Sep 4 2014
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RISCO Group, a major integrated security solutions supplier, has entered into agreements with a number of Chinese banks to offer security for their numerous ATM Machines (cash machines).
The RISCO Group is to provide two of their expert detectors for protecting the bank's cash machines from any sort of illegal or forced entry. RISCO Group's seismic detector is capable of monitoring the temperature and vibration of the secured surface.
It can detect intruder attacks such as explosives, diamond head drills, sledge hammers, thermal tools and hydraulic pressure tools. RISCO Group's other specialized detector is its digital shock detector ShockTec™. This detector can detect any effort taken to shake or move the cash machine so that it gives out more cash.
The UK-based analysts firm, RBR, states that China presently is leading globally in terms of ATM machines at 520,000 exceeding the number of machines in the US. In the year 2013 alone, the Chinese market saw 100,000 machine installations.
The RISCO Group has been in the Chinese market for several years, operating from Shanghai. Traditionally, the Chinese market has been using Command & Control and access control solutions for retail chains and banking related projects.
RISCO's EVP Marketing & Product Management, Hemy Fintsy, states that China is a highly price-sensitive market with a wide range of local players. RISCO is an international brand and in competition with Siemens, Honeywell and other global manufacturers, Fintsy said.