GRGBanking VTM Wins Financial Industry Application Award at APICTA 2013


GRGBanking’s Video Banking Solution participated in the competition of Asia Pacific Information and Communication Technology Alliance Awards (APICTA) 2013 and took the prize of the Financial Industry Application Award.


The two-day competition was held in Hong Kong followed with award ceremony on November 27th. The event features fierce competition and strict judging criteria involving uniqueness, market potential, functionalities and features, quality & application of technology, and presentation. GRG’s Video Banking Solution stood out from 12 nominees of the same category and awarded as the Winner.



The Video Banking Solution, known as Video Teller Machine (VTM) from GRGBanking is a pioneering banking channel solution that leverages video conferencing technology to integrate the merits of self-service and teller service, providing full range banking experience with smaller footprint.


With its versatile modular design, VTM enables migration of complex counter services and customized financial consulting services to the self-service terminal. Over 95% of counter services are available on VTM, thus it can be utilized for branch transformation or teller-less branch, allowing customers to do almost all of their banking business via real-time video interaction and guidance of remote teller.



The Asia Pacific ICT Alliance (APICTA) Awards ( is an international Awards Program which aims to increase ICT awareness in the community and assist in bridging the digital divide. By providing networking and product benchmarking opportunities to ICT innovators and entrepreneurs in the region, the Program is designed to stimulate ICT innovation and creativity, promote economic and trade relations, facilitate technology transfer, and offer business matching opportunities via exposure to venture capitalists and investors.


Participants of the Awards Program comprise members of the APICTA Alliance. They are guided by the Framework of Cooperation identifying how member-economies can work together in support of the Awards Program as well as other programs that foster development and growth of the ICT industry in the region. APICTA’s 17 member-economies include Australia, Brunei, China, Chinese Taipei, Hong Kong, India, Indonesia, Macau, Malaysia, Myanmar, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Thailand and Vietnam.


About GRGBanking

GRGBanking is a leading provider of currency recognition and cash processing solutions in the global market with great potential and rapid development. GRG specialize in the development/ manufacturing of Automatic Teller Machine (ATM) 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, GRG’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.


News Media Contact: Benny Huang

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