NCR Corporation invested an undisclosed sum in uGenius Technology, a US-based video banking company.
In 2011, NCR and uGenius worked together to build an Automatic Teller Machine (ATM), which lets customers talk with their tellers on-line.
Michael O’Laughlin, senior vice president, NCR Financial Services, said: "In five years, bank and credit union branches will look nothing like they do today. We are on the verge of a dramatic reshaping of the consumer experience in the branch. Technology will play a powerful role in making that environment better and more convenient for consumers, while becoming more cost effective for financial institutions. We have already seen significant interest from financial institutions around our joint solution with uGenius, called the NCR APTRA® Interactive Teller, and this investment strengthens our relationship with them."