NCR Corp. said its sales remain strong despite the ongoing turbulence in the financial industry, and its chief executive said the wave of consolidation among banks could further increase revenue, because some of the Dayton, Ohio, automated teller machine maker's customers are among the companies buying up rivals.

"Generally speaking, banks whose consumer strategies have been more reliant on lending are the ones being subsumed now," Bill Nuti, NCR's chairman and CEO, said Thursday during a conference call with analysts to discuss its third-quarter results.

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