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NCR’s innovative technologies will help the bank converge physical
and digital channels and reduce operating costs

Corporation (NYSE: NCR)
, a global enterprise technology company for
the financial industry, today announced that Oman Arab Bank (OAB) is the
first bank in Oman to deploy Near Field Communications (NFC) contactless
card-reading technology. The introduction of NFC contactless technology
means OAB customers can make transactions 15 percent faster and more
secure and spend less time in queues.

Oman Arab Bank’s customers can tap their ATM card to initiate
transactions, making them faster and more secure. OAB will also leverage
NCR’s ATM software to introduce a new ‘favorite transaction’
personalization feature that allows customers to tag transactions as
favorites, so the next time they can execute the same transaction
quickly and easily.

“Differentiating through innovative and seamless banking services for
our customers remains a key strategy for us. Being the first to
introduce NFC technology in the country reiterates our commitment,” said
Fahd Bin Amjad, GM, Retail Banking at OAB. “We see correlations between
innovative services and improved customer satisfaction scores, so we’ve
partnered with NCR because of its track record delivering exceptional
ATM experiences.”

OAB recently began using NCR’s Activate
software to help integrate its self-service channel with the rest of its
digital infrastructure.

“NCR is strategically positioned to help our customers compete in the
evolving digital world and we are thrilled to work with OAB as it
introduces NFC technology in Oman to create exceptional banking
experiences for its customers,” said Hussam Zahdeh, area vice president
for Saudi and Gulf, NCR Banking. “By deploying Activate, OAB is taking a
big step towards bridging the physical and digital world to enable
future growth strategies and transform transactions into interactions
that matter.”

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leading software- and services-led
enterprise provider in the financial, retail, hospitality, telecom and
technology industries. NCR is headquartered in Atlanta, Ga., with 34,000
employees and does business in 180 countries. NCR is a trademark of NCR
Corporation in the United States and other countries.

Web site:


Rakesh Aulaya
NCR Corporation
+91 22 61 954
[email protected]