Download “ATM Finder”?http://itunes.apple.com/cn/app/atm-finder/id468307846?l=en&mt=8

Looking for somewhere to withdraw money? Looking for banks nearby? With the expanding of banking service and the increasing usage of self-service equipments, ATM and bank branch now become one of the regular places to visit in people’s daily life. But where to find the nearest ATMs or banks, especially in an unfamiliar environment, becomes a bothering issue. In respond to that, GRGBanking, the world’s leading provider of currency recognition and cash processing solutions, recently launched its first iPhone application “ATM Finder”. Simply by using your iPhone, you can easily search and locate ATM and bank branch.

ATM Finder supports “Search ATMs” and “Search Bank branch”, to enable users to search different branches and ATMs located in restaurants, shopping malls, airports and so on. Information such as work hours, contacts and amount of handling charges are also available in the app. Not only you can search for local ATMs and its network information, but also conduct your search by a specific bank’s name or a specific location. The searching result will be shown on a list, ranked according to the distance between users and ATMs/Branch, and then its navigation system will guide you there. Besides, ATM Finder provides user with cartoon security tips in a very interesting and easy way to understand.

According to GRG’s R&D engineer, there are some similar applications in the market, but most of them are designed by individuals, others like map/navigation applications may support ATM search as well, but lack accuracy and regular update. And the increasing presence of “phishing scam” website also brings safety problems to banking financial services. ATM Finder was developed base on GRG’s rich developing experience and the mutual trust and sound cooperative relationship between GRG and other banks to ensure ATM Finder’s accuracy, updating and security.

A number of iPhone users downloaded the app and commented “accurate search”, “good user interface” and “interesting security tips, very considerate”.

GRG’s R&D engineer said, GRGBanking will continuously expand their cooperative relationship with banks and keep perfecting ATM Finder, to make it more compatible for different mainstream smart phone operation systems and different languages.

Dr. Eduardas Vaigauskas, General Manager of GRGHK, welcomed the delegation and expressed his thanks to the trust and support of Ministry of Commerce. Dr. Eduardas Vaigauskas briefly shared GRG’s history to the guests and then gave a detailed introduction about GRG’s technology innovation, independent research and development abilities as well as its business achievement in overseas market.

During the visit, Dr. Eduardas Vaigauskas presented GRG’s leading serial number tracking technology and its software solution, Retail ATM, Drive-up ATM and other high-tech machines as requested by the foreign guests. Besides, the delegation also showed their interest in cash recycling machine designed for high-end customers, high speed cash deposit machine as well as self-serviced night safe machine for depositing cash and valuables. Later on, the delegation visited GRG’s high-tech testing center of 20 labs and test sites, getting a close look at GRG’s production line and production capability. GRGBanking now owns the largest high-end ATM manufacturing base in the Asia.

Nigeria Minister, Salihu Umaru Ahmed was impressed by GRG’s product quality after seeing the rigorous testing process. He said that some of the ATMs in Africa didn’t equipped with such high-tech functions and technologies, and that led to security problems, he would like to import ATM equipment from GRG. Sofiane Djenidi, First Secretary of Algeria, thought that GRG is a company with innovation. Krassimire Dimitrov, Second Secretary of Bulgaria, spoke highly of GRG’s concept of “Green Production” and expressed his hope to know more about GRG’s range of non-banking financial products and to have a further cooperation with GRG.

Source: CB Bank

The bank had bought 1505 GRG recycling ATM, all of which are equipped with palm vein readers, the latest biometric security technology used in ATM. In addition, 1,400 desktop palm readers that can connect PCs via USB were ordered and the delivery is completed.

By January 2012, “1.400 desktop palm readers will be disseminated over branches for the purpose of reading the customer’s palm vein data”, said Mr. Ali Araz on ATMIA ATM Security 2011, London. Araz is the General Manager of Fintek, which is the IT company of Ziraat Bank, and CIO of Ziraat Bank. Besides ATM from GRGBanking, the Bank has currently 2,900 ATM from NCR and Wincor Nixdorf ATM.

Ziraat Bank will therefore take the benefits on fraud prevention, and enable its customer feel more secure and comfortable. Specifically the customer might feel satisfied on that they can have faster authentication than ATM card plus pin code and even don’t need to take card and memorize pin code.

Palm vein verification technology uses the vascular patterns of an individual’s palm as personal identification data. After inserting the card and entering a PIN, the user holds his or her hand over a sensor on the ATM for verification purposes. Because palm vein patterns are unique to each individual, others are not able to withdraw money using stolen cards. The palm vein information is stored in the card itself, which also keeps the biometric information hidden from bank employees.

Compare to other biometric technologies, Palm Vein technology is much stable, non-invasive, hygienic, unaffected by age and unique for every individual, even for monozygotic twins, thus promoting a high-level of user acceptance.

Independent research has shown that in ideal conditions, palm vein technology can be 4 times more accurate than fingerprint scanning. Compared with a finger, a palm has a broader and more complicated vascular pattern and thus contains a wealth of differentiating features for personal identification.

