China Merchants Bank has selected NCR’s Dynamic eLock Management solution to help the bank centralize the management of safe box keys and passwords across its ATM network.
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NCR Dynamic eLock management solution is a software-based automated teller machine (ATM) electronic key management solution.
The software solution restricts the access to an ATM’s safe boxes to only authorized users with an IC (integrated chip) smart key and a one-time password. It will help the bank improve the related risks, efficiency and costs issues brought by traditional manual ATM locks during cash replenishment and while conducting service maintenance.
"Although all ATMs of China Merchants Bank are non-NCR branded, NCR Dynamic eLock Management Solution is multi-vendor compliant, which can support various safe standards and different types of locks. The solution can easily connect with the bank’s cash management system and monitoring system for easy upgrade and development," said by NCR in a statement.
NCR said that it will customize development and implementation of the solution. It is expected the solution will be live nationwide by the end of this year.
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