A great recognition for the high standards of financial strength, innovation skills and economic performance. The purpose of the INOVADORA COTEC Statute is to distinguish companies with superior performance in the market. We are extremely pleased with this recognition. It again reflects the excellent team work and therefore a well-deserved achievement for the whole Feerica team.
Our Feerica Business Development Director for Europe, Marcel Bosland and our R&D Director, Rui Pereira presented a “Holistic and More Effective ATM and Cash Protection Approach” on a panel at Virtual Security Summit 2021. Rui had the pleasure to expose our perspective on ATM Criminality evolution, different attack Modus Operandi and proven solution to mitigate all those threats and the presentation was a success! Many thanks to the organizers and audience. Hope you enjoy it!
The year 2020 was a remarkable year for everyone as will 2021 be as well. Jointly fighting against the Covid-19 pandemic has given all of us a complete different perspective on our society and on the way we work with our customers. Despite some minor changes in how we approach our customers, more on-line instead of on-site, all our colleagues have been to able to sustain its way of doing business and have been able to continue supporting its customers with the same commitment and dedication as our customer are used to. We are proud that our whole team have shown its enormous flexibility and has adapted itself towards this ‘new’ world and maintained the right focus serving our customers in the best possible way which is highly appreciated by our customers. Based on this excellent work by our whole team during this difficult period, Feerica has been able to expand its customer base and is currently supporting more customers in more countries around the world. It is our clear intention to keep on strengthening our relationships with customers in this renewed way of working. Working in close cooperation with our customers and teaming up with them providing them the best in class solutions to meet their business needs, improve their security levels and reach higher levels of operational efficiency, is exactly our mantra.To signal this ‘new era’, Feerica will now be presenting itself with a renewed identity to reflect …
Dear valued customer, We truly appreciate the great cooperation with you and your company in 2020 and in particular we enjoy our good relationship. Both of which we definitely want to continue in 2021.We wish you a very joyful Christmas holiday and a healthy and prosperous New Year. We are looking forward to meet with you again in 2021. Feerica Team
In order to prevent the spread of the virus and the possibility of contagion this year BankSec 2020 was held on 14 and 15 December as a virtual conference. Feerica had the pleasure to participate in this conference organized by RBR which had a high quality speaker agenda, extensive exhibition area and multiple different forms of networking, including one-on-one chat. We want to thank all the speakers, sponsors and exhibitors who visited our booth and wanted to know more about our products and solutions. Also we would like to give a special thanks to the organization of RBR that was always available for any clarification and that made possible this virtual conference a huge success. You can watch the ‘fireside’ chat between Marcel Bosland, Feerica Business Development Director and Tom Hutchings, RBR director where they discuss about industry trends and give thought leadership around Feerica’s experience and solutions.
Again Feerica has successfully passed the CNPP certification in France with the most recent EVE generation of the SmartStain technology on multiple ATM and cassette types.Feerica is very proud of this achievement which reflects the success of our products and the hard work of our team over the past years.
The successful protection of cash in the End-to-End cash cycle is an extremely challenging task due to the vast number of threats being faced daily. These threats on ATM’s and Cash Transporters range from various types of physical attacks to cleverly executed logical attacks. The criminal mind constantly seeks new ways to manipulate and override existing technology implemented by the various banks and CIT’s available today. The negative socioeconomic impact on remote towns and rural villages from attacks on their ATM’s can be detrimental as residents rely on that availability of cash. Recent trends have indicated that attacks are more likely to happen in these remote regions as there is typically a low police presence, various escape routes with low traffic congestion and easy access to motorways. The problem is further exacerbated when members of the public get injured in the event of an attack on CIT performing cash services or when there is substantial collateral damage to the Post Office or Supermarket where the ATM is housed. These attacks can range from armed robberies during the replenishment process, using explosives or by vehicle ram-raids to gain access to the cash. The regulation and control of IBNS (Intelligent Banknote Neutralisation …
The Oxford definition of the words Intelligent and Active is: “Intelligent – the ability to learn, understand and think in a logical way about things; Active – is the capability of modifying its state or characteristics automatically in response to input or feedback”. This is exactly what Feerica’s SmartStain ATM Protection technology is all about as it is constantly learning and understanding the threats that surrounds it and therefore protects accordingly. The Problem There are many different ways to attack a cash point machine. These attacks range from traditional physical attacks like cutting, grinding, drilling, ram-raids and the use of either gas or solid explosives. These types of attacks are performed with speed and accuracy with no regard for collateral damage or injury to innocent bystanders. Logical ATM attacks include the use of malware to manipulate the ATM to dispense cash unlawfully. Passive ATM protection systems are plastic bottles that house the ink inside the ATM cassette lids and they lay dormant until such time as there is a tremulous force that ruptures the bottles to release the inks on to the bank notes. Due to the unpredictable nature of explosions, passive ink bottles cannot guarantee success of 100% coverage on all the notes if …
Cash-in-Transit heists are organized criminal operations, executed with military-style planning and precision. Over the past 30 years there have been many different types of attacks on CIT service providers around the world. In some cases, these attacks lead to severe violence which not only puts the CIT crew and public bystanders’ lives at risk but also leads to substantial collateral damage. The ProblemDue to the growing volumes of cash required in today’s cash supply chain, it makes CIT operators attractive targets for criminals. It is therefore imperative that CIT service providers are prepared for this ongoing risk. Most CIT companies use armoured vehicles with intelligent exit & entry doors in conjunction with drop safes and cubicles inside these vehicles where the cash is kept. Some CIT operators in certain countries are permitted by governing law to use firearms for protection but this often results in aggravating the problem as it increases the level of intensity of attacks from criminals who are also heavily armed. These criminal syndicates generally work in large teams and occasionally recruit corrupt CIT staff as part of their organization to assist them with large heists. The Solution There are many different types of cash movements and country …
These are the statistics and the harsh reality of the situation today. At Feerica, we believe we have the solutions to assist in stopping this global problem. We produce high-tech Intelligent Banknote Neutralization Systems (IBNS) for Commercial Banks, IADs, ATM’s and the Cash-In-Transit (CIT) business sector. Since 1982 our approach to the cash protection industry is one of providing solutions to problems. The ProblemThe increasing number of ATM equipment, its geographic spread and the large amounts of cash stored in each machine constitutes a substantial exposure to risk. They are one of the most attractive targets for violent attacks through several methods and techniques which include both physical and logical attacks. Physical attacks include the use of gas and solid explosives, drilling, grinding and ram-raids on cash point machines to gain access to the cash contents. Physical attacks have increased in popularity and have evolved over time as the tools needed are easy to come by and are typically performed in regions where there is a low police presence or quick access to escape routes. These type of attacks have been known to happen shortly after ATM’s are serviced or replenished over month-end periods. Criminals often work in collusion with internal …
