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March 23, 2005

Oki Electric unveils secure new ATMs

Japanese telecommunications manufacturer Oki Electric Industry has unveiled its new ATM-BankIT, an automated teller machine designed for financial institutions, with enhanced security functions.

By CBR Staff Writer

Oki says the new product offers improved reliability and usability features, and can reduce operation costs. It is also responsive to new services based on mobile phones and contact-free IC cards, which help financial institutions utilize ATMs as a strategic sales basis.

The security of the new model lies in its light shielding filters that protect the view of pin numbers and its reaction to biometric identification such as IC cards, finger veins, palm veins and iris.

In addition, the company says the ATM enables a longer-period unmanned operation due to the increase in banknote capacity, and is universal in design to allow ease of use for the elderly and physically impaired.

Based on TxFlow, Oki’s architecture for the retail banking system, Oki plans to actively provide financial solutions that can also connect CRM servers and bank branch terminals. It plans to ship the ATM-BankIT in Japan from July 2005.

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