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GRG anuncia el lanzamiento del Cash-4-All en ICCOS America 2012 en marzo

March 7, 2012 in Banking Industry News, General, General ATM Business News, Global Markets News, GRG Banking

Cash-4-All, una solución nueva de gestión inteligente de efectivo y casetes será oficialmente lanzado del 11 a 14 marzo, ICCOS America 2012, Miami, EE.UU.. El tema de ICCOS America este año (International Commercial Cash Operations Seminar) es llevar a los bancos comerciales, bancos centrales, CITS o vehículos blindados, minoristas y casinos un innovador ciclo del efectivo.

El paguete nuevo de Cash-4-All se basa en la gestión de casetes inteligentes de GRG, destacando el SeNT (Series Number Tracking, seguimiento de los números de serie de los cassetes), tecnología de vanguardia para el procesamiento y reciclaje de efectivo. El portafolio del sistema se compone del reciclador de efectivo H68N/L, el equipo para depósitos de efectivo P2801, el reciclador de efectivo en las sucursales (Teller Assist Unit) BCR5600G y la serie CM de equipos para clasificar billetes, así como otros productos de procesamiento de efectivo.

Transformando del tradicional manejo manual de efectivo a la gestión digital, Cash-4-All proporciona una completa solución de punta a punta para optimizar el proceso de manejo de efectivo por 4 líneas de negocio: Banca de autoservicio, sucursal bancaria, minoristas y CIT / Centro de Efectivo. Es una plataforma abierta que puede mejorar la eficiencia y la precisión, bajar costos y riesgos, aumentar la transparencia y la satisfacción del cliente.

El Director General, Mark Yip, los Directores de los departamentos de ventas, R&D, marketing y el Gerente General de GRGBanking HK Dr. Eduardas Vaigauskas junto con sus socios regionales Burroughs Payment System y GRG International participarán en el evento.

GRGBanking llevará a cabo una reunión el 12 de marzo durante el ICCOS America para presentar la solución de gestión de casetes inteligente. La solución está diseñada para mejorar la eficiencia y la seguridad en la cadena de suministro de efectivo de las instituciones financieras, con los beneficios de:

l   Cadena de procesamiento más eficaz con la integración de los minoristas, bancos, terminales de auto-servicio y CITs

l   Niveles más altos de seguridad, nadie puede accesar el dinero depositado

l   la transparencia al 100%, las cantidades de efectivo en los casetes siempre están controladas y localizables

l   Ahorro de costos, cada paso de la cadena de suministro de efectivo puede ser automatizado y optimizado.

ICCOS es el principal evento a nivel mundial para la distribución y manejo comercial de efectivo con la presencia de los principales actores en el negocio de manejo de efectivo como son: los bancos comerciales, minoristas, casinos, CITS o vehículos blindados y bancos centrales.

GRGBanking es un proveedor líder de soluciones de reconocimiento de moneda y procesamiento de efectivo para el mercado global. Estamos especializados en el desarrollo y fabricación de Cajeros Automáticos (ATM, sigla en inglés) para instituciones financieras y minoristas, productos de Recolección Automática de Boletos (AFC, en inglés) para sistemas de trenes y metros, así como de otros equipos para el reconocimiento y procesamiento de efectivo, por más de 20 años de experiencia en el Mercado Global. Además de nuestras diversas soluciones de software multi-canal, en GRG ofrecemos soluciones para pagos personalizados, auto-servicio, automatización de efectivo, tercerización de administración de efectivo y servicios administrados, para la industria bancaria, minorista, de transporte público, de telecomunicaciones y de estacionamientos.

Contacto sobre Las Noticias: Benny Huang

Media Social: Linkedln, Facebook, Twitter, Google+

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GRGBanking Launched iPhone App “ATM Finder”

November 25, 2011 in General

GRGBanking Launched iPhone App “ATM Finder”

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.

