DAYTON, Ohio — The Banker has named NCR Corp. the winner of its "Fraud Prevention Innovation in Retail Banking" awards category for 2006. The Banker is a leading global banking publication based in London. Independently judged by global financial-industry leaders, the competition recognizes best-in-class innovation and success in financial technology.
According to a news release, 2006 marks the fourth-consecutive year NCR has been named a winner in the competition and the second year such recognition has been awarded for fraud-prevention.
This year, NCR took top honors for its unique security solution for ATM channel software, known as Solidcore for APTRA. This first-of-its-kind approach to controlling the banking-software environment includes countermeasures against potential risks of compromise of the ATM channel, as well as innovative functionality to support regulatory compliance such as Sarbanes-Oxley.
NCR adapted technology first developed and deployed by Palo Alto, Calif.-based Solidcore Systems, developer of IT change control solutions for enterprise, government and original-equipment-manufacturer applications. NCR's Solidcore for APTRA was recognized for providing the best challenge to the criminal element by reducing the need for real-time patch updates and by getting to the heart of fraud, whether perpetrated by internal or external parties.
"Solidcore for APTRA's innovative software and IT protection is an important component of NCR Secure, our holistic approach to self-service channel protection," said Bob Tramontano, vice president of self-service for NCR's Financial Solutions division. "At NCR, we're serious about continuing to help the industry anticipate, plan and implement best-in-class strategies that help maintain consumer trust in the ATM channel."
