Mphasis Partners Delta For Safe, Green ATM

by CXOtoday News Desk    May 13, 2014

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IT services company, Mphasis has partnered with Delta Power Solutions to bring sustainable innovation across the ATM industry. While the companies have jointly launched an all-in-one e-Surveillance and power efficiency solution ‘ProTecht’, the partnership will enable Mphasis to offer the most comprehensive single window solution for ATM security and power efficiency innovation across the ATM industry, the company said in a statement.

According to the company, there has been a rapid expansion of ATM banking in India, making it imperative for banks to address multiple issues and concerns that surface with such scalable model, including power consumption, housekeeping, cash replenishment, settlement cycles, management and most notably security.

The company notes that there has been a steep rise in ATM security crimes, especially in the recent past. These incidents have led to huge financial losses and also adversely impacted the brand promise of providing secure banking environment to customers. The requirement of technology driven and cost effective ecosystem for secure and high availability ATM is the need of the hour, it said.

Toward this end, ProTecht is designed to enable a sustainable ecosystem for safe, secure and Green ATM Banking, with its single user interface provides a 360 degree view of an ATM and the ATM site. ProTecht will help Mphasis addresses a suite of customer-centric offerings for safety and security that include theft prevention, theft deterrent, real time alarms and reduction in overall energy spends at ATM sites by 30% and proactive maintenance to ensure higher uptime, said the company statement.

“Through this partnership, we aim to deliver ‘All-in-one solution’ to meet the exponential growth in the ATM density meeting the underlying need of security & reducing the operational expenditure,” Mphasis Payment Managed Services Executive Vice President & Head Puneet Bhirani said.

The solution leverages technology for quick and speedy action/prevention of theft like never seen before. Advance analytics both image & video make it less human dependent and combined with best in class power efficiency, the Total Cost of Ownership (TCO) of this solution is a very cost competitive value proposition for the Indian Banking sector, said Puneet Bhirani, executive VP and head - Mphasis Payment Managed Services.

“The solution will help create a sustainable ecosystem for Safe and Green ATM banking in the country,” said Dalip Sharma, MD, Delta India. The company has already invested significantly around this technology and deployed it at 15,000 Telecom sites in India, he informed.