|By Business Wire||
|April 11, 2012 01:59 PM EDT||
NCR Corporation (NYSE: NCR) today announced that Bank of New Zealand (BNZ), one of the largest banks in New Zealand, has deployed NCR Predictive Services, a unique solution that predicts failures before they occur, across its ATM network.
NCR Predictive Services predicts errors at the ATM before they occur, helping financial institutions keep their fleet up and running. (Photo: Business Wire)
Designed for self-service technologies such as ATMs and retail self-checkouts, the solution has enabled BNZ to reduce the downtime of its ATMs by a third. Across its more than 450 ATM fleet, that equates to serving customers for an extra 20,000 hours each year.
Paul Johnson, channel manager, ATM and self-service, Bank of New Zealand, said, “With NCR Predictive Services, BNZ is nudging 99 percent availability, a figure beyond what is widely accepted in the ATM industry as ‘world class’.
“That has enabled us to deliver a better service to our customers for a lower cost, while working to deliver the highest levels of service and convenience of any self-service network in New Zealand.”
Via a software agent on each device, NCR Predictive Services collects more than ten times the typical amount of operational data from the network, including from individual components within each ATM, such as the card reader, receipt printer and cash dispenser.
Detailed error messages from these components, which go unseen in traditional ‘break/fix’ maintenance offerings, identify that a problem is likely to occur. This enables preventive action to be taken before the fault puts the machine out of service. The precise, component-level diagnosis also means that engineers are dispatched with the right parts and tools so problems are nearly always fixed first time, reducing downtime still further.
Johnson explained that, before NCR Predictive Services was deployed, every ATM that a second-line engineer was dispatched to would be out of service when the engineer arrived. “Depending on the location and the type of problem, an ATM might have been down for hours, creating a negative brand experience for maybe hundreds of our customers who would have been denied their transactions.
“Now, in about 40 percent of cases, the ATM is still up and running when the engineer arrives.” That has improved the BNZ brand experience, making it easier to attract, engage and cross-sell to customers through its ATMs.
Chris Askew, senior vice president, NCR Services, said, “The promise of consumer self-service is to enable a successful interaction every time. NCR Predictive Services is helping BNZ delight its customers with a positive, predictable experience for consumers whenever they need self-service banking.”
Paul Johnson said, “NCR Predictive Services is one of the best innovations I’ve seen in the last fifteen years. It’s a game changer. By gaining greater visibility of our self-service channel, we have established a strong competitive edge through a superior customer experience.”
NCR Predictive Services is deployed in thousands of self-checkout lanes and ATMs around the world, helping companies maximize the availability of critical, customer-facing technologies and enhance the consumer experience.
About Bank of New Zealand
Bank of New Zealand (BNZ) is one of New Zealand’s largest banks and has been operating continuously since its first office was opened in Auckland in 1861. Today it operates as a subsidiary of National Australia Bank and employs over 5,000 people in New Zealand. With over 170 stores and a network of more than 450 ATMs, BNZ offers a full range of financial services to almost a million customers.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a global technology company leading how the world connects, interacts and transacts with business. NCR’s assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, hospitality, entertainment, gaming, public sector, telecom carrier and equipment organizations in more than 100 countries. NCR (www.ncr.com) is headquartered in Duluth, Georgia.
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NCR is a trademark of NCR Corporation in the United States and other countries.
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