Oberthur Cash Protection
Encyclopedia
Oberthur Cash Protection is a French manufacturer of Intelligent Banknote Neutralisation Systems
to protect cash, based in Dijon
, France
. Established in 1985, the company holds one of the first IBNS
patents to protect valuables by neutralizing them with ink and, as of 2011, is the largest manufacturer of Intelligent Banknote Neutralisation systems
in the world, with over 60,000 systems installed.
) has invented the very first Intelligent Banknote Neutralization System
to protect Cash-in-transit
using ink as a degradation agent. The invention was made in collaboration with one of Axytrans' customers, a French Cash-in-transit
company VALTIS, who was searching for alternative way to protect valuables during Cash-in-transit
The product, called ATV (Axytrans Transport de Valeurs) was designed to provide Cash-in-transit
companies with an alternative way of transporting valuables. It was first used in 1990 by the Belgium Post for their Cash-in-transit
operation. In 1991 French law was modified to allow use of ATV on an experimental basis and the French CIT company VALTIS started using it to service three regional banks. Even though the pilot turned out to be successful the ATV was not well accepted by many CIT companies who argued that firearms and armoring provide better protection to valuables. Nevertheless the company has become very well-known in France
and Belgium
, and up to this date “Axytrans” is often used as a generic term to describe Intelligent Banknote Neutralisation System
.
In 1990 the post of Belgium officially addressed Oberthur Cash Protection over the Belgian Ministry of Interior for the implementation of IBNS for the transport of cash in unarmored vehicles. The reason for this was frequent and violent attacks against armored vehicles.
In 1991 the French CIT company VALTIS started using the ATV to service three regional banks.
In 1993 Axytrans was purchased by Group François-Charles Oberthur.
In 2003 Oberthur Cash Protection, operating as Axytrans introduced its first Intelligent Banknote Neutralisation System
to protect cash inside of the ATM
.
In 2004 Oberthur Cash Protection, operating as Axytrans received the quality management certification ISO 9001.
In 2007 Oberthur Cash Protection, operating as Axytrans acquired Fluiditi, a part of the NCR
group, specializing in ATM cash protection and changed its name to Oberthur Cash Protection.
(IBNS
) – security systems which protect valuables by marking them as stolen with indelible security ink during Cash-in-transit
, inside of retail machines, and ATMs
.
Such systems are often called “intelligent” because they are self-monitored and independently take actions based on a number of criteria and pre-programmed modes.
against physical attacks. Such attacks usually are carried out with the intention of gaining access to the cash
within the ATM safe or the ATM security enclosure through mechanical or thermal means with the ultimate goal being to penetrate the ATM and remove the cash. Typical customers for this type of protection are ATM deployers and manufacturers.
companies, banks
, security companies
)
and during storage against physical attacks and theft
. Typical customers are banknote deposit machine manufacturers and deployers for the vending, gaming
, amusement
, transportation, retail
, and kiosk
markets.
Oberthur Cash Protection is known to collaborate with Police
/ Europol
, Vigie Billet and Banknote Watch, National Central Banks, and Standardization Commission to communicate and promote Ink Staining technology, as well as to facilitate solving the crimes where IBNS has been involved. Oberthur Cash Protection also plays a role as a legal expert in enquiries, arrests and prosecutions in all the countries where its systems are used.
Oberthur Cash Protection is a member of EURICPA (European Intelligent Cash Protection Association) and ATMIA (ATM Industry Association ATM Industry Association)
, Credit Agricole
, BNP Paribas
, Credit du Nord
, BPCE
, Banque Postale, Banque De France
, Barclays, Royal Bank of Canada
, CIBC, Swedbank
, Raiffeisen Bank, and others), and ATM manufacturers (NCR
, Wincor Nixdorf
, Diebold
, retailers, and others)
in circulation in more than 15 countries in Europe
, Africa
and Oceania
(Australia
, New Zealand
).
