KAL is a company specialising in ATM software for bank ATMs, self-service kiosks, and bank branch networks. All KAL products are multivendor, Windows-compliant and conform to the industry XFS standard. KAL is the world's number two supplier of true multivendor ATM software. KAL supplies its software to major global banks including China Construction Bank, Citibank and

UniCredit UniCredit S.p.A. is an international banking group headquartered in Milan. It is Italy's only systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world's 34th largest by assets. It was fo ...

History

The company was established in 1989 by Dr. Aravinda Korala; hence Korala Associates Limited. KAL is headquartered in

Edinburgh Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian on the southern shore of t ...

, Scotland. KAL also has office locations elsewhere in the UK, plus in the US,

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located entirel ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

, China, Japan,

Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...

and Australia. In 2011 KAL won the

Queen's Award for Enterprise The Queen's Awards for Enterprise is an awards programme for British businesses and other organizations who excel at international trade, innovation, sustainable development or promoting opportunity (through social mobility). They are the highest ...

in the International Trade category.

Products

KAL's major product is self-service software for ATMs and kiosks. In 2012, KAL introduced the RTM (Retail Teller Machine). The RTM dispenses vouchers instead of cash meaning banks can operate in previously inaccessible areas while still offering the complete feature set of an ATM. KAL was the first ATM software company to deliver its products certified for

Microsoft Windows 8 Windows 8 is a major release of the Windows NT operating system developed by Microsoft. It was released to manufacturing on August 1, 2012; it was subsequently made available for download via MSDN and TechNet on August 15, 2012, and later to r ...

– just one week after the new operating system was officially launched by

Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washin ...

in November 2012.

Industry standards and organisations

KAL is a participatory member of the ATM and self-service industry and belongs to the following industry associations and standards: * Product suite conformed to the WOSA 1.11 industry standard in 1995 (later renamed to XFS in 2000) * The

Payment Card Industry Security Standards Council The Payment Card Industry Security Standards Council (PCI SSC) was formed by American Express, Discover Financial Services, JCB International, MasterCard and Visa Inc. on September 7, 2006, with the goal of managing the ongoing evolution of the ...

* Membership of ATM Industry Association (ATMIA)

References

{{reflist

External links

Official KAL siteOfficial RTM site
Technology companies of the United Kingdom