Fintech Scotland seals NCR partnership
Fintech Scotland has sealed a new “strategic partnership” with NCR Corporation, the tech firm best known for its automated cash dispensers.
Bosses at the financial technology organisation said the tie-up would build on NCR’S “strong innovation track record” as a software and services provider with a “long-established heritage” of applying new technology developed through its Dundee discovery centre.
The announcement follows the recent release of Fintech Scotland’s research and innovation roadmap which, developed in conjunction with key players in the financial industry, includes a key focus on the future of payments and transactions and financial regulation.
NCR will join Fintech Scotland and its other 30 strategic partners, including 14 of the largest financial services firms, to drive forward with financial innovation, “transforminghowpeople,communities and businesses engage with money and finance”.
Nicola Anderson, chief executive of Fintech Scotland, said, “We are hugely excited about the strategic partnership with NCR and their dynamic and pioneering approach to developing technology will further accelerate innovation with fintech SMES [small and medium-sized enterprises] and large financial firms in the cluster.”
Colin Payne, corporate vice president, NCR Professional Services, added: “In my experience the value of regional fintech powerhouses is undeniable. In Scotland, this is particularly true given the rich engineering heritage, innovative mindset and history of outstanding customerfocused financial services.”