Lantronix and Diebold have collaborated to develop networking technology which enables financial institutions to link automated teller machines (ATMs) with IT networks.
Using Lantronix's Device Server Technology, high transaction volume ATMs will no longer be tethered to leased lines, saving banks the high monthly surcharge of long distance network connections, say the companies.
The ATM architecture typically evolved separately from other banking infrastructure. Banks have in the past tended to use expensive leased line connections to connect ATMs and the overall IT network.
"Lantronix's technology has allowed us to integrate legacy networking systems with new, faster and more reliable networking protocols," says Bill Aitken, Diebold vice president of systems integration and services. "For our customers, this means the end of incompatible hardware and an entirely cohesive network at a reduced cost."