Oberthur Cash Protection
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Oberthur Cash Protection is a French manufacturer of Intelligent Banknote Neutralisation Systems to protect cash, based in
Dijon Dijon (, ; ; in Burgundian language (Oïl), Burgundian: ''Digion'') is a city in and the Prefectures in France, prefecture of the Côte-d'Or Departments of France, department and of the Bourgogne-Franche-Comté Regions of France, region in eas ...
,
France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...
. Established in 1985, the company holds one of the first IBNS
patents A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an sufficiency of disclosure, enabling discl ...
to protect valuables by neutralizing them with inkLink to original IBNS patent
as a neutralization agent, Patent record AU 582732 from 1983-08-05.
and, as of 2011, is the largest manufacturer of such systems in the world, with over 60,000 systems installed.


History

In 1983 Oberthur Cash Protection (operating as Axytrans, part of Axytel - a company specialized in the design and manufacture of credit cards and
checks Check or cheque, may refer to: Places * Check, Virginia Arts, entertainment, and media * ''Check'' (film), a 2021 Indian Telugu-language film * "The Check" (''The Amazing World of Gumball''), a 2015 episode of ''The Amazing World of Gumball'' ...
LES ECHO, FRENCH NEWSPAPER
Perruchot, Christiane. Transports de fonds: Axytel s'allie à Monts Jura. November 14, 1991
) invented the first
Intelligent Banknote Neutralization System An intelligent banknote neutralisation system (IBNS) is a security system, that is used by banks, ATMs, retail establishments, vending machines and the cash-in-transit industry, to render stolen funds un-useable and easily identifable. Dye pack ...
to protect
Cash-in-transit Cash-in-transit (CIT) or cash/valuables-in-transit (CVIT) is the physical transfer of banknotes, coins, credit cards and items of value from one location to another. The locations include cash centers and bank branches, ATM points, bureaux de c ...
using ink as a degradation agent. The invention was made in collaboration with one of Axytrans' customers, a French
Cash-in-transit Cash-in-transit (CIT) or cash/valuables-in-transit (CVIT) is the physical transfer of banknotes, coins, credit cards and items of value from one location to another. The locations include cash centers and bank branches, ATM points, bureaux de c ...
company VALTIS,VALTIS, co-founder and one of the first customers of Oberthur Cash protection
, VALTIS, French Cash-in-transit company.
who was searching for alternative way to protect valuables during Cash-in-transitStrategic Innovation Case Study of VALTIS
, Moingeon, Bertrand. Lehmann-Ortega, Laurence. Strategic Innovation is accessible to all. HEC Paris. April – May 2010
The product, called ATV (Axytrans Transport de Valeurs) was first used in 1990 by the Belgium Post for their Cash-in-transit operation. In 1991
/ref> French law was modified to allow use of ATV on an experimental basis and the French CIT company VALTIS started using it to service three regional banks. In 1990 the post of Belgium officially addressed Oberthur Cash Protection over the Belgian
Ministry of Interior An interior ministry or ministry of the interior (also called ministry of home affairs or ministry of internal affairs) is a government department that is responsible for domestic policy, public security and law enforcement. In some states, th ...
for the implementation of IBNS for the transport of cash in unarmored vehicles.LESOIR, Belgian newspaper
DU BRULLE, CHRISTIAN. NOUVELLE PROTECTION POUR LES FONDS DE LA POSTE : EN CAS DE VOL TOUT EXPLOSE. LESOIR. July 31. 1990
In 1991 the French CIT company VALTIS started using the ATV to service three regional banks. In 1993 Axytrans was purchased by Group François-Charles Oberthur.Francois Charles Oberthur Mergers and Acquisitions
/ref> In 2003 the firm introduced its first Intelligent Banknote Neutralisation System to protect cash inside of the ATM. In 2007 the firm acquired Fluiditi, a part of the NCR group,Oberthur acquires Fluiditi from NCR
HUGUE, DIDIER. Axytrans reprend à NCR la sécurisation des distributeurs de billets. March 19, 2007
specializing in ATM cash protection and changed its name to Oberthur Cash Protection. In 2011 the Card Systems and Identity Division of Oberthur Technologies was bought out by Advent International. The Secure Printing Division and Cash Protection are renamed Oberthur Fiduciaire and remained under the Savare family control.