As of 2011 the company employs 66 people at three sites: Paris
, Dijon
and Dundee
(Great Britain
).
of cash protection systems (design, manufacture, use, recycling
and disposal
), Oberthur Cash Protection engages in a voluntary environmental protection
. Two majors action are respected: 1. Implementation of the WEEE norm which requires the wastes recycling. The company recycles the ATV, ATM and others products to reuse different pieces for manufacturing of others products and 2. Implementation of the ROHS
norm that requires taking away lead from circuit board.
Intelligent banknote neutralisation system
Intelligent Banknote Neutralisation System is a security system which protects valuables against unauthorised access to its contents by rendering it unusable by marking all the cash as stolen by a degradation agent when an attempted attack on the system is detected.Well neutralised banknotes...
to protect cash, based in Dijon
Dijon
Dijon is a city in eastern France, the capital of the Côte-d'Or département and of the Burgundy region.Dijon is the historical capital of the region of Burgundy. Population : 151,576 within the city limits; 250,516 for the greater Dijon area....
, France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
. Established in 1985, the company holds one of the first IBNS
Intelligent banknote neutralisation system
Intelligent Banknote Neutralisation System is a security system which protects valuables against unauthorised access to its contents by rendering it unusable by marking all the cash as stolen by a degradation agent when an attempted attack on the system is detected.Well neutralised banknotes...
patents to protect valuables by neutralizing them with ink and, as of 2011, is the largest manufacturer of Intelligent Banknote Neutralisation systems
Intelligent banknote neutralisation system
Intelligent Banknote Neutralisation System is a security system which protects valuables against unauthorised access to its contents by rendering it unusable by marking all the cash as stolen by a degradation agent when an attempted attack on the system is detected.Well neutralised banknotes...
in the world, with over 60,000 systems installed.
History
In 1983 Oberthur Cash Protection (operating as Axytrans, part of Axytel - a company specialized in the design and manufacture of credit cards and checksCheque
A cheque is a document/instrument See the negotiable cow—itself a fictional story—for discussions of cheques written on unusual surfaces. that orders a payment of money from a bank account...
) has invented the very first Intelligent Banknote Neutralization System
Intelligent banknote neutralisation system
Intelligent Banknote Neutralisation System is a security system which protects valuables against unauthorised access to its contents by rendering it unusable by marking all the cash as stolen by a degradation agent when an attempted attack on the system is detected.Well neutralised banknotes...
to protect Cash-in-transit
Cash-in-transit
Cash-in-transit or Cash/valuables-in-transit are terms used to refer to the physical transfer of banknotes, coins and items of value from one location to another....
using ink as a degradation agent. The invention was made in collaboration with one of Axytrans' customers, a French Cash-in-transit
Cash-in-transit
Cash-in-transit or Cash/valuables-in-transit are terms used to refer to the physical transfer of banknotes, coins and items of value from one location to another....
company VALTIS, who was searching for alternative way to protect valuables during Cash-in-transit
Cash-in-transit
Cash-in-transit or Cash/valuables-in-transit are terms used to refer to the physical transfer of banknotes, coins and items of value from one location to another....
The product, called ATV (Axytrans Transport de Valeurs) was designed to provide Cash-in-transit
Cash-in-transit
Cash-in-transit or Cash/valuables-in-transit are terms used to refer to the physical transfer of banknotes, coins and items of value from one location to another....
companies with an alternative way of transporting valuables. It was first used in 1990 by the Belgium Post for their Cash-in-transit
Cash-in-transit
Cash-in-transit or Cash/valuables-in-transit are terms used to refer to the physical transfer of banknotes, coins and items of value from one location to another....
operation. In 1991 French law was modified to allow use of ATV on an experimental basis and the French CIT company VALTIS started using it to service three regional banks. Even though the pilot turned out to be successful the ATV was not well accepted by many CIT companies who argued that firearms and armoring provide better protection to valuables. Nevertheless the company has become very well-known in France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
and Belgium
Belgium
Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...
