Payments

NCR mulls selling digital banking business

Image: Adobe Stock.

May 23, 2023

NCR Corp., which has already announced plans to split into two companies in the fourth quarter, is considering the sale of its digital banking business, according to a Reuters report, citing sources familiar with the matter.

The company, according to unnamed sources, has held talks with financial advisers about the sale, which could be worth in excess of $2 billion.

Digital banking provides software to more than 600 credit unions and banks within NCR's digital commerce division.

A company spokesperson declined to comment to this website on the report.