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Axis Bank to deploy fraud tracking ATMs

March, 25 2009 - Axis Bank has bought 400 ATMs from NCR Corporation, equipped with technology to deter ATM fraud. These ATMs also allow the bank to introduce new services such as bill payments, check deposits, ticket bookings and mobile top-ups through software and upgradeable hardware platforms.

The NCR ATM Surveillance solution captures transactional information along with the image of the ATM user that is triggered either by motion sensing or by the swipe of the card in the ATM.

The solution is based within the ATM itself, removing the dependency on additional power supply, network connections and the need to make secure enclosure for housing the equipment.

The images are stored in highly compressed format which can be viewed on the ATM monitor, allowing the bank to take necessary action when required at the ATM site without losing out on time.

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