Hitachi's Automated Teller Machine and Cash …

1 hitachi s Automated Teller Machine and Cash Recycling Module for the World Market 17 hitachi s Automated Teller Machine and Cash RecyclingModule for the World MarketOVERVIEW: In an attempt to provide cash-handling solutions in the fieldof banking automation, hitachi has developed a new ATM ( Automated tellermachine) with cash recycling capabilities for use worldwide. This ATM canhandle banknotes of various currencies and sizes, and it enables automateddeposit and banknote recycling for self-service solutions. These featureshelp expand banking services, strengthen ATM management performanceand improve the efficiency of fund application. The ATM features enhancedhardware and software, based on the concepts of versatility and flexibility,making good use of hitachi s technologies and experience.

2 With this cash-recycling ATM, hitachi fulfills various requirements and specific conditionsof its global KanagawaKunihisa MatsuuraINTRODUCTIONIN 2000, the world market of ATM/CDs (cashdispensers) has seen sales of over 200,000 units (1), afigure that is expected to grow 10% a part of its cash-handling solutions, hitachi hasdeveloped a new ATM with Automated deposit andbanknote recycling functions for the world with Automated deposit and cash recyclingfunctions are quite common in Japan. In manycountries, however, depositing cash in an envelope orby check is a standard method of making a fulfill various requirements and specificconditions of its global customers, hitachi introducednew concepts in its design of cash-recycling ATMsproviding versatility and flexibility in the moduleconfiguration and performance.

3 Using its experiencewith ATMs in Japan and taking advantage of itsadvanced, highly reliable technologies, hitachi intendsto make cash-recycling ATMs available OF ATMS FOR THE WORLDMARKETWith its new cash module with banknote recyclingfunctions, the new ATM, HT-2845, provides newservices and improves the efficiency of bankingmanagement for the world market (Fig. 1).This ATM has the following four features:(1) Versatility and flexibilityThe HT-2845 ATM can handle banknotes of variouscurrencies, of different sizes, and in various handling of a particular currency can becustomized by simply uploading validation operations, such as cash recycling, non-recycling or deposit-only operations, for a number ofdenominations in use, can be performed by simplychanging the type and number of banknote ATM can be applied to the banks variousinstallation conditions because the banknote cassettesare designed to be accessed from both the front andthe 1 hitachi s New ATM (HT-2845)

4 For World ATM is equipped with a banknote recycling system andbased on the concepts of versatility and s Automated Teller Machine and Cash Recycling Module for the World Market 18variety of functions from the staff can easily access banknote cassetteswhich are installed adjacent to one another.(3) Compactness and large capacityThe HT-2845 ATM has a small footprint of 570 630 mm, which is about 60% that of hitachi spreceding ATM. The ATM can still have a large numberof banknote cassettes, each holding up to 2,000 2,900banknotes due to the use of a simple two-way paper-path configuration and a smart stacking large capacity accepts big changes andconcentrations of traffics.(4) Expandability of banking servicesAn open-platform and Web-software-based browserin the HT-2845 ATM provides easy customization ofthe operation menu and interfaces at local OF Automated DEPOSITAND BANKNOTE RECYCLINGThe HT-2845 ATM has the following advantages:(1) Automated deposit functionWith the Automated deposit function, the HT-2845 ATM can adjust account information immediately afterthe deposit transaction.

5 This function eliminates theneed for the bank staff to count and record thedeposited banknotes in the back office.(2) Banknote recycling systemThe banknote recycling system can divert depositedbanknotes into use for subsequent withdrawaltransactions, storing banknotes in the same place forboth deposit and withdrawal (see Fig. 2).This system reduces the required space for storingcash needed for withdrawal, and banks can release theirfunds for alternative can also reduce ATM running costs, becausefrequent cash replenishment is not S NEW CASH MODULEThis chapter describes hitachi s new Cash Module(HCM), HT-3842, which enables the HT-2845 ATMto have the features described above (Fig. 3).Configuration and ActionsThe HT-3842 HCM is divided into an upper and alower unit (see Fig.)