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A delegation of the Ministry of Commerce of PRC visited GRGBanking

November 23, 2011 in Banking Industry News

Recently, Ministry of Commerce of the People’s Republic of China organized a visit to some of China’s excellent export enterprises, with representatives from commercial institutions of different counties and foreign media. Mr. Li Boqing, Deputy Director of Department of Foreign Trade, led the delegation to visit GRGBanking, getting to know the technology and quality of China’s export products. Integrating with the concept of low-carbon, environmental friendly and people-oriented, GRG makes a great improvement in scientific management, trust operation and internationalization.

 

 

 

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. Read the rest of this entry →

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GRG Global Customer Exchange 2011: “We Move Faster”

September 16, 2011 in Banking Industry News, GRG Banking

GRG Global Customer Exchange 2011: “We Move Faster”

 

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 visiting showroom of GRGBanking, Science City, Guangzhou

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

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

 
Halil I. Agan, IT Manager (left) and Kerim Arican, Project Manager (right) from Ziraat Bank receiving interview
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GRG signs 35 million USD contract with Ziraat Bank

April 15, 2011 in Banking Industry News, General ATM Business News, GRG Banking

GRG banking
GRG signs 35 million USD contract with Ziraat Bank

Recently, GRGBanking signed a contract worth over 35 million USD with Ziraat Bank in Turkey to provide recycling ATMs. The contract is the ever biggest cash recycling delivery contract outside Asia.

Ziraat Bank, which means Agricultural Bank of the Republic of Turkey in English, is the fourth largest bank and the biggest state bank in Turkey. It held tender for purchasing ATMs last year in order to expand its ATM networks. GRGbanking won the tender by high performance recycling ATMs-H68N with independent proprietary rights. Because of the outstanding performance and excellent local support during the field test and trial usage for the past few months, the contract value has been increased approximately 20% from the original tender value.

The GRG Recycling ATMs-H68N are able to make deposited banknotes available again for cash dispensing after a successful validation, therefore can reduce the costs and risks associated with cash replenishment and service.

Recycling ATMs are very popular in East Asia. GRG is now helping to push this advanced technology to East Europe market. These machines attracted lots of eyes when first deployed in Turkey. The average ATM transaction volume was very high during the flied test period, while the cash management cost was proven to be significant reduced.

“We strongly believe this success of GRG will make strong influence on the acceptance of cash recycling in Turkish financial industry.” Said Dr. Eduardas Vaigauskas , general manager of GRG Banking Equipment(HK) Co., Limited

About GRGBanking:
Established in 1999, GRGBanking now is a leading currency recognition and cash processing solution provider in China and the global market. We are No. 1 ATM supplier in China and top 10 in the global market, with more than 66,000 ATMs being sold worldwide, and serving customers in over 60 countries and regions.

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GRGBanking signed strategic cooperation agreement with Systex Taiwan

March 30, 2011 in Banking Industry News, GRG Banking

GRGBanking
Systec news
Systec news

GRGBanking and Systex Corporation Taiwan today announced that they had signed cooperation agreements for GRG’s ATM product and Systex’s communication product, the signing ceremony was hold in Guangzhou, GRGBanking’s headquarter.

Systex Corporation is the biggest IT service provider in Taiwan, their SDLC, HDLC and X.25 etc. communication products are widely used in self service terminal in global market, including GRG’s ATM. Besides communication products, Systex is also the leading brand of financial solution provider in Cross Straits, they offer comprehensive financial services and solutions for clients in Mainland China, Taiwan, Hong Kong and some SEA countries. Their customers cover Bank of China, May Bank, CIMB Bank, UOB and other top level retail banks in Asia Pacific region.

From now on, Systex Corporation will be the strategic partner of GRGBanking to distribute its banking equipment in Taiwan, meanwhile they will also supply its communication products to GRGBanking along with its self service terminals.

With Systex’s market reputation as well as the sales and support network in Taiwan, they are confident to strengthen GRG’s brand recognition and enhance its market presence in the island. On the other hand, GRG’s global marketing channel will also help to bring Systex’s communication products to worldwide market. This will be definitely a Win-Win cooperation and benefits both parties.

