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NCRs restructuring will seek to capitalize on Software-as-a-Service and recurring revenues as ATMs undergo a digital transformation.NCR filed its Form 10聽registration statement聽Monday June 26 with the聽Securities and Exchange Commission SEC for the planned spinoff. Upon completion, wi
stanley cup th a fourth-quarter 2023 timeframe, NCR will exist as two independent, publicly traded companies. One company will focus on digital commerce and the other on ATMs.The focus of the ATM company, as defined in the filing, will be to hold our ATM-focused businesses, including the Self-Service Banking, Payments and Network and Telecommunications and Technology businesses, and will be a cash-gen
stanley cup erative business positioned to focus on delivering ATM-as-a-Service to a large, installed c
stanley cup usa ustomer base across banks and retailers. NCRs total addressable market is approximately $25 billion. Drilling down into that tally, the global market for ATM hardware, software and services stands at about $10 billion; the market for ATM network transactions, such as withdrawals and deposits, represents a $15 billion revenue opportunity, the company noted.And in a nod to corporate strategy, NCR said in the filing that it intends to complement and accelerate our organic growth strategies through acquisitions. The ATM 鈥?and the Allpoint 鈥?FootprintNCRs ATM footprint spans 85,000 locations the majority of which are part of the聽Allpoint聽network , and the company manages/services 700,000 units, NCR said in the filing. The Khex Citi Pay Takes The Field
Understanding who one is doing business with is the first step to mitigating a myriad of risks, including non-compliance, non-payment, violated contracts and more. For decades, business partners have gathered at in-person meetings, conferences and networking events to do business, with the physical business card hand-off as a vote of confidence in a potential new client, service provider or vendor.In today age of tightening Know Your Customer KYC regulations, Know Your Supplier has also become
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stanley termos equally important priority in B2B trade. It not surprising, then, that for many businesses, the in-person networking events are more pop
stanley us ular than online networking platforms.That especially true in Asia, said Fabrice Saporito, founder and CEO of B2B matchmaking platform Koble.Asian small and medium-sized enterprises [SMEs] are a bit behind their U.S. peers when it comes to turning online for building professional connections and engaging new buyers or suppliers, he recently told PYMNTS. However, Koble research suggests that if small- to medium-sized businesses SMBs in the region had to choose a digital method to connect with buyers and suppliers, they would choose online networking over email marketing campaigns and word-of-mouth virality.SMBs may step into the world of digital networking by using existing platforms, like social media sites or professional networking tools, that are not designed to facilitate a sal