6 4).The upper unit is a note-recognition unit consistingof a cash in and out slot, a bill validator, a temporarystacker, and note-transport mechanisms. The lower unitis a banknote storage and it can be installed in a lower unit can be equipped with up to fiveFig. 2 Banknote Recycling ATM has the same banknote storage space for both depositand withdrawal 3 hitachi s New Cash Module (HT-3842).HT-3842 is installed in the new ATM for world market.(2) User-friendly operationUsers enjoy easy-to-do operation, with bulkdeposits and withdrawals of up to 100 notes through asingle cash slot. Banknotes of different sizes can behandled at 15-inch large liquid-crystal display with a touchpanel provides user-friendly operation and offers aAT MDepositWithdrawalBanknote storageHitachi s Automated Teller Machine and Cash Recycling Module for the World Market with the ATM, the HT-3842 HCMprocesses banknotes as follows:(1) It counts and validates the banknotes deposited bya customer and sends them to the temporary stacker(escrow).

7 (2) It sends banknotes from the temporary stacker andstacks them in the cassettes.(3) It dispenses banknotes from the cassettes and sendsthem to the cash in/out slot, validating each banknotein the MechanismsThe HT-3842 HCM has the following keymechanisms for the excellent performance of itsfunctions.(1) Cash in and out slotA single cash slot can handle bulk notes for bothdeposit and withdrawal transactions. This enablessimple and easy operation for ATM in bad condition are detected by a sensingsystem and returned distance between banknotes fed into the systemis strictly controlling system with paddle-roller rotationenables stacking banknotes of various sizes in mechanisms prevent the jamming ofbanknotes.

8 (2) Banknote transport mechanismA simple two-way mechanical configurationprovides high transport highly flexible and low-load durabletransport belts, HCM can process banknotes at a speedof approximately 8 notes a second, which is the highestspeed for banknote recycling modules handling sensors along the path are tunedautomatically to prevent sensing troubles caused bydust.(3) Temporary stacker (escrow)The temporary stacker has a dram wheel that rollsup and winds off banknotes in the deposit mechanism enables handling banknotes of varioussizes and those in bad condition.(4) CassettesThe cassettes can hold a large number of banknotes,by stacking banknotes vertically and lining them OUT INTO THE WORLD MARKETIn 2000, hitachi participated in CIFTEE (ChinaInternational Exhibition on Financial Technology andEquipment) in Beijing to demonstrate its HT-2845 ATM, which was approved by Chinese governmentleaders and bank executives.

9 In March, 2001, the ATMbegan its operation in China, and so far about 100 ATMs with cash recycling are in is now providing its cash-handling module,HT-3842 HCM, to global ATM manufacturers. Somemanufacturers have already exhibited their originalcash-recycling ATM integrating HT-3842 (RetailDelivery Show, , January 2000; CeBIT,Germany, March 2001).Fig. 4 Modular Configuration ofHitachi s Cash Module (HT-3842).The banknote storage can beinstalled in a security safe, due to theseparate configuration of the upperand lower doorCash in/out slotFront doorBill validatorTemporary stacker (escrow)Upper unitLower unitCash recycling boxesand/orCash acceptance boxesCassettesHitachi s Automated Teller Machine and Cash Recycling Module for the World Market 20 CONCLUSIONSH itachi has developed a new cash-recycling ATMwith a cash module with cash recycling features thatoffers high-speed processing and a large banknotecapacity for use customized this HT-2845 ATM for theJapanese market and already installed more than 2,000units throughout part of its cash-handling solutions in the fieldof banking automation and in alliance with global ATMmanufacturers, hitachi intends to make its cash-recycling ATM available globally not only in Asia butalso in Europe and the the second half of 2002.

10 hitachi will add to HT-3842 HCM a tracing function to identify accountholders depositing counterfeit banknotes, in order tocomply with the Council Regulation of the EuropeanCentral Bank. hitachi is going to produce such HCMsfor the European intends to continue its effort to followmarket requirements in banking automation and willABOUT THE AUTHORST akeshi KanagawaJoined hitachi , Ltd. in 1991, and now works at theOverseas Business Project Team of the MechatronicsSystems Division. He is currently engaged in thepromotion of hitachi s cash module Kanagawa can be reached by e-mail MatsuuraJoined hitachi , Ltd. in 1980, and now works at theOverseas Business Project Team of the MechatronicsSystems Division. He is currently engaged insupervising world businesses and Matsuura is a member of The Japan Society ofMechanical Engineers and can be reached by e-mailat promoting new banking solutions for the (1) H.