OKI wins award from ATM Industry Association

OKI (TOKYO: 6703), in recognition of its contributions to cash recycling technology, was presented with a Silver Award at 2017 ATM & Cash Innovation Europe, the company said.

Organized by the ATM Industry Association (ATMIA), the award commemorated the 50th ATM anniversary of the world´s first ATM installation occurred in London in 1967.

OKI was well-regarded as a major vendor in this field since pioneering the development of the world´s first cash recycling technology and deploying cash-recycling ATMs in the Japanese market in 1982 as well as the way in ATM technological innovations.

In 2009, OKI launched the ATM-Recycler G7, a cash-recycling ATM capable of handling currencies of multiple countries. Since then, the cash-recycling ATM has continued to be adopted in the global ATM market, which until its introduction had been dominated by cash dispensers. The ATM-Recycler G7 is currently used in 14 countries and regions around the world.

Founded in 1881, OKI Electric Industry is Japan´s telecommunications manufacturer in the Info-telecom field. Headquartered in Tokyo, Japan, OKI provides top-quality products, technologies, and solutions to customers through its info-telecom systems and printer operations.