The most interesting for visitors of the booth were the function of serial number recognition of banknotes and the cassette swapping solution between the cash recycler H68NL and the automated deposit machine P2801 both produced by GRGBanking. Solutions of GRGBanking are proven to effectively improve the quality of customer service, automating payment transactions and internal workflow, reducing cash handling costs and decreasing risks. Customers also showed interest on cash dispenser and cash recycler as well as cash processing solutions presented by GRGBanking.

On the forum, presentations were made by speakers about urgent issues in the field of cash handling, banking self-servicing, cash-recycling, optimizing of the self-service banking and new technologies of cash-collection.

Dr. Eduardas Vaigauskas, General Manager of GRGBanking, was also invited to give a speech about F@ST Abacus, an intelligent ATM location selection and analytic management platform, which was highly appreciated by the audience. F@ST Abacus provides standardized investigation methods and scientific evaluation rules to help the banks or IAOs to make the right decision in selecting the locations and keep track of the on-site investigation team performance.

General Director of ITS, Mr. Michael Mostovoy held a presentation “IT SERVICE Retail&Banking cash management implemented solutions” in the “Cash-recycling. Self-service banking optimization” session. Mostovoy reported on the cash recycling projects based on the cash recycler H68NL, implemented in the Russian Standard Bank, one of the leading consumer lenders in Russia, and in the Russian Post, about the introduction of cash management solutions based on the automated deposit machines in METRO Cash & Carry stores.

Within two days the event was attended by 751 representatives of many institutions from Russia, the CIS member states and other countries. Organizer of the forum “Cash Circulation + Self-service. Banking and Retail” is a specialized retail financial business magazine PLUS. Devoted to the issue of increasing efficiency, security and attraction of clients in the field of self-service banking, the Forum has been held in Moscow since 2009. Its members are the national regulators of the CIS countries, leading experts in the field of self-service banking, representatives of Russian and foreign banks, vendors of equipment and solutions, integrators.

Sep. 5 to 7, 2011, the 7th GRG Global Customer Exchange is held in Science City, Guangzhou. More than 140 customers and partners worldwide attended the event. The most cutting-edge issues were discussed and the latest technology, product and solution of GRGBanking were introduced. Transforming from a sole ATM manufacturer to a cash management solution provider, the company released a brand new slogan “We Move Faster”.

The focal point of GRG Global Customer Exchange this year is the Customer Conference on Sep. 7. On the Conference, the multi ATM software and comprehensive solution is regarded as the future development of cash circulation and processing. David Zhong, manager of Software Solution Dept from GRGBanking, introduced the intelligence, smartness, security and high value of software solutions from GRG. Among them, FEEL View ATM monitoring system and P2801L high speed cash deposit solution are the most innovative solutions ready for banking and other financial-related industries like retail, electric, petroleum, telecom. Other speakers include: Brendan Burge, Sales Manager of Transoft; Bill Jackson, CTO of GRG International; Jingyi Li, Manager of National Marketing Dept in GRG; Christo Terblanche, CEO of Smartec Technologies.

P2801L is now widely used in South Africa, Russia, Taiwan and Mainland China. It can be connected with recycling ATM H68NL seamlessly to achieve the “Cassettes Swapping” solution. The solution, one of GRG’s future approaches on cash management, is a streamlined process chain integrating retailers, banks and CITs.

Besides innovative solutions, GRGBanking renewed its slogan as “We Move Faster”. As Managing Director Mark Yip said, GRGBanking was not a famous company when it started the ATM business, but now it is a leading currency recognition and cash processing solutions provider in the global market, in a high speed to catch up with those top ones. Most of the customers agree that the new slogan and the leopard image in the new corporate commercial give them a great impression.

Customers visiting showroom of GRGBanking, Science City, Guangzhou

Customers asking questions to speaker on the Conference, Science City, Guangzhou

 

On August 3, UnionPay,German Delegation Commission for Shenzhen Universiade and ICBC announced on a ceremony in Frankfurt that UnionPay card would become the only designated bankcard of German delegation in the 26th Universiade, marking the second time UnionPay is providing card use support to the Universiade overseas delegation following the Mongolian Delegation together with relevant institutions. Such a move indicates UnionPay’s kind wishes for the German Delegation to achieve great results as well as the success of the Shenzhen Universiade.

To provide safe, convenient and high efficient services to delegations and audiences from all countries, UnionPay has cooperated with relevant parties and taken multiple measures to optimize the bankcard payment environment for Shenzhen Universiade, including delivering quality services to athletes, tourists and other cardholders of UnionPay. At present, the acceptance rate of UnionPay cards in venues of Universiade and the surrounding business districts, key commercial streets, tourist destinations and three-star and above level hotels in Shenzhen reaches up to 95%.

In recent years, the card use environment of UnionPay cards in Germany has been continuously improving. Currently, over half of the ATMs in Germany accept UnionPay cards, and cardholders can conveniently withdraw cash using UnionPay cards on all ATMs with the “UnionPay” logo, logo of Stadt Sparkasse and BW bank. Meanwhile, they can also swipe card in over 20,000 merchants frequently visited by Chinese tourists such as department stores, tax free stores and band-name goods franchises to enjoy the convenience and care-free services. In addition, UnionPay has also cooperated with ICBC to issue UnionPay card in Germany, making “UnionPay” brand recognized and favored by more and more local residents.

Soure: Union Pay