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.

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NORTH CANTON, Ohio, June 1, 2010 /PRNewswire via COMTEX/ –Advancing its 150-year legacy of leadership in the financial and self-service and security industries, Diebold, Incorporated (NYSE: DBD) has introduced a comprehensive portfolio of skimming-protection solutions that help financial institutions mitigate card skimming, one of the largest threats against the automated teller machine (ATM) channel worldwide.

Designed to provide effective countermeasures against known skimming attack vectors, Diebold’s ATM Security Protection Suite consists of anti-skimming packages and an industry-leading outsourced monitoring service. The suite offers five levels of protection to proactively guard against increasingly sophisticated card-skimming attacks.

“As a trusted partner and leader in providing ATM security solutions, Diebold is committed to working with our financial-institution partners to help reduce financial losses and maintain confidence in the ATM channel as a whole,” said Chuck Somers, vice president, ATM security and systems, Diebold. “Diebold’s comprehensive portfolio of skimming protection solutions represent an advanced generation of technologies and the most innovative anti-skimming expertise in the industry.”

Skimmers are devices, often undetectable, that criminals attach to ATM card readers to record the information stored on a card’s magnetic stripe – information they subsequently use to create a cloned card and conduct a fraudulent transaction. Diebold’s ATM Security Protection Suite offers five levels of anti-skimming solutions to provide financial institutions with options based on the level of protection required. Level one offers basic protection and includes ATM card reader security features specially designed to deter skimmer attachment.

The second level includes Diebold’s award-winning skimming-detection technology that generates an alert – directed either to the branch alarm system or to the ATM network monitoring system – when a fraudulent device has been added to the terminal.

Protection levels three and four incorporate the latest and most innovative skimming countermeasure in the industry. By emitting an electromagnetic field to interfere with a skimmer’s ability to capture magnetic-stripe data in both motorized and dip card readers, this solution helps prevent the capture of card information. To offer this technology, Diebold has leveraged its self-service and security expertise and has also worked closely with TMD, a Netherlands-based developer of anti-skimming technology.

Protection level five also includes Diebold’s ATM SkimmingAlert Monitoring Service, affording customers maximum protection. This monitoring-based solution provides a real-time line of defense featuring an array of customized messaging and response strategies, such as e-mail alerts and text messages from the Diebold Monitoring Center. The service is currently available for financial institutions in North America.

“Diebold’s anti-skimming solutions are an integral part of Diebold’s ATM Security Protection Suite which takes a holistic approach to self-service security, delivering proactive risk management and protection,” Somers said. “Our goal is to provide peace of mind to financial institutions challenged by fraud at the ATM, by allowing them to mitigate risk, preserve their brand equity and maintain the confidence of their customers.”

The criminal act of card skimming results in the loss of billions of dollars annually for financial institutions and card holders. Card skimming threatens consumer confidence not only in the ATM channel, but in the financial institutions that own compromised ATMs as well. Understanding the constantly evolving threat to ATM security, Diebold advises financial institutions to deploy a multilayered approach to security at the self-service channel. The company stresses that anti-skimming solutions should constitute just one component in an overall ATM fraud prevention plan.

About Diebold
Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 16,000 associates with representation in nearly 90 countries worldwide and is headquartered in Canton, Ohio, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol “DBD.” For more information, visit the company’s website at www.diebold.com, or visit www.diebold.com/150 to learn more about Diebold’s 150-year history.

SOURCE Diebold, Incorporated

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The new Mobile Money ATM solution powered by Wincor Nixdorf delivers an answer to two challenges facing banks: how to squeeze more functionality out of their ATMs; and how to enable transactions via mobile phones.

Together with Sicap, a leading provider of mobile software solutions and a subsidiary of Switzerland’s leading telecom provider Swisscom, Wincor Nixdorf now offers an ATM designed for a range of Mobile Money services, including deposits and withdrawals. Under the partnership, Wincor Nixdorf delivers the terminals together with the company’s server-based software application, and Sicap designs, customizes and implements the service to meet the individual requirements of mobile network operators worldwide.

The solution also has potential applications for banks. Instead of building out their own ATM networks to offer Mobile Money services, they can use their existing ATMs running the Wincor Nixdorf mobile payment solution PC/E Mobile Transaction Services.

For a cash remittance via an ATM, a sender simply enters the phone number of the recipient and a security PIN (personal identification number) on the terminal’s touch screen and inserts the amount into the machine. The recipient can withdraw cash from any participating ATM. Or a bank customer can send the payment instructions via mobile phone, allowing the recipient to pick up the cash at the terminal.

