10th RETAIL & GDO FORUM
On November 23rd and 24th CIMA will be present at the 10th RETAIL & GDO FORUM, which will be held at Hotel Meliá, via Masaccio 19 Milan. During this event the company will be exhibiting its main new products targeted at the Retail and large-scale distribution industry.
A NEW INTERNATIONAL SUCCESS
We are glad and proud to announce the signing of an important framework agreement with a major Southafrican bank for a first order of 150 CDS 707 devices, the new deposit unit manufactured by CIMA for the retail sector. It is a strategic target which we hope will represent the first successful step for our company into this new and promising market.
CIMA S.p.A and NCR Sign Global Agreement to Provide Teller Assist Cash
Recycling Technology, Designed to Optimize Teller Efficiency
Newest offer speeds over-the-counter deposits and withdrawals
MIRANDOLA (MO), Italy
CIMA SpA announces the expansion of its branch
optimization portfolio by signing a multi-year technology license agreement with NCR
Corporation. NCR will leverage its manufacturing, customer services and sales and marketing
breadth to bring CIMA's TCR for AST7000NT to the global marketplace.
TCR technology helps improve branch efficiency and customer service levels,
cornerstones of all retail bank branch strategies today. The ultra-compact AST7000NT
automatically authenticates, counts, stores and makes available deposited currency notes, which
are then recycled back to customers over the teller counter. With today’s labor-intensive cash
counting process, it is not uncommon for a banknote to be counted by hand at least six times on
its journey from the vault through the branch. As much as two-thirds of a teller’s daily
processing time can be reduced using the TCR technology.
The AST7000NT offers the optimum mix of a high cash capacity, coupled with a small,
branch-friendly footprint. The units will be offered as a component of NCR’s branch
optimization portfolio, further extending NCR’s commitment to branch banking.
Vittorio Razzaboni, managing director of CIMA, said, “This is a long-term agreement
which demonstrates our commitment to remaining experimenters and pioneers in teller assist
cash recycling, as well as NCR’s confidence in the CIMA product. CIMA has installed more
than 5,000 Teller Assist Cash Recyclers at leading banks throughout Europe and this is an ideal
time to bring this solution to a wider audience.”
Brian Bailey, vice president of global marketing for NCR’s Financial Solutions Division,
said, “From the moment a financial customer steps into a branch or deals with their bank through
other remote channels we want to make that experience a superior one. As we continually
innovate to improve the financial consumers overall banking experience, we believe that
technology solutions such as CIMA’s TCR , are crucial. We now bring CIMA’s market-leading
technology to the global market, creating incremental synergies through NCR’s global supply
line and manufacturing capability, in combination with our unique High Availability services.”
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading global technology company helping
businesses build stronger relationships with their customers. NCR’s Teradata® data warehouses,
ATMs, retail systems, self-service solutions and IT services provide Relationship Technology™
that maximizes the value of customer interactions and helps organizations create a stronger
competitive position. Based in Dayton, Ohio, NCR (www.ncr.com) employs approximatively
29,500 people worldwide.