NEW ORLEANS - Citibank has agreed to purchase $30 million of automated teller machine hardware and software from NCR Corp. over four years, the vendor announced Wednesday at the Bank Administration Institute's Retail Delivery conference.
In addition to self-service hardware and software, NCR said, it will also have the chance "to supply Citibank with a variety of services."
Alan Stevens, director of North American technology and distribution services for Citibank, said the bank is "happy to continue our successful working relationship with NCR" and that Citi plans "to use our self-service touch-points to reduce our service delivery costs, offer new products and services, and enhance the overall banking experience for our customers."
NCR called the deal "a major endorsement" of Citibank's Catalyst application software platform, which was developed by Citi and gives customers a customized, easy-to-use interface.
