Welcome to our dedicated page for NCR Atleos news (Ticker: NATL), a resource for investors and traders seeking the latest updates and insights on NCR Atleos stock.
NCR Atleos Corporation (NYSE: NATL) generates a steady flow of news related to self-service banking, ATM networks and financial technology partnerships. As a financial technology company focused on expanding self-service financial access, its announcements often highlight collaborations with banks, credit unions, retailers and other partners that use its ATM, ITM and network capabilities.
News items commonly cover ATM network expansions, such as agreements where financial institutions modernize or extend their ATM footprints using the NCR Atleos Cashzone Network or the Allpoint and Allpoint+ deposit-accepting networks. These stories may describe new branded ATM deployments, additional deposit locations and broader geographic reach for customers and members.
Another frequent theme is technology and innovation. NCR Atleos has reported initiatives involving conversational AI-powered avatars at branch kiosks, AI-driven speech analytics and thought leadership on utility ATM networks and financial inclusion. Such updates give insight into how the company applies software, AI and network infrastructure to banking and retail environments.
Investors and industry observers can also find financial and corporate updates in NATL news, including quarterly earnings releases, conference call announcements and participation in investor conferences. These items provide context on segment performance, revenue mix between products and services, and the company’s view of self-directed banking trends.
For anyone tracking NCR Atleos, this news stream helps illustrate how the company’s self-service banking model is adopted across different markets and customer types, and how its network and technology offerings evolve over time. Regularly reviewing NATL news can support research into its partnerships, product focus and strategic priorities.
NCR Atleos (NYSE: NATL) announced that nbkc bank, a $1.1 billion-asset institution, has selected Atleos' Allpoint Network to expand its banking services. This partnership provides nbkc customers with surcharge-free access to an additional 55,000 ATMs worldwide in retail locations.
The collaboration includes access to cash deposit capabilities at over 3,000 locations within the Allpoint Network. Customers will experience a co-branded digital interface during ATM transactions. This expansion aims to enhance customer convenience by providing self-service banking options at familiar retail locations where customers regularly shop.
NCR Atleos (NYSE: NATL) announced an extended partnership with East of England Co-op to provide ATMs through the Cashzone Network across its stores. The Co-op, one of East Anglia's largest independent businesses with over 200 stores and 3,000 employees, will enhance surcharge-free cash access for its customers through this collaboration.
Building on their 11-year relationship, this expansion leverages Atleos' Cashzone Network, which operates more than 16,000 ATMs across the UK. The partnership aims to strengthen brand loyalty and community connections while providing reliable and secure cash access services to Co-op members and customers.
NCR Atleos (NYSE: NATL) announced an expanded partnership with Envision Credit Union to enhance self-service banking operations. The Florida-based credit union has selected Atleos' ATM as a Service (ATMaaS) and ITM as a Service (ITMaaS) solutions to modernize its aging ATM fleet and improve operational efficiency. The partnership will allow Envision CU to outsource ATM fleet management, including hardware, software, security, maintenance, and cash management to Atleos. The credit union also utilizes Atleos' ATM Management Platform for connected experiences and participates in the Allpoint Network for surcharge-free ATM access.
NCR Atleos (NYSE: NATL) has announced its participation in three upcoming investor conferences in late 2024. The company will present at the Stephens Annual Investment Conference in Nashville on November 20 at 12:00 PM ET, followed by a virtual presentation at the Furey Research Partners Hidden Gems Conference on November 25 at 1:00 PM ET. Additionally, Atleos will host investor meetings at the Wolfe Research Small and Mid-Cap Conference in New York City on December 4. All presentations will be accessible through the company's investor relations website.
NatWest Group has expanded its partnership with NCR Atleos (NYSE: NATL) to modernize its self-service banking infrastructure. The initiative involves upgrading over 5,500 ATMs and multi-function devices across their network, which serves 19 million customers through brands including NatWest Bank, Royal Bank of Scotland, and Ulster Bank.
The upgrade features new NCR Atleos technology with 19-inch touchscreen displays and an innovative customer interface. This transformation aims to streamline branch operations, optimize availability, and enable faster deployment of new services, reinforcing NatWest's commitment to providing secure and uninterrupted access to cash and essential financial services.
NCR Atleos (NYSE: NATL) has secured a new five-year agreement to provide Cashzone Network ATMs in Waitrose supermarkets across the UK. The collaboration between Atleos and the John Lewis Partnership, Britain's largest employee-owned business, has successfully increased awareness of John Lewis Money products and improved cash accessibility for consumers. The partnership builds on their decade-long relationship, focusing on providing secure and convenient cash withdrawal services in store locations.
NCR Atleos (NYSE: NATL) reported strong Q3 2024 results with revenue of $1.08 billion, including record service revenue of $843 million. The company achieved GAAP net income of $24 million and Adjusted EBITDA of $207 million. Earnings per share reached $0.32 GAAP and $0.89 non-GAAP. Operating cash flow was $107 million in Q3, with adjusted free cash flow of $38 million. The company reaffirmed its 2024 guidance and moved non-GAAP EPS guidance to the high end of the range. In October 2024, Atleos completed debt refinancing, reducing the weighted average spread to SOFR by approximately 100 basis points on $1.7 billion of variable rate debt.
Travelex has partnered with NCR Atleos to modernize its entire ATM network, replacing hardware and software across 600 ATMs in eight countries. The upgrade includes the implementation of NCR Atleos' SelfServ ATM range and Vision monitoring software across UK, Netherlands, Switzerland, Germany, Italy, Czech Republic, Australia, and New Zealand. The new ATMs feature enhanced capabilities including touch screens, barcode readers, and contactless withdrawal options in select European locations. The system also supports Travelex's Click and Collect function in the UK, allowing customers to pre-order foreign currency online for collection at over 50 airport ATM locations.
NCR Atleos (NYSE: NATL) has extended its partnership with Rontec, the UK's second-largest independent forecourt operator. Through Atleos' Cashzone Network, Rontec provides free cash withdrawals at ATMs across its 267 petrol stations operating under Esso, BP, and Shell brands. The extended collaboration includes upgrading all ATMs at Rontec locations to increase site traffic and enhance customer value. The partnership aims to strengthen customer loyalty, drive revenue, and create competitive advantages across Rontec's retail network.
NCR Atleos (NYSE: NATL) has scheduled its third quarter 2024 earnings release for Tuesday, November 12, 2024, after market close. The company will host a conference call to discuss the results on Wednesday, November 13, 2024, at 8:30 a.m. Eastern Time. Investors can access the call via toll-free number 800-753-0725 or local number +1 786-460-7170 using passcode 9522236. The presentation materials and live call will be available on the company's investor relations website.
FAQ
What is the current stock price of NCR Atleos (NATL)?
What is the market cap of NCR Atleos (NATL)?
