Bytes Managed Solutions wins Asian Banker Technology Innovation Award with NCR, Nedbank

Johannesburg, 16 May 2017

Bytes Managed Solutions (Bytes MS), a leading managed digital solutions company in Africa, today announced it has received the 'Best Branch Automation Project' award at the Asian Banker Technology Innovation Awards ceremony.

Bytes MS jointly received the award with NCR Corporation (NYSE: NCR), its technology partner and a global leader in omni-channel solutions, and Nedbank (JSE: NBKP), a long-standing customer and one of the largest banks in South Africa, in recognition of the collaborative implementation of an interactive teller solution for the bank.

The awards programme, which recognises technology innovators in an increasingly competitive marketplace, is managed by a team of research analysts from Asian Banker Research, with expertise in the banking industry in Asia, Middle East and Africa. The evaluation criteria are set out and form part of a rigorous and transparent process vetted by leading practitioners, independent advisors and an international panel of industry experts.

According to Jose Simoes, Senior Manager BD Financial Services at Bytes MS, the award illustrates the value that Bytes MS, NCR and Nedbank are bringing to market.

"We are honoured to have received this recognition, together with NCR and Nedbank, as it proves that our next-generation digital technologies and services are enabling our customers to effectively deliver their offerings to end-consumers in South Africa and Africa, while maintaining their relevance in an increasingly digital world."

"This award validates our solutions that help banks transform and optimise their customers' branch visit experience," said Dimitri Kanellopoulos, Country Manager, NCR South Africa. "We will continue to innovate and deliver next-generation omni-channel technologies to transform the way consumers connect, interact and transact with businesses."

The award-winning NCR technologies include NCR Interactive Teller, which allows a live teller to take remote control of an ATM to assist customers with up to 90% of transactions typically completed by tellers inside a branch. NCR was also recognised for NCR Interactive Banker, a technology that allows banks to leverage intuitive tablet enterprise technology to turn smart data into exceptional customer service.

"The move to NCR's innovative branch transformation solutions has enabled us to deliver exceptional banking experiences, and encourages us further to introduce other innovations that optimise banking for our customers," said Preni Naidoo, Executive, Self Service Banking at Nedbank.

The awards were presented in conjunction with the 'Future of Finance Middle East and Africa Convention', in Dubai, UAE, on 20 April 2017. The ceremony featured elite bankers and fintech companies from across the region.

Bytes Managed Solutions

Bytes Managed Solutions (Bytes MS) is a services led, software driven and hardware enabled organisation that markets, supports and maintains enterprise-wide, end-to-end digital solutions and related services that enable medium to large enterprises to effectively deliver their offerings to end-consumers in South Africa and Africa. Bytes MS leverages on partnerships, thought leadership and capabilities to deliver world-class integrated digital solutions through a strategic and focused approach, enabling its customers to achieve their growth and success.

Bytes MS is the exclusive distributor for NCR products in South Africa.

Bytes MS delivers solutions and managed and professional services to clients in the financial, retail, petroleum, oil & gas, hospitality, gaming, insurance, telco and media, public sector and health industries. These services are backed up by an evolving and extensive service footprint, supply chain, logistics and service management system. Bytes MS supports in excess of 1 200 000 devices in more than 46 500 locations throughout South Africa and sub-Saharan Africa.

Allied Electronics Corporation

Allied Electronics Corporation (Altron), through its principal subsidiaries, Allied Technologies (Altech), Bytes Technology Group (Bytes) and Power Technologies (Powertech), is invested in telecommunications, power electronics, multimedia and IT. The Altron group employs more than 12 000 employees globally.

Nedbank

Nedbank Group is one of South Africa's four largest banking groups by assets and deposits, with Nedbank being its principal banking subsidiary. Nedbank provides a wide range of wholesale and retail banking services and has a growing insurance, asset management and wealth management offering through four main business operations, namely Nedbank Corporate and Investment Banking, Nedbank Business Banking, Nedbank Retail and Nedbank Wealth. For more information, visit www.nedbank.co.za.

NCR Corporation

NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware and portfolio of services, NCR enables nearly 700 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Georgia, with over 30 000 employees, and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.

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