Bank of Ningbo Goes Live with Multi-vendor ATM Software Platform from NCR


Bank of Ningbo Goes Live with Multi-vendor ATM Software Platform from NCR

NCR software and service management solutions make everyday easier for the bank and its customers

BEIJING--(BUSINESS WIRE)-- Bank of Ningbo has successfully gone live with a multi-vendor open ATM software platform from NCR Corporation (NYSE: NCR) . The bank's fleet of more than 500 ATMs are running on NCR APTRATM Edge, a multi-vendor software application, and the network has been migrated to be compliant with EMV1 (PBOC 2.02) card payment standards.

NCR has installed its Terminal Management Services solution, which provides real-time remote monitoring and recovery ability to ensure the ATM network's availability and visibility. In addition, NCR has upgraded Bank of Ningbo's ATM network with a suite of security solutions, including NCR Remote Key Management solution, Dynamic eLock Management Platform, and SolidCore for APTRA security solution, which will help improve security and ATM uptime.

Rather than reacting to known attacks as they arise, Solidcore for APTRA is the only ATM software that proactively allows only authorised code to run. Specifically, Solidcore for APTRA automatically creates and updates the inventory of good code and limits the runtime environment to the code in that inventory, or whitelist.

Bank of Ningbo turned to NCR for a total ATM management solution in order to transform its self-service banking operation and customer services. NCR immediately kicked off the project through detailed testing and analysis of its multi-vendor ATM environment, and implemented software to be shared among different vendors' ATM terminals. Within 10 months, NCR has successfully centralized and secured its ATM platform, giving it consistent interfaces and improving operational efficiency.

The Remote Key Management solution allows remote download and update of the master key to ensure its security, as well as avoiding manual entry of the master key on every ATM unit, which can save cost. The Dynamic eLock Management restricts the access to ATM safe box by only authorized users with an IC ("integrated chip") smart key and one-time password assigned, which eliminates security risks by unnecessary disseminate of ATM key and password of traditional ATM locks.

"We are proud to transform Bank of Ningbo's ATM network with NCR's total management solution in making their everyday life easier with a truly open platform for new banking services development. We are looking forward to work with Bank of Ningbo again for its next phase development," said Gary Miao, president of Financial Services, NCR Greater China, "While we will continue to extend NCR's global expertise and capabilities in multi-vendor platform implementation to more regional commercial banks."

About Bank of Ningbo

Bank of Ningbo Co., Ltd was established on 10th April 1997, is a shareholding commercial bank with the qualification of independent legal person. On 19th July 2007, Bank of Ningbo was successfully listed in Shenzhen Stock Exchange (stock code: 002142) as one of the city commercial banks first listed at home. By the end of Jun. 2012, Bank of Ningbo had owned 8 branches, respectively in Shanghai, Hangzhou, Nanjing, Shenzhen, Suzhou, Wenzhou, Beijing and Wuxi, 1 head office banking department and 148 sub-branches. Bank of Ningbo has been one of the best commercial banks in China with the assets of high quality, enhanced capabilities of profitability, high capital adequate ratio and low non-performing loan ratio. It ranked 279 in the 2012 China Top 1000 Banks and 263 in the 2012 Top 500 Banking Brands selected by Banker (UK).

About NCR Corporation

NCR Corporation (NYS: 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 300 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
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