Archive for the ‘news’ Category
GRG Banking announces solution to streamline cash handling
GRG Banking Equipment HK Co. Ltd., a subsidiary company of GRG Banking, has announced the availability of a new cash intelligence solution, which includes cash recycling systems H68N/H68NL, bulk cash deposit system P2801L and a new software platform.
According to a company release, GRG Banking’s end-to-end solution, which enables multiple manual processes to be automated, is aimed at optimizing the entire cash supply chain from front to back-office so that bank and retail employees will no longer come frequently into contact with cash.
At the core of the solution is an intelligent cash cassette, which is equipped with on-board smart chips. The memory chips store and carry a variety of information, such as how many notes are contained in the cassette, note currency or denomination and access history and error codes. As a result, these intelligent cassettes enable fast exchange of cash; for example, the cash taken from a retail store can be transferred directly to a nearby ATM, eliminating the need for taking cassettes to a CIT operator’s cash center and counting the cash there.
Software applications are also provided and controlled by a centralized cash cycle management base, which supports multi-institutional reports for dispute processing and account reconciliation.
Paris Financial Marketplace Offers Array Of Cutting-Edge Services
(1888PressRelease) April 20, 2010 – France’s attractive regulatory environment and great variety of institutions in the financial-services sector – supervisory and regulatory authorities, trade associations, banks, insurance firms, brokers, issuers and stock exchange operators – offer a network that is conducive to expanding investment banking, asset management, real-estate lending and consumer-credit activities, as well as pension funds.
The Paris Stock Exchange – an integral part of Euronext, the pan-European stock exchange and a division of transatlantic group NYSE Euronext – is now the leading stock exchange in the Eurozone in terms of transaction volumes and market capitalisation. The Paris financial marketplace is also a key location for Euro-markets and Europe’s leader in the commercial paper and corporate bond markets. Read the rest of this entry »
LUUP and Emirates International Exchange to Roll Out Comprehensive Mobile Wallet and Remittance Offering in the UAE
Signing ceremony for agreement held during the visit of HRH Crown Prince Haakon of Norway to the UAE.
(1888PressRelease) April 16, 2010 – Dubai – Luup International Ltd., a leading mobile payments solutions provider of Norwegian origin, and Emirates International Exchange (EIE), a leading exchange house in the United Arab Emirates (UAE), today signed an Agreement to roll-out a mobile phone based payroll solution. It will enable migrant and local workers’ wages to be paid onto a mobile wallet or a mobile-enabled payroll card. The mobile wallet and card holder will then be able to withdraw cash at EIE locations in the UAE and make mobile remittance transactions through the Luup mobile remittance gateway.
The signing ceremony was held in the presence of HE Trond Giske, Minister of Trade and Industry of Norway and member of the high profile delegation with HRH Crown Prince Haakon of Norway. The delegation is on a two-day visit to strengthen ties between Norway and the UAE. Read the rest of this entry »
Global ATM Maintenance, repair and operations (MRO) LinkedIn Group
Dear visitor,
you have found this website and you are here right now because you have a close link to the ATM industry.
I propose you to get into closer contact with other professional in the banking sector.
Come and join my group at Linkedin:
Global ATM Maintenance, repair and operations (MRO)
This group is for ATM pro’s in both, technical and sales+buyers position. If you are desperately looking for a hint or an ATM item – you are welcome. If you want to discuss the ATM market – join us.
You are welcome to join my second group too:
ATM Spare Parts Finder
a subgroup of Global ATM Maintenance, repair and operations (MRO)
You are looking for Automated Teller Machine spare parts? You want to offer some ATM spare parts? This is your group!
You will find a strong network of people that are in the same industry than you. You may join these groups for free, there are no costs.
Hoping to meeting you soon at LinkedIn!
Best regards,
Ulrich Rosenbaum
Hengstler GmbH licenses NCR’s innovative two-sided thermal printer technology for worldwide use
Simultaneous printing on back and front reduces costs and benefits environment
Duluth, Georgia – Hengstler GmbH, a leading European manufacturer of industrial components, including a wide range of printers and cutters, has signed an agreement to license two-sided thermal printing technology from NCR Corporation (NYSE: NCR). This license gives Hengstler the ability to make, use and sell two-sided thermal printers under NCR’s two-sided thermal printing intellectual property worldwide to customers for its banking, transportation, gas dispensing and kiosk applications.
“As a worldwide leader of thermal printing solutions, we at Hengstler are excited to be able to offer this innovative new printing technology to our customers as two-sided printing will help reduce paper consumption,” said Jochen Feiler, Vice President of Hengstler’s Global Business Unit Core Products.
Change of webhosting company
Dear friends and visitors!
Tonight I have transferred cashotec.com to another webhoster.
