News

First Data certifies NCR's Scalable Deposit Module for ATMs

June 16, 2011

First Data Corp., one of the world's largest processors of ATM transactions, announced yesterday that it is the first processor to certify NCR Corp.'s Scalable Deposit Module, making NCR ATMs equipped with the module available to its ATM-outsourcing and ATM-driving clients.

"We have moved quickly to support NCR's latest technology, knowing that advances in ATM functionality and convenience such as this can serve as differentiators for our bank and credit union clients," said Mary Knich, vice president of ATM Services at Atlanta-based First Data.

NCR's Scalable Deposit Module enables consumers to deposit a stack of cash or multiple checks, in any orientation, through a single slot. Fremont Bank in Fremont, Calif., will be the First Data bank client to deploy NCR's Scalable Deposit Module.

"We believe that adopting this capability early will serve to differentiate us in our market and enhance our relationships with our customers, who depend on the convenience of banking on their schedules," said Christopher Olson, Fremont Bank's chief operating officer.