enabled Roots Pizza to pivot to take-out and delivery services rapidly, helping maintain business continuity and customer service amidst COVID-19 challenges. As they prepare to reopen for dining, they plan to further integrate the app for a safer and more efficient customer experience.

NCR Corporation (NYSE: NCR) is partnering with JINYA Ramen Bar to enhance digital ordering and contactless payment services across its 37 North American locations. Utilizing NCR Aloha Essentials, JINYA aims to improve customer experience, reduce wait times, and lower operational costs. Currently, half of the restaurants have transitioned to this platform, with positive feedback from franchisees. Since the onset of the pandemic, NCR has processed over 354 million digital orders, highlighting the growing trend in restaurant technology. NCR's comprehensive solutions support efficient operations in the hospitality industry.

NCR Corporation has increased the principal amount of its 5.125% senior notes due 2029 from $1.1 billion to $1.2 billion, with the additional $100 million issued at 100.25% of the principal. The notes, set for issuance on April 6, 2021, are guaranteed by NCR's subsidiary and will finance the upcoming Cardtronics Acquisition, along with repaying Cardtronics' debt. If acquisition conditions are unmet by November 1, 2021, $600 million will be subject to mandatory redemption. The notes are offered under U.S. securities regulations.

NCR Corporation (NYSE: NCR) has priced an offering of $1.1 billion in 5.125% senior notes due 2029, increasing from a previously announced $1 billion. This offering is part of the financing for its acquisition of Cardtronics plc. The notes will be general unsecured obligations and guaranteed by NCR's subsidiary, NCR International, Inc. Proceeds will repay Cardtronics' debt and cover acquisition fees. The offering is set to close on April 6, 2021, with certain conditions regarding the acquisition's completion. A portion of the notes is subject to mandatory redemption if conditions are unmet.

NCR Corporation (NYSE: NCR) announced its intention to offer $1.0 billion in senior notes due 2029 and 2031 to finance its acquisition of Cardtronics. The offering is subject to market conditions and will not be contingent on the completion of the acquisition. Proceeds will pay for the Cardtronics acquisition, repay its debts, and cover related expenses. If certain escrow conditions are unmet by November 1, 2021, the 2029 Notes will require mandatory redemption. The notes will be offered under specific regulations without registration under the Securities Act.

NCR Corporation (NYSE: NCR) partners with OnPath Federal Credit Union to enhance digital banking experiences. By implementing the NCR DI platform, OnPath FCU aims to boost member engagement and operational efficiency by providing a seamless digital experience for both consumer and business banking. The collaboration is expected to drive member growth and retention through tailored marketing efforts. OnPath FCU serves over 64,000 members and manages more than $300M in assets, highlighting its significant market presence.

NCR Corporation has appointed Mark W. Begor, CEO of Equifax, as the independent Lead Director, effective April 20, following his election at the 2021 Annual Meeting. Begor, who joined the NCR Board in February 2020, has a strong background in operational leadership and technology transformation. The Board also nominated Martin Mucci, President and CEO of Paychex, for election as a Director. NCR's Executive Chairman praised Begor's qualifications and expressed confidence in the company's strategy to transition into an as-a-service provider, bolstered by Begor's and Mucci's leadership.

NCR Corporation (NYSE: NCR) announced a partnership with Redstone Federal Credit Union, a $6.2 billion-asset institution, to enhance its business banking services. Redstone FCU aims to provide a seamless digital experience for its business members, leveraging NCR's established platform that has been successful in consumer banking. This collaboration includes the integration of over 130 Interactive Teller Machines (ITMs), facilitating access to traditional banking services via advanced technology. The move comes as online transactions among business members have surged since the pandemic.

NCR Corporation (NYSE: NCR) has announced that its President and CEO, Michael D. Hayford, will deliver a presentation to investors at the Morgan Stanley Technology, Media and Telecom Virtual Conference on March 3, 2021, at 5:00 p.m. Eastern Time. A live webcast and replay will be accessible in the Investor Relations section of NCR.com for 90 days following the session.

NCR specializes in providing software and services to the banking, retail, and hospitality industries, employing 36,000 staff worldwide.