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Bank of China Selects NCR to Support New ATM Software Application Development

  Bank of China Selects NCR to Support New ATM Software Application

   Bank software projects will help optimize back office processes and make
                  everyday transactions easier for consumers

Business Wire

BEIJING -- November 27, 2013

NCR Corporation (NYSE:NCR) today announced that it has been awarded
professional service contracts from Bank of China to develop new automated
teller machine (“ATM”) applications running on the bank’s multivendor software
platform, NCR APTRA Edge, to support the bank’s initiative in implementing
paperless ATM transaction flow and its Financial Integrated Circuit Card
(“IC”) 5.0 project.

The Bank of China’s ATM network went live with the NCR APTRA Edge platform
last year and most applications on its ATM network have completed the initial
phase migration process to be compliant with EMV^1 (PBOC 2.0^2) standards. As
part of the project, NCR will provide software application development, system
analysis, support services and related training programs.

Consolidating on a single software application enables financial institutions
to project a consistent and rich consumer experience across their self-service
networks, regardless of hardware manufacturer. In addition, a multivendor
environment helps financial institutions streamline their development and
support operations by not having to maintain and enhance multiple, separate
delivery infrastructures for each new function or service that they offer. NCR
is the world’s largest supplier of multivendor ATM software.

In line with the new market demand for smart cards, Bank of China also is
kicking off a Financial IC Card 5.0 project to enhance its IC card product
features and business process. The project will be conducted in three phases
to enable new features and capabilities such as chip-based, automatic top-up,
transaction short messaging, new reporting format, as well as converging with
new payment channels such as point-of-sale, mobile and internet terminals. NCR
will carry out the related software upgrade and development to support this
new project.

The ATM paperless transaction flow project aims to reduce operating costs and
improve ATM service availability. The traditional ATM transaction journal
printing in paper will be replaced by paperless, electronically generated
transaction journals. The project will eliminate the maintenance cost of
changing journal paper rolls as well as the cost of paper. ATM service
availability can be increased without having to suspend the services whenever
the machine is out of transaction journal paper.

“The newly signed contracts have proven that NCR APTRA Edge has offered Bank
of China a truly stable and open platform for providing unlimited application
development productivity, making their customers everyday transaction easier,”
said Gary Miao, president of NCR Greater China for financial services. “We are
excited in winning the trust again from BOC for our professional services
team’s software skills and service expertise, which has reflected our success
in executing our strategy in building our software and services capabilities
in a fast growing market like China.”

Apart from Bank of China, NCR also provides NCR APTRA Edge to Industrial and
Commercial Bank of China (ICBC).

About NCR Corporation

NCR Corporation (NYSE: NCR) is the global leader in consumer transaction
technologies, turning everyday interactions with businesses into exceptional
experiences. With its software, hardware, and portfolio of services, NCR
enables more than 450 million transactions daily across the retail, financial,
travel, hospitality, telecom and technology industries. NCR solutions run the
everyday transactions that make your life easier.

NCR is headquartered in Duluth, Georgia with over 26,000 employees and does
business in 180 countries. NCR is a trademark of NCR Corporation in the United
States and other countries.

Web site:

Twitter: @NCRCorporation




^1 The specifications define how smart cards are produced and work and how end
points, whether they are ATMs or POS terminals, need to operate.

^2 It refers to the “China Integrated Circuit Card Standard” issued by the
People’s Bank of China in 2005. The standard defines the use of electronic
purse, compatibility with EMV standard for credit/debit cards. It provides the
guidance and forms the base for China’s smart card standard.


NCR Corporation
Winnie Sze, 852 2975 6948
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