NCR and Vidyo Announce Strategic Relationship and Global OEM Agreement for Video in NCR Interactive Tellers

Vidyo selected by NCR as a preferred partner for its unmatched video quality and security on industry’s leading audio/video-based ATMs

HACKENSACK, N.J. & DULUTH, Ga.--()--First introduced in 2012, NCR Interactive Tellers offer financial institution customers a more personal banking experience, with the benefits of both self-service video banking and the branch experience in one unified solution. Today, Vidyo, Inc. and NCR (NYSE:NCR) announced a global OEM agreement to bring Vidyo’s high quality video communication technology to NCR’s Interactive Teller and other omni-channel video solutions worldwide. This strategic agreement allows NCR to integrate Vidyo’s secure, scalable video communications technology directly into NCR’s product lines, giving customers and service agents a personal, efficient way to interact face-to-face.

NCR’s Interactive Teller will leverage the Vidyo’s technology to embed video banking capabilities within the system, giving customers the choice of self-service or connecting with a remote teller in a highly personalized, secure, audio/video interaction. Interactive Teller migrates routine transactions away from the teller counter, resulting in lower processing costs, faster transactions and increased product sales and revenue growth while maintaining a personal touch to banking.

“NCR is the market leader in omni-channel banking experiences. We pioneered the interactive banking technology market and our customers want a secure and dynamic experience,” said Jed Taylor, Vice President and General Manager, Community Bank Software & Global Video Services, NCR. “Vidyo delivers unmatched video quality and security and is our preferred partner to video-enable our NCR Interactive Teller and our future omni-channel video offerings.”

“Vidyo is pleased to have been selected as NCR’s preferred partner to integrate our technology into NCR Interactive Teller and across their channels,” said Eran Westman. “Quality matters in video banking, as in other video-enabled B2C applications, to enhance customer engagement and we look forward to this partnership supporting NCR’s future offerings.”

Vidyo’s platform and APIs enable enterprises, developers and solutions providers across a wide variety of markets and applications to deploy cloud-based, including hybrid, and on-premises solutions that address increasing demands to integrate visual communications into productivity solutions, workflows and business processes. Vidyo’s Hosted VidyoConferencing offering provides teams of any size the tools to deploy simple, optimized, cloud-based video collaboration with a rich feature set. Vidyo’s upcoming PaaS offering will give developers a simplified way to embed secure, scalable, high-quality multiparty video and collaboration into any workflow, application, endpoint or IoT form factor.

Please visit us at Enterprise Connect, Orlando, 2016, booth #921 or at ATA, Minneapolis, booth #1927 to learn more about new Vidyo offerings.

About NCR Corporation

NCR Corporation (NYSE:NCR) is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 550 million transactions daily across the financial, retail, hospitality, travel, telecom and technology industries. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Georgia with over 30,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries. NCR encourages investors to visit its web site which is updated regularly with financial and other important information about NCR.

Web site: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: http://linkd.in/ncrgroup
YouTube: www.youtube.com/user/ncrcorporation

About Vidyo, Inc.

Millions of users around the world visually connect every day with Vidyo’s secure, scalable technology and cloud-based services. Vidyo offers video collaboration solutions for companies that require the highest quality video interaction available. Recognized with over 110 patents, the company’s software platform and APIs are used by enterprise customers, service providers, and ecosystem partners to create innovative HD quality video-enabled applications embedded into workflows and emerging IoT devices. Learn more at www.vidyo.com, on the blog, or follow Vidyo on Twitter @vidyo and on Facebook. Vidyo is hiring! Come shape the future of visual communications!

The VIDYO logo is a registered trademark of Vidyo, Inc., VIDYO and the trademarks of the VIDYO family of products are trademarks of Vidyo, Inc. and the other trademarks referenced herein are the property of their respective owners.

Contacts

Vidyo Media Contact:
Mari Mineta Clapp, +1 408-398-6433
mari@vidyo.com
or
NCR Media Contact:
NCR Corporation
Jeff Dudash, 770-212-5091
Jeff.dudash@ncr.com

Release Summary

Today, Vidyo, Inc. and NCR announced a global OEM agreement to bring Vidyo’s high quality video communication technology to NCR’s Interactive Teller and other omni-channel video solutions worldwide.

Contacts

Vidyo Media Contact:
Mari Mineta Clapp, +1 408-398-6433
mari@vidyo.com
or
NCR Media Contact:
NCR Corporation
Jeff Dudash, 770-212-5091
Jeff.dudash@ncr.com