GRG Banking Equipment Co., Ltd. : GRGBanking Attends ATM Security 2011

GRGBanking, the leading provider of currency recognition and cash processing solutions in the global market, attended the "ATM Security 2011" conference in London Oct 18 to 19. The annual event is jointly organized by ATMIA (ATM Industry Association) and RBR (Retail Banking Research).

The key issues addressed at the event concerned fraud and security in self-service banking. Representatives from the largest suppliers of banking equipment and software, as well as banks from Canada, France, Greece, Hungary, Italy, Japan, Slovenia, Spain, Sweden, Turkey and the UK, shared their experiences of combating and preventing ATM fraud.

Case studies of Palm Vein biometric technology and H68NL were presented by Ali Araz, CIO of Ziraat Bank and General Manager of Fintek Financial Technology Services in Turkey; Pranas Griskevicius, Regional Sales Director, Europe & CIS, GRGBanking and Thomas Bengs, Director of Business Development and Sales, Fujitsu PalmSecure EMEA.

The biometric ATM H68NL, which adopts the latest Palm Vein security technology and is used now by Ziraat Bank, was showcased at the event. The H68NL is the model of 1505 GRG recycling ATM bought by Ziraat Bank to build the largest biometric ATM network in Europe by January 2012.

GRGBanking is a leading provider of currency recognition and cash processing solutions in the global market with great potential and rapid development. The company specializes in the development/ manufacturing of Automatic Teller Machines (ATMs) for financial institutions and retailers, Automatic Fare Collection (AFC) devices for railway or underground systems, as well as other currency recognition and cash processing equipment, modules and systems for over 20 years. Besides, the company's various Multi-Channel Software Solutions and Services cover the needs of the financial industry, retail, transportation, payment, self-service, cash automation, cash management outsourcing and managed services, customized for different customers around the world.

ATMIA is a global non-profit industry association, with over 2,400 members in 60 countries, including 72 banks and member companies and covering the complete spectrum of the ATM industry. ATMIA's mission is to promote ATM convenience, growth and usage worldwide, protect the ATM industry's assets, interests, good name and public trust; and provide education, best practices, political voice and networking opportunities for member organizations. It has successfully established chapters in the United States, Canada, Europe, Africa and Australia/Asia.

RBR is recognized as a leading strategic research and consulting firm with over two decades of experience in the areas of banking automation, cards and payment systems. Based in London, RBR serves clients across more than 100 countries worldwide through premium research reports, consulting, newsletters (Banking Automation Bulletin) and conferences.