About GRGBanking:
Established in 1999, GRGBanking now is a leading currency recognition and cash processing solution provider in China and the global market. We are No. 1 ATM supplier in China and top 10 in the global market, with more than 66,000 ATMs being sold worldwide, and serving customers in over 60 countries and regions.

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GRGBanking tackles the ATM software market

March 29, 2011 in GRG Banking, Software

GRGBanking

GRGBanking tackles the ATM software market

 

GRGBanking is launching its new GRG FEELTM (Financial Equipment Extended Link) software suite which provides a selection of standard software that is required in the Financial Self Service area and ranges from Terminal controlling to Security, Payment networks, Managed Services and even value-added and business extensibility surrounding ATMs.

 

The GRG FEELTM Suite is designed to provide an effective solution for commercial and retail banks to manage their expanding ATM networks, reduce its operational cost, enhance its functionality and security.

It consists of:

FEEL Switch – an ATM switching software and 3rd party international card acquiring gateway, which is able to process a complete and country-wide ATM and payment network. Today already successfully in use for thousands machines in China and different countries worldwide.

FEEL VIEW -a multivendor ATM fleet management and monitoring system, which is already today used to manage ATM fleets of more than 100 banks with more than ten thousand of ATMs.

FEEL SECOne- a comprehensive ATM Security software that can offer protection to ATM systems, including the terminal operation system, device controlling instructions, internal processes, confidential data, network communication and even USB access.

 

In order to market the GRG FEELTM Suite, GRGBanking has set up a totally new Business Development Unit under Administration of Mr David Zhong.

In addition to GRG FEELTM Suite, GRG Banking has developed many other packaged solutions, which will focus on diverse financial and non-financial areas such as the Prepaid market, the Retail market, and further be extended vertically to Postal, Petrol, Parking, etc.. According to the plan of Mr David Zhong, GRG solution portfolio will keep expanding from 2011.

 

About GRGBanking:

 

Established in 1999, GRGBanking now is a leading currency recognition and cash processing solution provider in China and the global market. We are No. 1 ATM supplier in China and top 10 in the global market, with more than 66,000 ATMs being sold worldwide, and serving customers in over 60 countries and regions.

 

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GRGBanking Shines at China ATMs 2011 Conference

March 29, 2011 in GRG Banking


The China ATMs 2011 Conference, jointly produced by ATMIA and RBR, was held at InterContinental Hotel Financial Street, Beijing on 14th and 15th of March 2011.


GRGBanking shines at China ATMs 2011 Conference
During the 2 days conference, 28 speakers have delivered speeches on various topics including case studies and industrial information exchange by banks, IADs, solution provider and networks from across the Asia-Pacific region. Mr. Song Rui, Senior Manager, from IT Department, Bank of China (China) and Panfeng Luo, Assistant to General Manager, from GRG Banking (China) gave a joint speech on ATM Security Analysis and Defense as well as GRG software holistic security solution SECOneTM.

At the exhibition area, GRG recycler ATM H68NL attracted visitors through OCR technology and excellent deposit/withdrawal performance. High speed deposit machine P2801L made a big noise as it is rare and of advanced functions. Its OCR image tracking technology is also a highlight. Moreover, along with the introduction of “cassettes swapping management replaces cash management”, GRG presented various application modes and cases of this concept in the market.

The participants highly appreciated GRG’s showcase and presentations. “It is remarkable and informative.” one of them said after visited GRG’ booth.

Around 200 visitors had attended the exhibition of this year. According to the organizer, it is the only dedicated ATM conference in China-the world’s fastest growing ATM market, and has become an important gathering for senior decision makers and key players of ATM industry.

About GRGBanking:

Established in 1999, GRGBanking now is a leading currency recognition and cash processing solution provider in China and the global market. We are No. 1 ATM supplier in China and top 10 in the global market, with more than 66,000 ATMs being sold worldwide, and serving customers in over 60 countries and regions.