, and up to this date “Axytrans” is often used as a generic term to describe Intelligent Banknote Neutralisation System
Intelligent banknote neutralisation system
Intelligent Banknote Neutralisation System is a security system which protects valuables against unauthorised access to its contents by rendering it unusable by marking all the cash as stolen by a degradation agent when an attempted attack on the system is detected.Well neutralised banknotes...
.
In 1990 the post of Belgium officially addressed Oberthur Cash Protection over the Belgian Ministry of Interior for the implementation of IBNS for the transport of cash in unarmored vehicles. The reason for this was frequent and violent attacks against armored vehicles.
In 1991 the French CIT company VALTIS started using the ATV to service three regional banks.
In 1993 Axytrans was purchased by Group François-Charles Oberthur.
In 2003 Oberthur Cash Protection, operating as Axytrans introduced its first Intelligent Banknote Neutralisation System
Intelligent banknote neutralisation system
Intelligent Banknote Neutralisation System is a security system which protects valuables against unauthorised access to its contents by rendering it unusable by marking all the cash as stolen by a degradation agent when an attempted attack on the system is detected.Well neutralised banknotes...
to protect cash inside of the ATM
Automated teller machine
An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...
.
In 2004 Oberthur Cash Protection, operating as Axytrans received the quality management certification ISO 9001.
In 2007 Oberthur Cash Protection, operating as Axytrans acquired Fluiditi, a part of the NCR
NCR Corporation
NCR Corporation is an American technology company specializing in kiosk products for the retail, financial, travel, healthcare, food service, entertainment, gaming and public sector industries. Its main products are self-service kiosks, point-of-sale terminals, automated teller machines, check...
group, specializing in ATM cash protection and changed its name to Oberthur Cash Protection.
Products
Oberthur Cash Protection manufacturers Intelligent Banknote Neutralisation SystemsIntelligent banknote neutralisation system
Intelligent Banknote Neutralisation System is a security system which protects valuables against unauthorised access to its contents by rendering it unusable by marking all the cash as stolen by a degradation agent when an attempted attack on the system is detected.Well neutralised banknotes...
(IBNS
Intelligent banknote neutralisation system
Intelligent Banknote Neutralisation System is a security system which protects valuables against unauthorised access to its contents by rendering it unusable by marking all the cash as stolen by a degradation agent when an attempted attack on the system is detected.Well neutralised banknotes...
) – security systems which protect valuables by marking them as stolen with indelible security ink during Cash-in-transit
Cash-in-transit
Cash-in-transit or Cash/valuables-in-transit are terms used to refer to the physical transfer of banknotes, coins and items of value from one location to another....
, inside of retail machines, and ATMs
Automated teller machine
An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...
.
Such systems are often called “intelligent” because they are self-monitored and independently take actions based on a number of criteria and pre-programmed modes.
ATM cash protection
ATM cash protection systems protect cash inside the ATMAutomated teller machine
An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...
against physical attacks. Such attacks usually are carried out with the intention of gaining access to the cash
Cash
In common language cash refers to money in the physical form of currency, such as banknotes and coins.In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately...
within the ATM safe or the ATM security enclosure through mechanical or thermal means with the ultimate goal being to penetrate the ATM and remove the cash. Typical customers for this type of protection are ATM deployers and manufacturers.
CIT cash protection
CIT cash protection systems protect cash during transportation and storage, as well as during ATM replenishments (cash or cassettes) against physical attacks (drilling, cutting, strokes, chemicals, extreme cold and heat, explosives, etc.) and human-factor based attacks (internal theft, kidnapping, blackmailing, bribery, negligence, etc.). Typical customers are companies which are professionally involved in cash handling and transportation either contracted or intern (CITCash-in-transit
Cash-in-transit or Cash/valuables-in-transit are terms used to refer to the physical transfer of banknotes, coins and items of value from one location to another....
companies, banks
Banks
Banks or The Banks may refer to:* Bank, a financial institution- Placenames :Australia* Banks, Australian Capital Territory, a suburb of Canberra...
