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OKI honored for development of groundbreaking cash recycling ATM

Launched in 1982, the AT-100 helped make the concept of a cash recycling ATM commercially viable, according to the Information Processing Society of Japan.

April 14, 2015

The Information Processing Society of Japan has conferred Information Processing Technology Heritage certification upon OKI for its AT-100 cash recycling ATM, launched in 1982 as the world's first cash-recycling ATM.

The certification recognizes the historical significance of the AT-100 as a product built on seminal information processing technology, an OKI press release said.

Making banknote recycling technology commercially viable required cutting-edge technologies in the areas of hardware mechanisms, controls, and software, as well as high-quality manufacturing technologies, according to the release.

"Since the appearance of the AT-100, the cash-recycling ATM entered the mainstream in Japan realizing around-the-clock cash-handling services, and became part of the essential infrastructure of the Japanese economy," said Seiji Mouri, executive officer and general manager of the OKI systems hardware business division. "In recent years, OKI's ATMs have influenced the industry to deliver cutting-edge technologies not just in Japan, but worldwide."

The Information Processing Technology Heritage program certifies historical products and achievements that helped establish the foundations of Japan's information processing technologies.