Type | Private |
---|---|
Industry | ATM software |
Founded | 1989 |
Headquarters | , |
Key people | Aravinda Korala |
Products | Kalignite Software Platform, K3A-Kalignite Advanced ATM Application, Kalignite NDC Application, KTC - Kalignite Terminal Controller, RTM |
Website | www.kal.com |
KAL is a company specialising in ATM software for bank ATMs, self-service kiosks, and bank branch networks. All KAL products are multivendor, Windows-compliant and conform to the industry XFS standard. [1] [ self-published source? ] KAL is the world's number two supplier of true multivendor ATM software. [2] KAL supplies its software to major global banks including China Construction Bank, Citibank and UniCredit. [3]
The company was established in 1989 by Dr. Aravinda Korala; [4] hence Korala Associates Limited. KAL is headquartered in Edinburgh, Scotland. KAL also has office locations elsewhere in the UK, plus in the US, Europe, India, China, Japan, Malaysia and Australia. In 2011 KAL won the Queen's Award for Enterprise in the International Trade category. [5]
KAL's major product is self-service software for ATMs and kiosks. In 2012, KAL introduced the RTM [6] (Retail Teller Machine). The RTM dispenses vouchers instead of cash [7] meaning banks can operate in previously inaccessible areas while still offering the complete feature set of an ATM. [8] KAL was the first ATM software company to deliver its products certified for Microsoft Windows 8 – just one week after the new operating system was officially launched by Microsoft in November 2012. [9]
KAL is a participatory member of the ATM and self-service industry and belongs to the following industry associations and standards:
IRIX is a discontinued operating system developed by Silicon Graphics (SGI) to run on the company's proprietary MIPS workstations and servers. It is based on UNIX System V with BSD extensions. In IRIX, SGI originated the XFS file system and the industry-standard OpenGL graphics system.
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An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff.
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An interactive kiosk is a computer terminal featuring specialized hardware and software that provides access to information and applications for communication, commerce, entertainment, or education.
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A Talking ATM is a type of automated teller machine (ATM) that provides audible instructions so that persons who cannot read an ATM screen can independently use the machine. All audible information is delivered privately through a standard headphone jack on the face of the machine or a separately attached telephone handset. Information is delivered to the customer either through pre-recorded sound files or via text-to-speech speech synthesis.
Kiosk software is the system and user interface software designed for an interactive kiosk or Internet kiosk enclosing the system in a way that prevents user interaction and activities on the device outside the scope of execution of the software. This way, the system replaces the look and feel of the system it runs over, allowing for customization and limited offering of ad-hoc services. Kiosk software locks down the application in order to protect the kiosk from users which is specially relevant under, but not only limited to, scenarios where the device is publicly accessed such libraries, vending machines or public transport. Kiosk software may offer remote monitoring to manage multiple kiosks from another location. An Email or text alert may be automatically sent from the kiosk for daily activity reports or generated in response to problems detected by the software. Other features allow for remote updates of the kiosk's content and the ability to upload data such as kiosk usage statistics. Kiosk software is used to manage a touchscreen, allowing users to touch the monitor screen to make selections. A virtual keyboard eliminates the need for a computer keyboard.
The Payment Card Industry Data Security Standard is an information security standard used to handle credit cards from major card brands. The standard is administered by the Payment Card Industry Security Standards Council, and its use is mandated by the card brands. It was created to better control cardholder data and reduce credit card fraud. Validation of compliance is performed annually or quarterly with a method suited to the volume of transactions:
The payment card industry (PCI) denotes the debit, credit, prepaid, e-purse, ATM, and POS cards and associated businesses.
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GRG Banking is a Chinese listed enterprise, specialized in the financial self-service industry. GRG Banking is engaged in research and development, manufacturing, sales and service, software development for automated teller machines, AFCs(Automated fare collection) and other currency recognition and processing equipment.
The ATM Industry Association (ATMIA), originally the ATM Owners Association, was established in 1997 in the United States as a global nonprofit trade association to service an industry that built around the global growth of the ATM.
The Four Corners model, often referred to as the Four Party Scheme is the most used card scheme in card payment systems worldwide. This model was introduced in the 1990s. It is a user-friendly card payment system based on an interbank clearing system and economic model established on multilateral interchange fees (MIF) paid between banks or other payment institutions.
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