, security companies
Private security companies
Private security companies can refer to:* companies that employ security guards* Private military companies* Private security company...
)
Retail cash protection
Retail cash protection systems protect cash inside banknote deposit machinesCurrency detector
A currency detector is a device that determines if a piece of currency is, or is not, counterfeit. These devices are used in vending machines that accept payment and dispense a product to a customer...
and during storage against physical attacks and theft
Theft
In common usage, theft is the illegal taking of another person's property without that person's permission or consent. The word is also used as an informal shorthand term for some crimes against property, such as burglary, embezzlement, larceny, looting, robbery, shoplifting and fraud...
. Typical customers are banknote deposit machine manufacturers and deployers for the vending, gaming
Gaming
Gaming is the act of playing a game.Gaming may also refer to:* A synonym for Gambling; playing games of chance for money.* Playing a role-playing game, in which players assume fictional roles....
, amusement
Amusement
Amusement is the state of experiencing humorous and entertaining events or situations, and is associated with enjoyment, happiness, laughter and pleasure...
, transportation, retail
Retail
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
, and kiosk
Kiosk
Kiosk is a small, separated garden pavilion open on some or all sides. Kiosks were common in Persia, India, Pakistan, and in the Ottoman Empire from the 13th century onward...
markets.
Oberthur Cash Protection is known to collaborate with Police
Police
The police is a personification of the state designated to put in practice the enforced law, protect property and reduce civil disorder in civilian matters. Their powers include the legitimized use of force...
/ Europol
Europol
Europol is the European Union's criminal intelligence agency. It became fully operational on 1 July 1999....
, Vigie Billet and Banknote Watch, National Central Banks, and Standardization Commission to communicate and promote Ink Staining technology, as well as to facilitate solving the crimes where IBNS has been involved. Oberthur Cash Protection also plays a role as a legal expert in enquiries, arrests and prosecutions in all the countries where its systems are used.
Oberthur Cash Protection is a member of EURICPA (European Intelligent Cash Protection Association) and ATMIA (ATM Industry Association ATM Industry Association)
Customers
Oberthur Cash Protection’s customers are major CIT companies (G4S, Loomis, Brinks, Prosegur), banks (Travelex, HBOSHBOS
HBOS plc is a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group having been taken over in January 2009...
, Credit Agricole
Crédit Agricole
Crédit Agricole S.A. is the largest retail banking group in France, second largest in Europe and the eighth largest in the world by Tier 1 capital according to The Banker magazine. It is also part of the CAC 40 stock market index....
, BNP Paribas
BNP Paribas
BNP Paribas S.A. is a global banking group, headquartered in Paris, with its second global headquarters in London. In October 2010 BNP Paribas was ranked by Bloomberg and Forbes as the largest bank and largest company in the world by assets with over $3.1 trillion. It was formed through the merger...
, Credit du Nord
Crédit du Nord
Crédit du Nord is a French retail banking network.It consists of the followings banks:* Banque Courtois, Toulouse, Aquitaine * Banque Kolb, Alsace, Lorraine* Banque Laydernier, Savoy...
, BPCE
BPCE
Groupe BPCE is France's second largest bank, formed by the 2009 merger of CNCE and BFBP , has more than 8,200 branches nationwide under their respective brand names serving nearly 40 million customers...
, Banque Postale, Banque De France
Banque de France
The Banque de France is the central bank of France; it is linked to the European Central Bank . Its main charge is to implement the interest rate policy of the European System of Central Banks...
, Barclays, Royal Bank of Canada
Royal Bank of Canada
The Royal Bank of Canada or RBC Financial Group is the largest financial institution in Canada, as measured by deposits, revenues, and market capitalization. The bank serves seventeen million clients and has 80,100 employees worldwide. The company corporate headquarters are located in Toronto,...
