Peoples Bank of Alabama in Cullman, Ala., is launching 30 of NCR Corp.'s SelfServ automated teller machines that use scalable deposit module technology.
Scalable deposit modules allow customers to deposit checks and cash at the same time through a single slot. NCR said in a press release Monday that this technology will make ATM deposits faster and easier for customers.
The $496 million-asset bank also will run other NCR software including NCR Aptra Passport across its ATM network. This technology integrates ATM deposit transactions with their item processing provider for deposits review and validation.
NCR said this will decrease Peoples Bank of Alabama’s back-office costs for processing these transactions and makes transactional information available almost immediately for review.