NCR Corporation is expanding into new market segments including to a innovative approach for a digital bank core offering

8 octombrie 2019

Rapid deployment and innovation are required in today’s digital banking market. Seventy-two percent of online-only bank users are now more likely to switch banks for better digital services.*

NYMBUS licensed NCR’s D3 Digital Banking platform (D3) to provide comprehensive digital interactions in conjunction with its SmartCore® private cloud-based core processing platform. „The combination of the NCR and NYMBUS platforms will allow financial institutions to rapidly deploy new digital bank brands to consumer and business customers.”, according to the press release.

“In today’s highly competitive financial services environment, institutions can no longer rely on dated or stagnant technology to grow their business,” said David Mitchell, President, NYMBUS. “Combining NCR’s D3 digital banking platform with NYMBUS’ core banking platform allows us to better serve progressive financial institutions, and corporations with well-known brands seeking to address the needs of digital-savvy customers in high-growth market segments.”

“Financial institutions are introducing digital bank brands to meet the needs of Gen Z and Millennials, address new market segments and drive deposit growth,” said Mark Vipond, general manager, NCR D3 Digital Banking. “Combining our platforms allows financial institutions to rapidly go to market with digital banking offerings, quickly accelerate growth, and meet the needs of their customers.”

NCR Corporation, a global enterprise technology company for the banking industry, acquired D3 Technology Inc. in July 2019. Adding D3 expanded NCR Digital Banking into new market segments, including this new, innovative approach for a digital bank core offering.

https://thefinancialbrand.com/75650/switching-banks-digital-innovation-trends/ 

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Jan Schildbach – Analyst Deutsche Bank


„Though Libra has met with fierce resistance from central banks and supervisory authorities and might never see the light of day, in many other cases tech firms (both start-ups and established big players) have successfully captured bits and pieces of universal banks’ traditional value chain. This trend may only intensify in the coming years. In this environment, European banks remain squeezed.”

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In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale in 2020?
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