, CIBC, Swedbank
Swedbank
Swedbank AB is a leading Nordic-Baltic banking group with 9.5 million retail customers and 534,000 corporate customers in Sweden, Estonia, Latvia, and Lithuania. In Sweden, the group has 377 branches. In the Baltic countries, it has another 224 branches...
, Raiffeisen Bank, and others), and ATM manufacturers (NCR
NCR Corporation
NCR Corporation is an American technology company specializing in kiosk products for the retail, financial, travel, healthcare, food service, entertainment, gaming and public sector industries. Its main products are self-service kiosks, point-of-sale terminals, automated teller machines, check...
, Wincor Nixdorf
Wincor Nixdorf
Wincor Nixdorf is a German corporation that provides retail and retail banking hardware, software, and services. Wincor Nixdorf is engaged primarily in the sale, manufacture, installation and service of self-service transaction systems , retail banking equipment, lottery terminals, postal...
, Diebold
Diebold
Diebold, Inc. is a United States-based security systems corporation that is engaged primarily in the sale, manufacture, installation and service of self-service transaction systems , electronic and physical security products , and software and integrated systems for global financial and...
, retailers, and others)
Key figures
The company has more than 60, 000 Intelligent Banknote Neutralisation SystemsIntelligent banknote neutralisation system
Intelligent Banknote Neutralisation System is a security system which protects valuables against unauthorised access to its contents by rendering it unusable by marking all the cash as stolen by a degradation agent when an attempted attack on the system is detected.Well neutralised banknotes...
in circulation in more than 15 countries in Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
, Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...
and Oceania
Oceania
Oceania is a region centered on the islands of the tropical Pacific Ocean. Conceptions of what constitutes Oceania range from the coral atolls and volcanic islands of the South Pacific to the entire insular region between Asia and the Americas, including Australasia and the Malay Archipelago...
(Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
, New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
).
As of 2011 the company employs 66 people at three sites: Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...
, Dijon
Dijon
Dijon is a city in eastern France, the capital of the Côte-d'Or département and of the Burgundy region.Dijon is the historical capital of the region of Burgundy. Population : 151,576 within the city limits; 250,516 for the greater Dijon area....
and Dundee
Dundee
Dundee is the fourth-largest city in Scotland and the 39th most populous settlement in the United Kingdom. It lies within the eastern central Lowlands on the north bank of the Firth of Tay, which feeds into the North Sea...
(Great Britain
Great Britain
Great Britain or Britain is an island situated to the northwest of Continental Europe. It is the ninth largest island in the world, and the largest European island, as well as the largest of the British Isles...
).
Environment
By controlling the life cycleLife cycle
Life cycle or lifecycle may refer to: * Biological life cycle* Enterprise life cycle* Life cycle assessment* New product development* Product lifecycle , various meanings* Project life cycle...
of cash protection systems (design, manufacture, use, recycling
Recycling
Recycling is processing used materials into new products to prevent waste of potentially useful materials, reduce the consumption of fresh raw materials, reduce energy usage, reduce air pollution and water pollution by reducing the need for "conventional" waste disposal, and lower greenhouse...
and disposal
Disposal
A disposal occurs in Australian rules football when a player either kicks or handballs the football. A disposal is not counted if a player fumbles or illegally disposes the ball...
), Oberthur Cash Protection engages in a voluntary environmental protection
Environmental protection
Environmental protection is a practice of protecting the environment, on individual, organizational or governmental level, for the benefit of the natural environment and humans. Due to the pressures of population and our technology the biophysical environment is being degraded, sometimes permanently...
. Two majors action are respected: 1. Implementation of the WEEE norm which requires the wastes recycling. The company recycles the ATV, ATM and others products to reuse different pieces for manufacturing of others products and 2. Implementation of the ROHS
Restriction of Hazardous Substances Directive
The Directive on the restriction of the use of certain hazardous substances in electrical and electronic equipment 2002/95/EC was adopted in February 2003 by the European Union. The RoHS directive took effect on 1 July 2006, and is required to be enforced and become law in each member state...
norm that requires taking away lead from circuit board.