View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
September 12, 1995

DIEBOLD GOES TO IES FOR ITS TELLER MACHINES

By CBR Staff Writer

West Malling, Kent-based digital imaging systems specialist IES Group Plc, whose shares are traded on the new Alternative Investment Market, has won an enviable reference contract from Canton, Ohio automatic teller machine king Diebold Inc. Diebold has turned to the British company for image recognition technology so that operators of teller machines can minimise fraudulent use of their machines by storing the image of the bona fide user of each card, so that the image of the user captured by the video camera in the machine does not match the stored physiognomy, the teller machine can do something very nasty – spray the suspect with indelible dye, shoot out a pair of handcuffs to grab him by the wrists, or energise the machine with an electrostatic charge. D iebold, the company into which IBM Corp offloaded its teller machine business, has 130,000 machines installed in the US that could use the technology. As a result of this deal and other developments, IES says that it intends to move up to the Full List of the London stock exchange, likely in the New Year.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU