With FinovateAsia just over a week away (and tickets still available!), you’ll forgive us for having fintech-in-Asia on our minds. But the news that NCR has signed a deal with the largest financial institution in India to deploy more than 7,000 ATMs throughout the country over the next seven years is a great reminder of India’s role in the growth of Asian fintech.

The $50 million agreement will help State Bank of India (SBI) expand its ATM network of more than 57,000 machines in more than 4,500 locations throughout the country. In their announcement, NCR emphasized that the SelfServ 22e ATMs were “conceptualized and ‘Made in India’ specifically for the Indian market” with high transaction-volume capacity and space-saving design geared toward use in underbanked communities in rural areas. To this end, the machines minimize power use and paper waste through low-energy LED lighting and fixed receipt lengths, as well.

The ATMs also feature NCR’s proprietary anti-skimming technology. “The ATM is increasingly becoming a global target for crime,” says Navroze Dastur, managing director of NCR India. He noted that the ability to defend against card data breaches and provide real-time notifications “will help SBI protect its brand reputation and strengthen consumer loyalty.”

With 2016 revenues of $41 billion and assets of $300 billion (2015), State Bank of India is a government-owned FI, founded in 1955, and based in Mumbai, Maharajahtra. SBI has more than 18,000 branches in India, and is one of the country’s largest employers with more than 290,000 workers on staff.

Founded in 1884 and headquartered in Duluth, Georgia, NCR demonstrated its Transaction Data Manager at FinovateSpring 2016. Last month, the company introduced its cloud-based developer portal, and unveiled its new business banking app. Also in October, NCR partnered with MX to launch a new data-driven money-management platform for FIs, NCR Money Management.

If you are a community bank or credit union, then there’s a lot to like in the launch of Business Banking Mobile from NCR. The app brings the SaaS banking services platform to the mobile channel, giving small-and-medium FIs the ability to offer their business customers a range of services via iOS and Android devices. The solution features the user experience of Digital Insight’s Mobile Banking Apps, ensuring a familiar, retail feel, and includes TouchID and EyePrint ID biometric authentication options.

Speaking for Harborstone Credit Union (Tacoma, Washington), where the technology is in beta testing, VP of Marketing and Digital Experience Ken Bloomfield called the app “in direct alignment” with Harborstone’s commitment to providing an omnichannel experience for its business customers. SVP of Marketing Jim Huff, whose El Paso, Texas-based FirstLight FCU is piloting the new mobile app, highlighted the features that will be available to its businesses, including fund transfer, wire-transfer approval, and account notifications. He says the combination of NCR and Digital Insight helped “ensure that the product continues to evolve as financial technology evolves.”

Left to right: Shuki Licht, senior enterprise architect at NCR, and Kimberly Preto, director of business development and alliances at Digital Insight, demonstrated Transaction Data Manager at FinovateSpring 2016.

Headquartered in Georgia, NCR demoed its Transaction Data Manager at FinovateSpring 2016. A specialist in consumer-transaction technology, NCR facilitates more than 550 million transactions a day in verticals ranging from financial services and small business to travel and telecom. Earlier this month, the company announced its partnership with six-time Finovate Best of Show winner MX with the launch of a new data-driven money-management platform, NCR Money Management. MX CEO Ryan Caldwell suggested that the collaboration, which began in the spring of 2016, was the start of an enduring partnership between the two companies. “We look forward to innovating together for many years to come,” Caldwell said.

NCR also announced a handful of development initiatives over the summer, launching a joint research effort into ATM and retail banking technology with Wells Fargo and opening a new innovation lab at its new global headquarters in Atlanta. Bill Nuti is president, CEO, and chairman.