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Case Studies

(released in July, 2014)

Reliable direct cash deposit automation technology meets multiple banking needs

Hitachi-Omron Terminal Solutions' vast experience as one of the world's leading ATM terminal solutions provider proved helpful while focusing on the exact product for the requirements given by Karur Vysya Bank (KVB). Their experts provided KVB the company's flagship ATM solution; the HT-2845-V Cash Recycling ATM. Cash Recycling ATM is a part of Hitachi's cutting edge series of self-service terminals that aim at popularizing cash recycling across the world.

The Cash Recycling ATM helped KVB streamline their administrative processes and cash management while improving levels of convenience and service for their customers. Here's the solution Hitachi-Omron Terminal Solutions provided to KVB with reference to the challenges:

  • The HT-2845-V Cash Recycling ATM enabled bunched note acceptance. Maximum 200 pieces of banknotes with mixed denominations (INR 1000, 500, 100, 50) can be deposited at one time. This feature makes it possible to complete deposit transactions instantly with simple and easy operation. The bank customers are no longer required to queue up at the teller counter for cash transactions.
  • Being a fully automated solution, HT-2845-V Cash Recycling ATM requires least human intervention and is available 24/7 to its customers with minimal down time. Hitachi has a wealth of experience of cash deposit automation in more than 30 countries. It has given KVB customers the freedom to perform a variety of cash transactions at their convenience at any time of the day or night.
  • Having dealt with various kinds of banknotes in circulation across various countries, Hitachi-Omron Terminal Solutions has perfected ATM technology. This has helped ensure stable operations in India.
  • As one of the leading cash recycling ATM manufacturer, Hitachi-Omron Terminal Solutions possesses more than 40 countries' (regions) cash image templates. Hitachi tuned up its bill validation system especially for the Indian banknote, and this feature enabled highly precise bill validation and counterfeit detection without increasing the cash rejection rate. Plus, the Cash Recycling ATM has been developed with a security conscious design to ensure secure transactions.

The adoption of Hitachi HT-2845-V Cash Recycling ATM has helped KVB enhance customer convenience, reduce operation costs, improve efficiency and increase reliability by minimizing the frequency with which operators gain direct access to cash.

Hitachi-Omron Terminal Solutions

Hitachi-Omron Terminal Solutions, Corp. is one of the leading manufacturers of Cash Recycling ATMs in the world. Hitachi-Omron Terminal Solutions, headquartered in Tokyo, Japan, is a world-class terminal solution vendor with approximately 3,300 employees worldwide. The company supplies highly reliable ATMs and bank systems that embody real user needs as well as wide range of solutions for retail, transportation and public sectors.

State-of-the-art ATM Technology- Solution

Play the video "State-of-the-art ATM Technology- Solution" (Time - 2 minutes 05 seconds)
Note: "BNA (Bunch Note Acceptor) is the industrial term of Cash Deposit ATM in India"

Customer:
Karur Vysya Bank

Industries:
Banking

Region:
India

Release Date:
July 2014

Products & Services:
ATM Solution

Solutions By:
Hitachi-Omron Terminal Solutions