Written by: Paycorp Holdings
Thursday, April 21, 2011 

ATM Solutions has announced that the company has decided to become a member of SABRIC (South African Banking Risk Information Centre) as from May 2011.

“As a leading role player in southern Africa’s ATM banking sector, becoming a member of various reputable industry associations such as SABRIC has always been a priority for us. Not only because it provides us with a platform to actively participate in various external organised crime detection and reduction initiatives, but also because it is an extension of our compliance and security strategy, in which we strive to take a pro-active approach towards ATM crime and card fraud detection, among others,” says Wayne Abramson, CEO ATM Solutions.

Abramson adds that ATM Solutions is looking forward to benefiting from the crime risk information updates and reports as well as consequence management services that SABRIC provides to its members.

In addition to ATM Solutions’ working with the Deloitte anonymous internal ethics hotline, the organised crime department, the explosives unit of the SAPS, the Crime Management Centre and the Hawks, the company has made in excess of 40 ground breaking arrests and recovered approximately 19 vehicles used in ATM crimes over the past two years.

SABRIC CEO, Kalyani Pillay, said that the membership of ATM Solutions will further strengthen the collective efforts of the ATM industry’s role players in the fight against crime. “We are really pleased to have ATM Solutions on board, and we are certain that their participation in the ATM industry’s crime prevention structures that SABRIC hosts will play a significant role in the reduction of organised crime.”