Cisco launches remote ATM connectivity solution
Solution from Cisco is aimed at helping banks meet the govt's mandate for ATM network expansion across the country
Networking solutions firm Cisco today announced availability of its 'connected ATM solution' that will help banks in India deploy automated teller machine facilities in remote locations across the country.
With greater emphasis on financial inclusion, the new solution from Cisco is aimed at helping banks meet the government of India mandate for ATM network expansion across the country, with specific emphasis on rural connectivity.
Avinash Purwar, senior vice-president, Cisco India and SAARC said, "Banks realise that in order to attain sustainable and profitable growth, they must adopt innovative and cost-effective IT solutions that comply with stringent industry regulations. Cisco's solution-led approach and strong play in architectures help BFSI institutions choose and implement the right technology while addressing scalability and security issues."
This solution is part of the Cisco Internet Protocol Next-Generation Network (IP NGN) architecture and features Cisco's Integrated Services Routers (ISRs) with a third-generation (3G) wireless and CDMA connectivity option. This wireless connectivity option, when coupled with a service provider wireless data plan, provides a cost-effective, rapidly deployable, reliable, and highly secure backup solution for remote sites and branch offices.
Cisco has customized this offering to suit remote and off-site ATM operations that require low data usage but have high security requirements. The Cisco 860VAE Series Integrated Services Routers combine increased network performance with advanced security to allow standalone service orchestration points such as ATMs or point-of-sale (POS) systems to get the most from their broadband connection.
The solution is expected to offer end-to-end Internet Protocol Security (IPsec) tunneling with 3DES encryption for secured data flow over the network. The wireless data services allow instant connectivity wherever there is cellular coverage, and rapid deployment allows banks to quickly set up networks with WAN connectivity – ideal for temporary or seasonal sites.