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BANKING TECHNOLOGY | Staff Reporter, China
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GRGBanking presents cash recycler in Europe

The Multi-Function Cash Recycler H68NL works with Palm Vein Biometric Solution and Video Analyzer Tool.

According to a release, 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.

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