CMS’s ALGO OTC application now secures 30% ATMs in India
CMS’s ALGO OTC application now secures 30% ATMs in India
World’s first AI automated ATM Security software application further aims to expand coverage
Mumbai, 19 April 2023: CMS Info Systems Limited, India’s leading business services company offering banking logistics and technology services, has now secured 30% ATMs across India through its proprietary award-winni ng security application ‘ALGO OTC’. This application helps banks implement RBI guidelines on OTC Lock Activat ion to ensure the mitigation of risks during ATM operations and enhancing security.
Launched in 2019, ALGO OTC is the world's first fully automated, Artificial Intelligence powered and mobility-based ATM security software application. ALGO OTC is equipped with first-ever Geo fencing and GPS-enabled user face reco...