“Demand for these kinds of services will grow as people become more accustomed to using their mobile phones for payments,” said Nicole Sturgill, research director at TowerGroup.

“Mobile Money is a growth market and of particular interest to banks and mobile network operators at the same time,” said Stefan Auerbach, Executive Vice President Banking at Wincor Nixdorf. “Our innovative, cross-sector solution offers banks an opportunity to play an active role in this new market.”

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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.

As the European leader in fund management, France is one of the leading countries for asset management outside the United States. Five French groups are among the 25 leading third-party asset-management providers in the world. BNP Paribas-Fortis, Société Générale, Crédit Agricole and BCPE are among the world’s 10 largest banks in terms of assets, while AXA is Europe’s leading insurance firm.

“The presence in France of major international names, such as Allianz, Barclays, Generali, HSBC, JP Morgan, Swiss Life and BMO-Bank of Montreal, reflects France’s attractiveness in this sector,” says David Appia, Chairman and CEO of the Invest in France Agency.

The Paris financial marketplace offers assistance and support to international financial institutions that wish to develop their activities in the Eurozone, through a range of organisations. Paris Europlace promotes the marketplace’s institutions internationally and participates in European consultation exercises and projects regarding the organisation of financial markets across Europe.

Finance Innovation, the financial-services cluster based in Paris, approves innovative financial projects in areas such as SME funding, the application of IT to finance, financial analysis and information, asset and risk assessment, as well as finance and sustainable development.

Specialist organisations, including the Louis Bachelier Institute (ILB), the European Institute of Financial Regulation (EIFR) and the Europlace Institute of Finance (EIF), undertake international cooperation initiatives in high-value-added fields, in partnership with universities and research centres, as well as with clusters in other countries.

In a constantly changing financial environment, the Paris financial marketplace has become more competitive in terms of regulation, taxation and legislation, to the advantage of companies, investors and savers. Following the French Law for the Modernisation of the Economy (4 August 2008), five rulings issued in 2009 have thoroughly reformed French finance law, addressing, among other things, the ease with which international companies can be listed on the stock exchange, securities law, preference shares, the transparency of financial markets, financial instruments and the drafting of accounting standards.

Further measures, currently being drawn up, will continue to promote financial regulation and supervision, notably to help potential strong-growth sectors emerge, such as carbon trading, social finance and Islamic finance.

About Invest in France

The Invest in France Agency (IFA) promotes and facilitates international investment in France. The IFA network operates worldwide. IFA works in partnership with regional development agencies to offer international investors business opportunities and customized services all over France.

For more information about this press release, please contact Julien Ravalais-Casanova, Director of Communications at the Invest in France Agency in London, on julien.ravalais-casanova ( @ ) investinfrance dot org

For further information, please go to: www.investinfrance.org and www.paris-europlace.net

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(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.

The global mobile payments market is a huge growth area at present, with research indicating that its value will reach US$ 553 billion (AED 2.029 trillion) by 2013. Moreover, there is the huge potential to reach an estimated 364 million unbanked people, who tend to have access to a mobile phone, by agent-networked mobile banking . In the Middle East alone, businesses such as the EIE can tap into 15 million migrant workers in Kuwait, Saudi Arabia and the UAE. As these workers remit 50 percent of their salary home, an estimated sum of US$3.195 billion (AED 11.73 billion) a month , the revenue potential to be gained by mobile enabling transactions is clear.

Humaid Mohammed Humaid Shattaf, Chairman, Emirates International Exchange said, “Our partnership with Luup will aid our expansion in the Middle East. It enables us to increase our business offering, generate new revenue and integrate technological innovation into our channels”

Luup will deploy its cutting edge, white labeled mobile payments platform to enable EIE to reach new target markets and customers, drive brand differentiation and create new revenue streams. The Luup mobile solution will be combined with EIE’s own infrastructure made up of a large ATM presence across the UAE, 16 branches and its international money transfer network.

“We will roll out our banking-grade mobile payments management and hosting service for EIE over the next 4 months, enabling speed to market, ongoing cost-efficiency and quality excellence, reflected for example in high availability and security of services for users,” said Morten Hofstad, Regional Director, Luup. “The deal further underscores Luup’s leadership in the region and expands our remittance gateway offering” he added.

The signing ceremony took place today at at the ICT Solutions for the Future in Media and Mobility seminar, organized by Innovation Norway and Dubai Chamber of Commerce & Industry at the Mina A’ Salam hotel, Dubai.

