Fintech Scotland announces partnership with NCR Corporation

FinTech Scotland the cluster management body, ‘Cluster Management Organization,’ has announced a new strategic partnership. NCR Corporation, a leader in enterprise technology providers to advance innovation for financial institutions.

The partnership builds 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 ground-breaking RESEARCH AND INNOVATION (R&I) 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 has been providing innovative solutions to consumers and businesses for more than 130+ years. NCR, which has expertise in digital banking, payments and strategic advisory services will be joining FinTech Scotland and the other 30 strategic partners, 14 of the most prominent financial service firms, to promote a customer-led and digital-led financial innovation that transforms how individuals, communities, and businesses interact with money and finance.

FinTech Scotland will be the cluster management body for national strategic partnerships. It will also work closely with NCR, Dundee’s major employer, and its 600-strong team of financial experts to explore new innovation opportunities with fintech companies and financial institutions.

Nicola Anderson is Chief Executive at FinTech Scotland. “We are hugely excited to about the strategic partnership with NCR and their dynamics and pioneering approach to developing technology will further accelerate innovation with fintech SMEs and large financial firms in the cluster. Our industry-driven, action-orientated R&I Roadmap will provide the ideal framework to advance new financial services innovations with NCR and we look forward to the collaboration with the NCR team in Dundee as well as the USA and across the globe”.

Colin Payne, corporate vice-president, NCR Professional Services, said “In my experience the value of regional fintech powerhouses is undeniable, bringing raw talent and passion into the space and guiding the development of next-generation financial businesses. In Scotland, this is particularly true given the rich engineering heritage, innovative mindset and history of outstanding customer-focused financial services – this unique combination brings us a new generation of powerful fintechs. Fintech Scotland is our proud partner and we are thrilled to help support the scaling these innovative new solutions.
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