Banking News

NCR Acquires Fintech Intellectual Property for Open Banking

NCR Acquires Fintech Intellectual Property for Open Banking

NCR Corporation, a global enterprise technology provider, announced the acquisition of fintech intellectual property for Open Banking from Spoke Technologies Limited.

“With this acquisition, NCR has the software to embed financial services capabilities into every customer experience and build market-leading data intelligence for their clients”

The acquisition accelerates NCR’s move into open and international digital banking – adding data integration capabilities supporting personalization and customer-led experiences that are applicable across Financial Services and supporting the convergence of Finance and Retail for our key clients.

Latest Fintech News: Zeta and Mastercard Partner to Power Next-gen Credit Processing for Banks and Fintechs

“This is another step in our digital banking services growth strategy,” said Ismail Amla, Executive Vice President, NCR Corporation. “We are excited about the added value this brings to clients who want to drive digital banking in international markets, enable open banking and to bring together retail and financial experiences for our clients and their customers.”

“With this acquisition, NCR has the software to embed financial services capabilities into every customer experience and build market-leading data intelligence for their clients,” said Andrew Tarver, Founder of Spoke Technologies.

Latest Fintech News: Blockpass and Crypto.com Partner to Expand Reach and Build Identity NFT System

This acquisition is consistent with NCR’s strategy to acquire intellectual property to enhance established and emerging product capabilities, extending NCR leadership in the vertical industries NCR serves.

NCR Corporation is a leading enterprise technology provider that runs stores, restaurants and self-directed banking. NCR is headquartered in Atlanta, Ga., with 38,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.

Latest Fintech News: True Global Ventures Leads New Investment Round in Iomob

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Alipay+ Payment Tech to Debut in the Middle East Market at Seamless Saudi Arabia 2023

Business Wire

Canix Seed-to-Sale Software Raises $10 Million in Series A Funding Round

Fintech News Desk

Pathway And Hawksoft Partner To Streamline Client-facing Communications Like Email And Text Messaging

Fintech News Desk
1