NCR Corp. has unveiled the names for the two independent, publicly traded companies that will form after its planned separation, expected in the fourth quarter of 2023: NCR Voyix and NCR Atleos, according to a press release.

NCR Voyix will be the name of the digital commerce business while NCR Atleos will be the name of the ATM business.

"NCR Voyix will leverage NCR's industry-leading software to continue transforming, connecting and running global retail, hospitality and digital banking technology platforms," NCR CEO Michael Hayford said in the press release.

The "Voyix" name demonstrates the concept of a voyage, which is how customers describe their journeys with NCR. The inclusion of "x" represents the actionable insights delivered to customers and the visual manifestation of the company's ability to "link" the digital and physical worlds.

"The new name for the ATM business, NCR Atleos, reflects the strength of the NCR brand and our success in helping banks and retailers create best-in-class solutions, within and beyond the branch or across their map of expansive networks," Hayford said. "This business will build on NCR's leadership in solutions that enable customers to meet global demand for ATM access while leveraging new ATM transaction types, including digital currency solutions, to drive market growth."

"Atleos," for an atlas or map, speaks to the company's focus on expanding transactions and access worldwide. "At" also nods to the company's past and present history with automated tellers, which combined with "eos," or the dawn of a new era, speaks to NCR's drive to scale ATM as a Service, interactive tellers and future innovations.

Previously, the company's board of directors announced that current NCR Senior EVP and CFO Tim Oliver is designated as CEO of NCR Atleos and David Wilkinson, executive vice president and president of NCR Commerce, is designated to lead NCR Voyix.

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