Due to this action I have to rebuild some services of cashotec.com.
I will add some new features and a new template very soon.
Stay tuned!
Best regards,
Ulrich Rosenbaum from cashotec.com
Sicap and Wincor Nixdorf unveil new ATM mobile money solutions
Today at Mobile World Congress 2010, Sicap, the Swisscom owned mobile solutions pioneer, and Wincor Nixdorf, the leading Automated Teller Machine (ATM) manufacturer and IT solutions provider to the retail banking sector, unveiled ATMs specially designed for unprecedented mobile money services, including cash-in / cash-out transfer facilities. Jointly designed and developed by Sicap and Wincor Nixdorf to install in retail outlets or offsite prime locations, the machines are set to kick-start the usage of ATMs for mobile network operators and mark an important evolution in how mobile customers interact with their operator.
“Being first to market with an m-transaction ATM confirms our pioneering spirit, our server-side expertise and our ability to deliver user-friendly services in their regional context. We are proud to partner with Wincor Nixdorf as a reputed leader in ATM technologies to achieve this.” said Jürgen Samuel, Sicap CEO
Mr. Stefan Auerbach – Executive Vice President of Wincor Nixdorf Banking added that “mobile money solutions powered by Wincor Nixdorf financial services expertise will give operators a clear competitive advantage and customers a consistent and worthwhile service experience. With its expertise in the network operator market, Sicap is an ideal partner for Wincor Nixdorf to expand our successful multichannel software approach to the benefit of mobile carriers.” Read the rest of this entry »
Wincor Nixdorf: New technology automatically means better security and lower cash handling costs
New solution portfolio for cash cycle management
Cash continues to be the number one payment medium. “Nine of ten payment transactions worldwide are made with cash. Our estimates show that this creates more than 300 billion dollars in costs, primarily for banks and retail businesses,” explains Eckard Heidloff, President and CEO of Wincor Nixdorf, at the opening of Wincor World 2010. The number of euro banknotes alone is growing at the rate of nine percent yearly according to the European Central Bank. On the whole, cash handling in Europe costs approximately 50 billion euros every year. Thus Heidloff presented a solution portfolio as the kickoff to Wincor World that makes the most of the common ground in cash handling processes at retail companies and banks, and takes a completely new approach. The portfolio, which Wincor Nixdorf is marketing under the name “Cash Cycle Management Solutions”, enables manual processes to be automated, with the result that bank and store employees no longer come into contact with cash. The results: maximum security, the greatest possible transparency, better processes and cost reductions of more than twenty percent.
Heidloff emphasized that Wincor Nixdorf continues to be a reliable and stable solution partner to banks and retailers. To be sure, the Group’s sales fell by six percent and its EBITA by thirteen percent year-on-year in the first quarter of the new fiscal year 2009/2010. And Heidloff added that Wincor Nixdorf expected sales and operating income to be down somewhat for the fiscal year as a whole, but not by more than in the last fiscal year 2008/2009, when sales fell by three percent and income by thirteen percent. The company’s objective is to remain stable throughout the crisis, while preparing for when the economy recovers in strength. Read the rest of this entry »
NCR grows services unit to power two million points of service worldwide
January 26, 2010
World’s largest ATM provider, largest self-checkout provider, largest healthcare self-service provider also one of top services providers for banks, retailers and other businesses
Duluth, Ga. – NCR Corporation (NYSE: NCR), best known as the world’s leading ATM provider for 23 consecutive years and the top provider of self-checkout technology for retailers, has vaulted into one of the top services providers for businesses in retail, financial, travel, healthcare, hospitality, entertainment, gaming and public sector. At the beginning of 2010, NCR’s 13,000 services professionals were helping power more than two million consumer points of service around the world, including ATMs, point of sale, self-check in at healthcare providers and airlines, and other multi-vendor self-service technology.
Beyond first- and second-line maintenance, NCR now provides a broad portfolio of higher-end managed services on more than 500,000 points of service for businesses worldwide, for services such as remote monitoring and incident management, cash management and software management. NCR processes more than $200 billion of hosted transaction value annually through its software hosting services, and online banking. These services take place in more than 3,000 separate locations in 110 countries, making NCR the only ATM manufacturer that is providing managed services on six continents.
Westpac New Zealand Signs Nine-Year, Multimillion Dollar Technology Deal with NCR
(Source: Business Wire)
By June 2010, more than 400 devices — 80 percent of the bank’s network – will be replaced with next generation NCR SelfServ ATMs, helping the bank reduce costs and improve customer service. In its new community branches, Westpac will deploy the NCR Teller Cash Recycler (TCR) solution, which promotes more face-to-face contact between customers and staff. Read the rest of this entry »