GRG Banking
 |
 | |
| Company type | Public |
|---|---|
| SZSE: 002152 | |
| Industry | Information technology |
| Founded | 1999 |
| Headquarters | Guangzhou, China |
Key people | Yuezhen Huang (Chairman of the board of Directors), Ziyu Ye, (Managing Director) |
Number of employees | 20,000+ |
GRG Banking is a Chinese listed enterprise, specialized in the financial self-service industry. GRG Banking is engaged in R&D, manufacturing, sales and service, software development for ATMs, AFCs and other currency recognition and processing equipment.
History
GRG Banking is a subsidiary of Guangzhou Radio Group (GRG) that was established in 1957. The Guanzhou Radio Group is an organisation which supplies communication solutions. GRG Banking's predecessor is Guangzhou Yun Tong Technology Engineering Limited which was founded in 1989. It was the first domestic ATM equipment manufacturer in China. In 1999, GRG invested in the financial electronics field and set up an independent innovation high-tech enterprise - GRG Banking, which began producing ATM of its own intellectual property rights.
On 1st Nov. 2010 the first Chinese ATM R&D Academy,GRG R&D Academy was founded by GRG Banking. So far, the GRG Banking ATM industry park has become the ATM manufacturing base with the largest ATM production capacity of the world.[citation needed]
In April 2013 GRG banking passed the certification of the French Groupement des Cartes Bancaires CB[1] to be able to sell the DT7000H22Nx (ATM) and the DT7000H68Nx (ATM) to the French market.
In February, 2016 GRG Banking as a provider of currency recognition and cash processing solutions. GRG Banking is the No.1 ATM supplier in China market for 8th consecutive year and top 4 in the world.[citation needed] GRG's products are used in over 80 countries and regions worldwide, with over 220,000 machines installed.[citation needed] GRG's products have been used in Finance, Telecom, CIT, and retail sectors. GRG has set up branch offices or subsidiaries in different countries of different areas including the United States, Russia, Ecuador, Vietnam, and etc.[citation needed]
In the United States, GRG International’s[2] distributor is Cummins Allison Corporation.[3]
Products
Hardware
- Self-service hardware, ATMs
- Self-service hardware, Kiosks
- Self-service hardware, Ticket vending machines
- Self-service hardware, Video banking machines (VTM)
Services
- IT infrastructure services
- Managed services
- Payment
- Retail
- Self-service
Notes and references
- ^ "Dernières solutions agréées - Site officiel des Cartes Bancaires CB". Cartes-bancaires.com. Archived from the original on 2014-05-14. Retrieved 2014-04-16.
- ^ https://www.grgatm.com/
- ^ http://www.cumminsallison.com/us/en/products/atm