Internship
NCR Voyix
5,001-10,000 employees
Digital commerce solutions for retail and restaurants
No salary listed
Company Does Not Provide H1B Sponsorship
Scotland, UK
The internship is currently virtual, but will transition to a hybrid model in Scotland in the future.
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- Currently pursuing or holding a Bachelor’s Degree in Computer Science or a related technical field.
- Understanding of software design and development using Java is a plus, but not essential.
- Familiarity with Scrum Agile development environments.
- Good communication, teamwork, and collaboration skills.
- A proactive attitude, staying current with technology trends.
- Ability to challenge the status quo and drive process improvements.
- Strong problem-solving skills and the ability to provide input to requirements analysis.
- Collaborate closely with software engineers, architects, analysts, scrum masters, and product owners in small Scrum teams.
- Contribute to evolving our agile processes and methodologies.
- Work with our primary technology stack, Java, while exploring the potential of data, machine learning, and generative AI.
- Engage in a project that spans the complete software lifecycle, delivering end-to-end solutions that leverage data and AI.
- Develop solutions that will be actively used by our teams to enhance our operations, solutions, and customer experience.
- Understanding of software design and development using Java is a plus, but not essential.
NCR Voyix provides digital commerce solutions specifically designed for the retail and restaurant sectors. Their offerings include a range of software as a service (SaaS) products and services that help businesses enhance their operations and customer experiences. These solutions are platform-led, meaning they integrate various functionalities into a single system, making it easier for businesses to manage their sales, inventory, and customer interactions. What sets NCR Voyix apart from its competitors is its focus on creating comprehensive systems that cater to the unique needs of retail and restaurant environments, rather than offering generic solutions. The company's goal is to transform how these industries operate by providing tools that improve efficiency and customer engagement.
Company Size
5,001-10,000
Company Stage
Acquired
Total Funding
$2.5B
Headquarters
Cambridge, Massachusetts
Founded
1884
Simplify's Take
What believers are saying
- Rising demand for AI-driven fraud detection presents growth opportunities for NCR Voyix.
- Enterprise spending on generative AI increased sixfold, offering market potential for NCR Voyix.
- AML and KYC compliance importance allows NCR Voyix to enhance its compliance solutions.
What critics are saying
- TD Bank's AI center expansion may intensify competition for AI talent and innovation.
- Shastic and MeridianLink's partnership increases competitive pressure on NCR Voyix's AI offerings.
- OpenAI's revenue goals could lead to heightened competition in AI-driven solutions.
What makes NCR Voyix unique
- NCR Voyix offers unique digital commerce solutions for retailers facing shrink issues.
- The company provides advanced biometric payment solutions not easily developed in-house by retailers.
- NCR Voyix's platform includes camera systems for fraud detection in self-checkout environments.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
401(k) Retirement Plan
Company News
TD Bank Group will open a new office in New York City for its artificial intelligence (AI) research and development center, Layer 6, later this year.With this new office, Layer 6, which currently operates from its head office in Toronto, will grow to more closely support the bank’s U.S. operations and access an expanded pool of talent, TD Bank Group said in a Tuesday (April 22) press release.“Our U.S. expansion of Layer 6 underscores our commitment to deepening our presence in New York City and investing in the future of innovation,” TD Bank President and CEO Leo Salom said in the release. “The new Layer 6 office establishes a strong foundation for advancing our GenAI capabilities and bringing critical expertise and delivering in-house.”When it opens, the new office will house 20 data scientists, applied machine learning scientists, GenAI implementation specialists and others, according to the release.The bank’s deployment of AI technology focuses on both personalization for customers and streamlined process execution within the business, the release said.These efforts are driven by Layer 6, which TD Bank Group acquired in 2018, per the release.Luke Gee, chief analytics and AI officer at TD, said in the release that the expansion of Layer 6 is the next major step in the company’s efforts in banking innovation.“With recent advances in areas like generative AI, we continue to leverage the potential of this game-changing technology through the work of colleagues across the bank, with Layer 6 continually driving thought leadership and breaking new ground,” Gee said.Nearly all banking boards have approved generative AI initiatives, according to the PYMNTS Intelligence and NCR Voyix collaboration, “Is AI the Master Key to Banking’s Next Era?”The report found that 72% of finance leaders actively use AI in their operations, with its applications ranging from fraud detection (64%) to customer onboarding automation (42%).When TD Bank Group acquired Layer 6 in 2018, the bank described the Toronto-based AI company as “a global thought-leader and pioneer in the delivery of responsive, personalized and insight-driven experiences for the financial services industry.”
