GRG Shows Cash Recycling Tech on ATMIA Europe Annual Forum

GRGBanking showcased the Multi-Function Cash Recycler H68NL with Palm Vein Biometric Solution and Video Analyzer Tool on the ATMIA Europe's 2nd Annual Forum on ATM Innovation. The forum was held on Jan 24, 2012 in Vienna, Austria.

ATMIA’s 2nd Innovation Forum brought together the key European regulatory bodies and leading experts on cash recirculation at ATMs along with a range of case studies from both pilot and established projects across Europe. The forum discussed how cash recirculation technologies and retail partnership can work together toward running the operation costs of cash in Europe.

Pranas Griskevicius, Regional Sales Director of Europe & CIS, and Hendrik Eckholt, Regional Sales Manager from GRGBanking participated in the event.

According to Eckholt, the majority of participants have shown interests in GRGBanking and its product with positive comments, especially the functionalities like currency exchange and the Palm Vein Biometric Solution. Besides, he says GRG has successfully gathered more brand awareness and will be a strong competitor in the market. “In general the European market is looking for a new vendor and GRG could meet this expectation.”

Previously on December 2011 Die Deutsche Kreditwirtschaft (German Banking Industry Association) had officially certified the DT-7000 ATM series of GRGBanking. By passing this certification GRGBanking is allowed to run their ATMs in the territory of Germany. This step underlines once more GRG’s global and European expansion. With former name ZKA, the organization is operated by the central associations of the German banking industry and represents more than 2300 banks in that nation.

GRGBanking is a leading provider of currency recognition and cash processing solutions in the global market with great potential and rapid development. The company 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. Meanwhile, its various software solutions and comprehensive services are widely used in both financial and non-financial industries, such as retail, cash-in-transit, parking, postal, telecom, etc.

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.

News Media Contact: Benny Huang

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