NCR Corporation (NYSE:NCR) today announced the expansion of its Branch Solutions portfolio with the addition of Branch Assist 12, a high-capacity Teller Cash Recycler (TCR).
This latest unit complements NCR's Branch Assist 10 model, introduced this past July as part of a strategic relationship with CIMA S.P.A., a leading cash-handling technology company based in Mirandola, Italy. TCR technology automatically authenticates, counts, stores and makes available deposited currency notes, which are then recycled back to customers over the teller counter.
The newest Branch Assist 12 unit offers the highest level of cash capacity available in the marketplace today with its unique capability to recycle from 12 internal rolled storage modules. Coupled with a small, branch-friendly footprint, the extended capacity of Branch Assist 12 makes it particularly suitable for branches with high cash transaction volumes, foreign exchange applications or merchant banking.
Indicative of NCR's commitment to overall branch optimization, TCR technology is gaining interest for the role it plays in helping speed transactions, improve branch efficiency and facilitate open plan banking, thus increasing customer service levels.
Brian Bailey, NCR's vice president of marketing and deployment for Financial Solutions, said, "With the unique expanded capacity of Branch Assist 12, NCR is able to offer a complete portfolio of teller recycling solutions to meet the varying demands and transaction volumes across an entire branch network. By speeding the intake and dispensing of cash at the teller counter, greater efficiencies are gained and customers have a better, faster experience. When a branch implements this type of technology, they need it to be able to handle their particular volume. NCR now has a solution that can meet small-, medium- or even the highest-volume capacity requirements, all with consistent and simple teller usability."