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March 18, 2014

GLORY LTD.

GLORY introduces new Banknote Checking Machine GCF-200

- Authenticates counterfeit banknotes at high speeds -

Banknote Checking Machine Model GCF-200

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GLORY LTD. announces the launch of a new foreign banknote checking machine model GCF-200, which is capable of authenticating four kinds of foreign banknotes, including US dollar and Euro for sale in Japan from April 2014.

Main features:
  1. Authenticates 4 different kinds of banknotes - US Dollar, Euro, Chinese RMB and Korean Won - simultaneously
  2. Authenticates approx. 4 banknotes in a second
  3. Reads serial numbers printed in two locations of a banknote and displays and prints such numbers*a, b
  4. Compactly designed to allow for installation in limited spaces

*a. US Dollar and Euro: Reads serial numbers preprinted in two locations
   (Chinese RMB: Only a single serial number is preprinted on the banknote for reading.
   Korean Won: Serial numbers are printed on portraits, making it difficult for sensors to correctly read the numbers.)

*b. Serial number printing function is optional.

The number of overseas visitors to Japan has increased in recent years, reaching a total of more than 10 million in 2013, which represents an increase of 24% from the last record in 2012. (The data from "JNTO" the Japan National Tourist Organization) This number of visitors is expected to increase due to the Olympics being held in Tokyo in 2020. Given these circumstances, it is estimated that the demand for detecting counterfeit banknotes will increase along with the increase of foreign currencies brought in by overseas visitors.

The newly developed "GCF-200" is a banknote checking machine designed for foreign currency exchange counters at financial institutions and also for foreign currency exchangers. Details of the features are as follows:

・The sensors read serial numbers and other security information of banknotes received from customers, and identify counterfeit banknotes.

・Authenticates four kinds of banknotes (US Dollar, Euro, Chinese RMB, Korean Won) simultaneously per second, and this speed is four times higher than that of conventional machines, and significantly contributes to reducing the congestion at teller counters.

・Reads serial numbers printed in two different positions of a banknote, and eliminates sophisticated counterfeit banknotes such as the so called composite notes created by pasting multiple banknotes together.

・Shows serial numbers of banknotes both in the display and in printed forms, eliminating the need to manually keep purchasing records of foreign currencies, as well as reducing clerical administration.

・The compact design of 260 mm x 160 mm in dimension allows for installation even in a small space or at the teller counter.

GLORY will continuously gather various information on counterfeit banknotes from its many overseas subsidiaries, and utilize this information for upgrading the authenticating capability of "GCF-200" to reduce the circulation of counterfeit banknotes and contribute to developing a secure and safe society.

About GLORY LTD.

GLORY LTD., headquartered in Himeji, Japan, is a pioneer in the development and manufacture of money handling machines and systems. GLORY provides a variety of products such as money handling machines, cash management systems, vending machines, automatic service equipment, and cash management solutions that are built on its leading-edge recognition/identification and mechatronics technology. Committed to meet society's wide-ranging needs, GLORY serves the financial, retail, vending machine, amusement and gaming industries in over 100 countries around the world. GLORY employs approximately 9,000 people worldwide. For more information about GLORY, please visit GLORY's group website at http://corporate.glory-global.com/.

Contact

  • GLORY LTD.
  • Public Relations Dept.
    TEL: +81-79-297-3131

Information in this document is current on the date of the announcement and subject to change without prior notice.

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