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GRGBanking net income reported an increase of 24.25% in 2010

March 29, 2011 in GRG Banking

GRG banking

 

GRGBanking net income reported an increase of 24.25% in 2010

 

GRG Banking Equipment Co., Ltd. (SZSE:002152) released audited financial results for 2010 on March 25 in the company’s annual report.

According to the report, the company’s 2010 revenue was US$ 262.9 million, up 15.82% year-over-year; net income rose 24.25% to US$ 80.14 million. Net profit attributable to shareholders grew 22.48% to US$ 72.46 Million and EPS was US$ 0.21, a surplus of 23.01% compared with the same period of 2009.

The revenue of the company in 2010 was mainly generated from sales of ATM products and related service. Operating revenue of ATM products increases by 11.85% with a total amount of US$ 224.75 million.

In the domestic ATM market, the company’s market share continued to grow. In 2010 the company successfully inked two big contacts with Bank of China valued totally at US$93.17 million (CNY 630 million).

In the international ATM market, GRGbanking signed agreements with 51 customers in over 45 countries last year, achieving a significant growth of total contract value. Moreover, the company made a significant breakthrough in European last year, wining a bid for1,250 H68N cash-recycling ATMs, from Ziraat Bankasi-Turkey’s biggest bank and one of the world’s largest bank based on assets

 

GRG Banking Equipment Co., Ltd. is principally engaged in the research, development, manufacturing and distribution of automated teller machines (ATMs), as well as related system software. Established in 1999, GRGBanking now is a leading currency recognition and cash processing solution provider in China and the global market. It is the No. 1 ATM supplier in China and listed top 10 in the global market, with more than 66,000 ATMs being sold worldwide, and serving customers in over 60 countries and regions.

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Chinese Premier Wen jiabao visited GRG Banking

November 23, 2010 in GRG Banking

Chinese ATM manufacturer GRG Banking has an impressive performance not only on the Chinese market, but also on the international scene.

There will be a time in the (near) future when we have to add GRG Banking to the big three (Diebold, NCR, Wincor-Nixdorf) when talking about the worlds most important manfuacturers of ATMs.

In China GRG banking is already the number one.

The following text plus the photos is by GRG Banking.

Source: GRGBANKING

Chinese Premier Wen Jiabao, together with the governor of the province Guangdong, the major of Guangzhou and other high ranking officials took a tour to GRG Banking’ industrial park on Nov. 12th 2010, the day of the opening ceremony of the Asia Games. Accompanied by the chairman of GRG group and the General Manager of GRG Banking, Premier Wen Jiabao visited our company’s new show room, the Administration Building, the R&D institute and our Manufacturing Building.

He also took a special visit to GRG HK -a GRG Banking’s wholly owned subsidiary – which is responsible for GRG´s overseas operation and had a conversation with Dr.Eduardas Vaigauskas, the GM of GRG HK. Eduardas introduced him to the development of GRG banking in the overseas markets. After the presentation of the breakthrough achievements GRG Banking has made in the global ATM market, such as wining the largest bid for recycling machines ever in Europe and America, he was very glad and encouraged the GRG staff to increase the input in R&D, so as to enhance the R&D capacity and strive to become a global leading enterprise.

At the end of Premier Wen Jiabao’s visit, he held a speech to the cadre of management and the R&D department´s employees. “GRG Banking will have a bright future!” he said. The Premier´s visit is a great honor for our company, an acknowledgment of our previous successful operations, as well as the stimulus for a further positive future development.
front row left to right: Premier Wenjiabao(2nd),  Director of GRG Group(3rd) Zhaoyouyong
front row left to right: Premier Wenjiabao(2nd), Director of GRG Group(3rd) Zhaoyouyong
GRG visit
front row left to right: Dr.Eduardas Vaigauskas-GM of GRG HK,   Premier Wenjiabao,Mark Yip-Managing Director of GRGBanking
front row left to right: Dr.Eduardas Vaigauskas-GM of GRG HK, Premier Wenjiabao,Mark Yip-Managing Director of GRGBanking
GRG visit