Mumbai, Maharashtra, India:Cisco today announced availability of its Connected ATM Solution that will help banks in India deploy automated teller machine facilities in remote locations across the country. With greater emphasis on financial inclusion, the new solution from Cisco is aimed at helping banks meet the Government of India mandate for ATM network expansion across the country, with specific emphasis on rural connectivity. This solution underscores Cisco’s commitment to participate in opportunities to drive inclusive growth and contribute to country transformation.
This solution is part of the Cisco Internet Protocol Next-Generation Network (IP NGN) architecture and features Cisco's Integrated Services Routers (ISRs) with an third-generation (3G) wireless and CDMA connectivity option based on the Cisco 3G wireless WAN High-Speed Interface Card (HWIC), suitable for both backup and primary applications. This wireless connectivity option, when coupled with a service provider wireless data plan, provides a cost-effective, rapidly deployable, reliable, and highly secure backup solution for remote sites and branch offices. Cisco has customized this offering to suit remote and off-site ATM operations that require low data usage but have high security requirements.
The remote/off-site ATM solution comprises two components, a Cisco 860VAE Series Integrated Services Router at each of the ATM locations and a pair of Cisco head-end routers at the data center (DC) and disaster recovery (DR) locations. The Cisco 860VAE Series Integrated Services Routers are ideal for this solution as they combine increased network performance with advanced security to allow standalone service orchestration points such as ATMs or point-of-sale (POS) systems to get the most from their broadband connection.
The ATMs will connect to the 860 VAE ISE routers on Ethernet port while the cellular interface connects to the service provider cloud, where the traffic from the cellular interface is inducted in the MPLS (Multi-protocol Label Switching) cloud and is routed to the bank’s DC and DR locations. Traffic on the cellular network is secured through the creation of an Internet Protocol Security (IPsec) tunnel from the router at the ATM location and is terminated at the Cisco head-end router in the bank’s DC and DR site.
-- Quick and Rapid Deployment: Integration of 3G WWAN modem into the router results in simplified installation and management process.
-- Enhanced Security: The solution offers end-to-end Internet Protocol Security (IPsec) tunneling with 3DES encryption for secured data flow over the network.
--Easy Management: Banks can manage the entire network using the same homogenous management and reporting tool.
-- Connectivity: Apart from supporting the latest 3G standards, the new router is also compatible with CDMA Connectivity and is backward-compatible with Universal Mobile Telecommunications Service (UMTS), Enhanced Data Rates for Global Evolution (EDGE), General Packet Radio Service (GPRS), and EVDO Rev 0/1xRTT.
-- Additional Services: Cellular technology deployment brings more bandwidth per ATM for additional applications to be provisioned in the ATM.
-- Short Installation Time and Instant Connectivity: Wireless data services allow instant connectivity wherever there is cellular coverage, and rapid deployment allows banks to quickly set up networks with WAN connectivity – ideal for temporary or seasonal sites
-- Portability: There is a greater ease of relocating wireless routers and Cisco 3G WWAN HWICs to where network coverage is available
-- Reduced TCO: The emerging 3G WWAN cellular data service plans are competitively priced with existing wireline services (ISDN, DSL, and cable). 3G WWAN solutions also allow financial institutions to consolidate their service providers across large geographical areas, reducing OPEX expenditure on connectivity solutions
-- IPv6 Compliance: The solution is compliant with the Government of India guidelines on IPv6
Mr. Avinash Purwar, senior vice president, Cisco India and SAARC
“Banks realize that in order to attain sustainable and profitable growth, they must adopt innovative and cost-effective IT solutions that comply with stringent industry regulations. Cisco’s solution-led approach and strong play in architectures help BFSI institutions choose and implement the right technology while addressing scalability and security issues. Cisco has been instrumental in developing tailor-made solutions for the BFSI vertical, and integrated solutions like Cisco 3G WWAN HWICs will help Indian banks to significantly increase ATM penetration, while also ensuring security and cost-effectiveness.”
To know more
Cisco Banking Solutions
Cisco 3G Wireless WAN High-Speed WAN Interface Card
Cisco Integrated Service Routers
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Rasick Gowda, Cisco, +91 (80) 41369363