GRGBanking’s cash recycling ATMs shines in FI-Forum 2014, Germany

18-24 November, GRGBanking participated in the event ”FI-Forum 2014” in Frankfurt am Main, Germany for the first time. The FI-Forum is an internal event of the Finanz Informatik (FI), the IT service provider of the German Savings Banks Finance Group.


Held every two years, it’s the 7th FI-Forum and participated by the professional and managerial level personnel of savings banks, state banks and alliance partners from all over Germany as well as other companies in the Savings Banks Finance Group. Over 10,000 visitors attended the 3-day event.




In the event, GRGBanking showcased its innovative solutions like the versatile cash dispenser H22N series, the intelligent cash recycling ATM H68N series and a new model of cash recycler with innovative design concept. Crowds of visitors showed great interests in the displayed products and most of them agreed that GRGBanking is a new alternative with great potentials for self-service automation in the German market.


Hendrik Eckholt, General Manager of GRGBanking’s German subsidiary GRG Deutschland GmbH, attended the event and said GRGBanking’s products “are able to improve the cash processing efficiency, move toward more customer-centric banking, as well as provide more value-added service to the customers”.


H68N Series authenticate banknotes of multiple currencies and denominations both in deposit and dispensing process. The instant use of the deposited notes for dispensing reduces the amount of money held in ATM to minimum and that improves cash usage and drives down operational costs by reducing the frequency for cash replenishment.


H22N Series are compact cash dispensers delivering unparalleled easy usage and maintenance. With ergonomic and extendable features for revenue-generating service, H22N series can change your ATM from a cost centre to a profit centre. The continuous technological innovation of GRG makes H22N series the unrivalled machines with maximum usability and availability which fit into different scenarios.


Above: The new model of intelligent cash recycling ATM of GRGBanking shown on the event had been put online by Landessparkasse zu Oldenburg (LzO), the oldest still-existing savings bank in the world and one of the 25 biggest in Germany.


About Finanz Informatik (FI)

Finanz Informatik (FI), headquartered in Frankfurt am Main, is the IT service provider of the German Savings Banks Finance Group and one of the largest banking-IT service provider in Europe. Customers include 417 savings banks, 8 federal state banks and DekaBank, 10 state building and loan associations and various other companies within the Savings Banks Group and the financial services sector.

Finanz Informatik provides a full range of IT services, including the development and implementation of IT solutions, networks and technical infrastructure as well as data processing centers, consulting, training and support.


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.


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