Luup is a leader in mobile payments solutions and provides business strategies that enable organisations to transform the way financial services are delivered. Luup combines a highly experienced team with innovative technology, giving customers access to new cost-saving and revenue-generating solutions. The company devises strategies for financial institutions such as Deutsche Bank Global Transaction Bank, MoneyGram International and leading UAE bank, the National Bank of Abu Dhabi. Luup has been developing and operating mobile payments solutions since 2002.

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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

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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.

Among the many benefits of NCR’s patented two-sided printing technology (2ST), 2ST improves the efficiency of the receipt printing process by allowing simultaneous printing on both the front and back side of a receipt or other media. By using less paper, 2ST also minimizes environmental impact.

“NCR’s patented printing technology supports the growing demand for environmental stewardship while addressing other key business objectives such as optimizing productivity and lowering costs,” said Dan Bogan, senior vice president and general manager of NCR’s Consumables Division, a leading provider of printer consumables.

NCR is offering commercially attractive licensing terms to other printer manufacturers and paper mills interested in its two-sided thermal-printing technology. For more information on NCR’s licensing program, contact the company at two.sided@ncr.com.

About Hengstler GmbH

Hengstler is a leading European manufacturer of industrial components for counting and control applications, such as counters / timers, encoders, industrial and temperature controllers, relays, and printers and cutters. They have been providing a variety of printers to the worldwide market since the 1960s. Preliminary markets served are banking, transportation, gas dispensers and kiosk applications. Hengstler printers are proven to be successful in the most demanding self-service applications operating in the harshest environments.

About NCR Corporation

NCR Corporation (NYSE: NCR ) is a global technology company leading how the world connects, interacts and transacts with business. NCR ’s assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, entertainment, gaming and public sector organizations in more than 100 countries. NCR (www.ncr.com) is headquartered in Duluth , Georgia .

# # #

NCR is a trademark of NCR Corporation in the United States and other countries.

News Media Contact

Jeff Dudash

NCR Corporation

919.435.6976

jeff.dudash@ncr.com

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The Retailer Protocol joins the Acquirer and the Terminal Management Protocol in the trio of EPAS protocols aimed at standardizing EFT solutions. Wincor Nixdorf was one of the masterminds in particular behind the specification of the EPAS Retailer Protocol, whose technical feasibility has already been proven in a showcase. The EPAS Retailer Protocol has been designed to be used internationally and across all sectors, making it the first European standard for payment solutions that is especially suitable for multinational chain store companies. Due to the strict separation of POS and payment applications, the Retailer Protocol provides flexibility and investment security for all the companies involved, whether retailers, service station operators, POS and EFT solution providers, service providers or banks.

This not only simplifies the integration of existing card-based payment solutions in the POS system, but also of innovative payment methods such as contactless, biometric or mobile solutions. In addition, the high level of security that banks and credit card companies require of their EFT solutions is much easier and faster to achieve with integrated POS solutions.
Wincor Nixdorf has many years of experience in specifying these standards and implementing them in its solutions for international retail companies and service station operators. One example is the O.P.I. interface, which was specified in agreement with the IFSF (International Forecourt Standards Forum) and is an integral part of all POS and store solutions for retailers and service stations.

Wincor Nixdorf sees EPAS as an opportunity for access to an official standard platform for the first time in Europe. “We’ll be implementing the EPAS standard in our solutions as quickly as possible, so that our customers will be able to integrate cashless payment solutions and customer loyalty applications far more easily in the future,” says Leyla Feghhi, who heads up Retail Marketing at Wincor Nixdorf.

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« Cartes Afrique 2010 » est un rendez-vous pour faire le point sur les avancées et débattre les différentes stratégies et opportunités d’expansion du secteur. Des opportunités d’expansions, à caractère régional et en relation avec les nouvelles niches, les dernières Technologies, l’Authentification des moyens de payements et les solutions de fidélisations de la carte seront débattus. En mettant le point sur le Mobile-Payment qui représente l’une des technologies les plus adaptées à la région.

Pendant deux jours de conférences des experts seront présents pour faire le bilan des cinq dernières années, détecter les zones d’amélioration dans les réglementations et présenter les opportunités et le potentiel de développement. Aussi, un espace d’exposition et des ateliers qui seront animés par des développeurs de solutions pour vous éclairer des nouvelles offres adaptées aux consommateurs africains. Les rencontres annuelles depuis 2006, ont réunis plus de 350 représentants d’autorités gouvernementales, experts, et décideurs de l’industrie de la carte à puce en Afrique et à l’échelle internationale.

Source: Tendancemag

Nous vous accueillerons sur notre stand

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