KAL’s RTM has secured an innovation award for Malaysia’s Hong Leong Islamic Bank.
The Asset’s Triple A Digital Awards recognise financial institutions and technology firms that have excelled in innovating and developing a unique digital experience for customers across the Asia-Pacific region.
Hong Leong Islamic Bank and Zakat Selangor Malaysia have held a ceremony to officially unveil KAL’s Retail Teller Machine (RTM) which is being used to make religious charitable payments.
KAL recently exhibited at Middle East ATMs 2014 held December 8th-9th at the Radisson Blu Hotel, Dubai Deira Creek, UAE.
At the conference KAL CEO Aravinda Korala presented “RTMs transform banking channels”. As banks strive to improve the experience for customers and cut branch costs, this presentation discussed how to deliver banking services at one tenth of the cost of an ATM, while at the same time providing an integrated banking system including a full set of ATM transactions, access to a bank’s website, and a range of additional transactions including bill payments.
KAL customer, ENCASH, recently showcased the RTM at the Rural Bank Association of the Philippines’ (RBAP) 60th annual convention in Manila.
The event took place on June 10-11 and featured an RTM booth within which attendees could view demonstrations or try out the device for themselves.
KAL’s Retail Teller Machine (RTM) was recently featured on Sky News Australia, as global interest in the new RTM product soars.
Steve Hensley, Executive Vice President of Global Sales, was invited on to the station’s Technology Behind Business show to explain the ways in which branchless banking will be revolutionised by the cashless ATM.
Global ATM software company, KAL, today launched the Retail Teller Machine (RTM): a revolutionary cashless ATM which is set to transform branchless banking forever.
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Branch banking is set to be transformed by KAL's revolutionary new cashless RTM. As banks strive to reduce costs and improve customer service at the branch, KAL believes that RTMs are the way forward.
RTMs are low-cost authorisation-machines that are ideal for in-branch use. The customer can take his time to browse the bank’s services, read any available targeted messages, speak to a video teller and make a final transaction selection without pressure, and then commit his choice either automatically at a Teller Cash Recycler/ATM or manually at a teller. - Aravinda Korala, KAL’s CEO