NCR Check Bureau Helps Expand Secure Documents Business in Middle East and Africa

Before you go, we thought you'd like these...
Before you go close icon

NCR Check Bureau Helps Expand Secure Documents Business in Middle East and Africa

Purchase of NCR Check Bureau solution by PLANAD Angola helps improve speed and security of secure documents in region

DULUTH, Ga.--(BUSINESS WIRE)-- NCR Corporation (NYS: NCR) , the global leader in consumer transaction technologies, has expanded its relationship with PLANAD, Angola, in order to help grow its secure documents business in its Middle East and Africa (MEA) region. PLANAD, one of the largest IT distributors for financial institutions in Angola, will begin implementing NCR Check Bureau solution for its customers. In MEA, check security remains a highly sensitive process, and NCR Check Bureau allows financial institutions to produce checks with security features in house, improving the delivery time to customers from two to three weeks to 24-48 hours.


NCR Check Bureau is available to partners and financial institutions in the MEA region, including Bangladesh, Malawi, Kenya, Zambia, Tanzania, Nepal and Mozambique. The NCR solution uses laser technology for personalisation and impact printing for the MICR encoding on the security documents. The solution is controlled by specialized software with integral barcode verification for the MICR encoding.

"NCR's hardware and software solution will help our financial institution customers deliver a more efficient and secure check service to consumers," said Marques Gomes, CEO, PLANAD, Angola. "By performing this activity in house, we can localize check production and improve delivery time, all with the same level of security of producing the checks through distributors."

NCR Check Bureau addresses new specifications and security standards for the checks in these markets, including OCR (Optical Character Recognition), ICR (Intelligent Character Recognition), and PCS (Print Contrast Signal), among others.

"Getting new checkbooks faster is just one of the ways that NCR is making consumers' everyday lives easier in MEA," said Eddie Noel, senior vice president and general manager, NCR Interactive Printer Solutions. "PLANAD is taking an innovative approach to providing a value-added service to its financial customers in the region, including improved speed and security."

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: www.ncr.com

Twitter: @NCRCorporation

Facebook: www.facebook.com/ncrcorp

LinkedIn: www.linkedin.com/company/ncr-corporation

YouTube: www.youtube.com/user/ncrcorporation



NCR Corporation
Jeff Dudash, 919-435-6976
jeff.dudash@ncr.com

KEYWORDS:   Angola  United States  North America  Georgia  Africa  Middle East

INDUSTRY KEYWORDS:

The article NCR Check Bureau Helps Expand Secure Documents Business in Middle East and Africa originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners

Rescuer Sees Bumps All Over This Dog's Skin - Then X-Rays Reveal The Tragic Story Rescuer Sees Bumps All Over This Dog's Skin - Then X-Rays Reveal The Tragic Story
Man Felt Something Inside His Nose - But What Doctors Pull Out Leaves Everyone Stunned Man Felt Something Inside His Nose - But What Doctors Pull Out Leaves Everyone Stunned
20 Folks Recall Shocking Interview Moments That Made Them NOT Want the Job 20 Folks Recall Shocking Interview Moments That Made Them NOT Want the Job