11Jan
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The 1200th GRG ATM in Turkey will be put online for
Ziraat Bank in Jan 2012, by Altus, GRG’s internal partner in
service. The bank expects to finish a designation of
some 1500 GRG ATMs by Feb 2012.
T.C. Ziraat Bank is a biggest state owned bank of
Turkey in terms of network, patron base, resources and
profitability.
, a run one. As a self-service money appurtenance to
yield withdrawal, deposit, banking exchange, check payment,
silver sell and other services, it uses money recyclingArticle source: http://www.4-traders.com/GRG-BANKING-EQUIPMENT-CO-6499814/news/GRG-BANKING-EQUIPMENT-CO-LTD-1200th-GRG-ATM-to-Put-Online-in-Turkey-13965081/
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21Dec
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(1888PressRelease) December 21, 2011 – According to a agreement sealed in Apr 2011, Ziraat Bank (T.C. Ziraat Bankas? A.?.), Turkish’s largest state bank, had purchased some-more than one thousand money recycling ATMs from GRGBanking, a heading provider of banking approval and money estimate solutions. After a finish installation, a bank’s ATM swift will enhance from 2900 to some-more than 4400 and accommodate 15% of a marketplace need in Turkey alone.
The selected indication of a agreement is money recycling ATM H68N. As a self-service money appurtenance to yield withdrawal, deposit, banking exchange, check payment, silver sell and other services, it uses money recycling technology, that is still odd in Turkey.
According to Banking Automation Bulletin, a machines is partial of Ziraat Bank’s devise to “offer available banking services to a unbanked and a semi-banked” people, and also “a process of curbing handling costs and enhancing a consumer experience”. The bank
Article source: http://www.1888pressrelease.com/1000th-grg-recycling-atm-in-turkey-put-online-pr-360187.html
1000th GRG Recycling ATM, Bank, contract, Fintek Financial Technology Services, GRGBanking, recognition, technology, Turkey, Turkey Put Online, ziraat bank
06Dec
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GRGBanking, a heading provider of currency
approval and money estimate solutions in a global
market, attended a “ATM Security 2011″ discussion in London
Oct 18 to 19. The annual eventuality is jointly orderly by ATMIA
(ATM Industry Association) and RBR (Retail Banking
Research).
The pivotal issues addressed during a eventuality endangered fraud
and confidence in self-service banking. Representatives from
a largest suppliers of banking apparatus and software, as
good as banks from Canada, France, Greece, Hungary, Italy,
Japan, Slovenia, Spain, Sweden,Article source: http://www.4-traders.com/GRG-BANKING-EQUIPMENT-CO-6499814/news/GRG-BANKING-EQUIPMENT-CO-LTD-GRGBanking-Attends-ATM-Security-2011-13890854/
ATM Industry Association, Equipment, Fintek Financial Technology Services, GRGBanking, RBR, recognition, technology, ziraat bank
06Dec
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The 1000th GRG ATM in Turkey was put online on November 24, by Altus, GRG’s local partner in service.
According to the contract signed in April 2011, Ziraat Bank (T.C. Ziraat Bankas? A.?.), Turkish’s largest state bank, had purchased more than one thousand cash recycling ATMs from GRGBanking, the leading provider of currency recognition and cash processing solutions.
The chosen model of the contract is cash recycling ATM H68N. As a self-service cash machine to provide withdrawal, deposit, currency exchange, bill payment, coin exchange and other services, it uses cash recycling technology, which is still uncommon in Turkey.
According to Banking Automation Bulletin, the machines is part of Ziraat Bank’s plan to “offer convenient banking services to the unbanked and the semi-banked” people, and also “a method of curbing operating costs and enhancing the consumer experience”. The bank also plans to direct its customers from the branches to ATMs, with concern of its high ratio of customer to ATM. Continue reading “1000th GRG Recycling ATM in Turkey Put Online” »
1000th GRG Recycling ATM, atms, Bank, contract, Fintek Financial Technology Services, GRGBanking, recognition, technology, Turkey, ziraat bank
05Dec
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(1888PressRelease) November 22, 2011 – Ziraat Bank, Turkish’s largest state bank, is to build a largest biometric ATM network in Europe by Jan 2012.
The bank had bought 1505 GRG recycling ATM, all of that are versed with palm capillary readers, a latest biometric confidence record used in ATM. In addition, 1,400 GRG desktop palm readers that can bond PCs around USB were systematic and a smoothness was completed.
By Jan 2012, “1,400 desktop palm readers will be disseminated over branches for a purpose of reading a customer’s palm capillary data”, pronounced Mr. Ali Araz in October, ATMIA ATM Security 2011, London. Araz is a General Manager of Fintek, that is a IT association of Ziraat Bank, and CIO of Ziraat Bank.
Ziraat Bank will therefore take a advantages on rascal prevention, and capacitate a patron feel some-more secure and comfortable. Specifically a patron competence feel confident on that they can
Article source: http://www.1888pressrelease.com/grg-helps-ziraat-bank-to-build-largest-biometric-atm-network-pr-352175.html
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15Apr
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GRG signs 35 million USD contract with Ziraat Bank
Recently, GRGBanking signed a contract worth over 35 million USD with Ziraat Bank in Turkey to provide recycling ATMs. The contract is the ever biggest cash recycling delivery contract outside Asia.
Ziraat Bank, which means Agricultural Bank of the Republic of Turkey in English, is the fourth largest bank and the biggest state bank in Turkey. It held tender for purchasing ATMs last year in order to expand its ATM networks. GRGbanking won the tender by high performance recycling ATMs-H68N with independent proprietary rights. Because of the outstanding performance and excellent local support during the field test and trial usage for the past few months, the contract value has been increased approximately 20% from the original tender value.
The GRG Recycling ATMs-H68N are able to make deposited banknotes available again for cash dispensing after a successful validation, therefore can reduce the costs and risks associated with cash replenishment and service.
Recycling ATMs are very popular in East Asia. GRG is now helping to push this advanced technology to East Europe market. These machines attracted lots of eyes when first deployed in Turkey. The average ATM transaction volume was very high during the flied test period, while the cash management cost was proven to be significant reduced.
“We strongly believe this success of GRG will make strong influence on the acceptance of cash recycling in Turkish financial industry.” Said Dr. Eduardas Vaigauskas , general manager of GRG Banking Equipment(HK) Co., Limited
About GRGBanking:
Established in 1999, GRGBanking now is a leading currency recognition and cash processing solution provider in China and the global market. We are No. 1 ATM supplier in China and top 10 in the global market, with more than 66,000 ATMs being sold worldwide, and serving customers in over 60 countries and regions.
atm networks, atm transaction, Bank, cash replenishment, contract, GRG, GRGBanking, recycling, test, ziraat bank