Bank-FinTech relationships are likely to drive the integration of GenAI into banking, Federal Reserve Governor Michael S. Barr said Friday (April 4).The integration and innovation will be driven by both competition and cooperation, Barr said in a speech prepared for delivery at the Federal Reserve Bank of San Francisco.“As GenAI technology continues to develop, there’s a good chance that FinTechs will help drive widespread GenAI adoption in financial services,” Barr said.FinTechs can generally integrate the latest AI capabilities because they don’t have old infrastructure into which they would have to integrate it, they have financial and time constraints that drive them to use cutting-edge technology for quick solutions, and they have a single product for which they can optimize their tech stack, Barr said.“These attributes of FinTechs can make them symbiotic with banks,” Barr said.Banks have the deep customer data needed for large language models (LLMs), the ability to look across a range of business lines, and the customer relationships and control frameworks that support credibility and trust, Barr said.The qualities of FinTechs and banks mean that they may form collaborative partnerships that bring together their strengths, or they may compete in a way that drives banks to adopt GenAI applications more quickly, Barr said.In either case, as GenAI begins to enter the regulated sector, bank risk managers and regulators must become familiar with the technology so that they are ready for its arrival, Barr said.“These changes will require broad-based curiosity from regulators, FinTechs and banks — combined with education and investment — to create a culture of awareness on the opportunity and risks of the technology,” Barr said. “Equally as important is leadership, to establish appropriate governance over AI and provide appropriate direction on priorities.”While AI tools have the potential to revolutionize the financial industry, banks face significant hurdles in effectively integrating these tools into their systems, according to the PYMNTS Intelligence and NCR Voyix collaboration, “Is AI the Master Key to Banking’s Next Era?”The report also found that banks can drive innovation and facilitate AI adoption by forming alliances with FinTech companies
Retailers’ desire for greater efficiency and for solutions to shrink is helping drive sales of digital commerce solutions, NCR Voyix reported Thursday (Feb. 27). “Shrink continues to be a significant issue in grocery or any self-checkout environment,” Darren Wilson, executive vice president and president, retail and payments at NCR Voyix, said Thursday during the company’s quarterly earnings call. “So, there is a lot of interest in helping retailers improve both their efficiencies and their losses, and we have the product range and solutions range to cover that.”. The company’s platform can enable shrink solutions like camera systems that capture inadvertent or deliberate fraud and biometric payment solutions, both of which are too expensive and challenging for most retailers to develop in-house, Wilson said
Digital commerce solutions firm NCR Voyix has chosen a new chief executive.James G. Kelly, who had been serving as chair of the company’s board, has been named its president and CEO, NCR Voyix announced Wednesday (Feb. 5).He succeeds David Wilkinson, who is stepping down as president and CEO and from his seat on the NCR Voyix board, the company said in a news release.“Jim is a proven customer-centric business leader with deep experience in technology and payments. He has been a valuable board member and chair since the spin-off of our ATM-related businesses in 2023 and drove the sale process of our digital banking business last year as executive Chair,“ said Kevin Reddy, the company’s non-executive chair.“He brings more than 25 years of executive leadership and has the right experience, judgment and urgency to steer NCR Voyix into its next phase of growth at this pivotal moment.”Prior to joining the board, Kelly spent 12 years as CEO of EVO Payments before it was acquired by Global Payments in 2023. He also held a number of leadership roles at Global Payments, including president, chief operating officer and chief financial officer.“I’m looking forward to working closely with our management team, our valued employees and our customers as we continue to drive increasing value to our customers and our shareholders,” Kelly said in the release.“With the divestitures and restructuring efforts largely behind us, our focus shifts to the growth of our business as a product-led software and services company. I’ve greatly enjoyed learning from and working with David over the last year and also thank him for his contributions to the company’s success.”PYMNTS Intelligence and NCR Voyix collaborated last year on the report “Is AI the Master Key to Banking’s Next Era?” That report explored the potential impact of artificial intelligence (AI) on the future of banking.“AI’s potential to revolutionize the financial industry is evident across various applications,” PYMNTS wrote last fall.The report found 72% of finance leaders say they are actively using AI in their operations, with applications including fraud detection (64%) to customer onboarding automation (42%).“The enthusiasm for AI doesn’t stop there; nearly all banking boards have approved generative AI initiatives, reflecting a recognition of its strategic importance,” PYMNTS added
Rising inflation and stagnant incomes are forcing many Americans to reconsider their financial stability, prompting a surge in demand for personal finance advice. Economic headwinds are leaving people worried about their financial future, leading more individuals to seek planning support. The PYMNTS Intelligence report, “Navigating Financial Uncertainty: Whose Advice Do Americans Trust?,” in collaboration with NCR Voyix, reveals nearly two-thirds of consumers now live paycheck to paycheck. Among them, 72% claim that their income has not kept up with inflation. As a result, 57% of Americans sought personal finance advice in 2023, and nearly three-quarters of those who have never received financial planning advice are now open to the idea, with more than half planning to seek advice in the next three years