Products

Oberthur Cash Protection manufacturers Intelligent Banknote Neutralisation Systems ( IBNS) – security systems which protect valuables by marking them as stolen with indelible security ink during
Cash-in-transit Cash-in-transit (CIT) or cash/valuables-in-transit (CVIT) is the physical transfer of banknotes, coins, credit cards and items of value from one location to another. The locations include cash centers and bank branches, ATM points, bureaux de c ...
, inside of retail machines, and ATMs. Such systems are often called “intelligent” because they are self-monitored and independently take actions based on a number of criteria and pre-programmed modes.Liberation, French newspaper
DENIS, DELBECQ. La parade du container à jet d'encre. Ce système réduit les risques et le personnel. LIBERATION. May 13, 2000.

Nouvelles parades antibraquages. L’EXPRESS, June 13, 2002.

OLIVIER, VAN VAERENBERGH. L'ERE DES VALISES INTELLIGENTES. April 20, 1996

Mocanu, Cristina. O nouă tehnologie în transportul de valori în România. June 13, 2007
The firm's customers are major CIT companies (
G4S G4S is a British multinational private security company headquartered in London, England. The company was set up in July 2004 when London-based Securicor amalgamated with Danish firm Group 4 Falck. The company offers a range of services, in ...
,G4S starts using RS Collect in Belgium once it has been approved by The Ministry of the Interior
, Official G4S news.
Loomis,Loomis uses intelligent systems to protect cash
Official Loomis info.
Brinks The Brink's Company is an American cash handling company, headquartered in Richmond, Virginia. Its operations include cash-in-transit, ATM replenishment & maintenance, and cash management & payment services, such as vault outsourcing, money p ...
,
Prosegur Prosegur Compañía de Seguridad, S.A ("Prosegur") is a multinational security company, headquartered in Madrid, Spain. History Prosegur was founded in 1976 by Herberto Gut. It began as a private security company, with a particular focus on ...
), banks (
Travelex Travelex International Limited is a foreign exchange company founded by Lloyd Dorfman and headquartered in Peterborough, United Kingdom. Its main businesses are foreign currency exchange, issuing prepaid credit cards for use by travellers, sup ...
,
HBOS HBOS plc is a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group, having been taken over in January 2009. It was the holding company for Bank of Scotland, Bank of Scotland plc, which ...
,
Credit Agricole Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt) ...
,
BNP Paribas BNP Paribas (; sometimes referred to as BNPP or BNP) is a French multinational universal bank and financial services holding company headquartered in Paris. It was founded in 2000 from the merger of two of France's foremost financial instituti ...
, Credit du Nord,
BPCE BPCE (for Banque Populaire Caisse d'Epargne) is a major French banking group formed by the 2009 merger of two major retail banking groups, Groupe Caisse d'Épargne and Groupe Banque Populaire. As of 2021, it was France's fourth-largest bank, the ...
, Banque Postale,
Banque de France The Bank of France ( ) is the national central bank for France within the Eurosystem. It was the French central bank between 1800 and 1998, issuing the French franc. It does not translate its name to English, and thus calls itself ''Banque de ...
,
Barclays Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services ...
,
Royal Bank of Canada Royal Bank of Canada (RBC; ) is a Canadian multinational Financial institution, financial services company and the Big Five (banks), largest bank in Canada by market capitalization. The bank serves over 20 million clients and has more than ...
,
CIBC The Canadian Imperial Bank of Commerce (CIBC; ) is a Canadian Multinational corporation, multinational banking and financial services corporation headquartered at CIBC Square in the Financial District, Toronto, Financial District of Toronto, Ont ...
,
Swedbank Swedbank AB is a Swedish multinational banking group headquartered in Stockholm, Sweden. It operates primarily in the Nordic and Baltic regions, offering services such as retail banking, asset management and other financial services. Swedbank ...
,
Raiffeisen Bank International Raiffeisen Bank International (RBI) is a key entity of the decentralized Raiffeisen Banking Group in Austria, acting both as the latter's domestic central financial entity and as the holding company for all the group's operations outside of Aus ...
, and others), and ATM manufacturers ( NCR,
Wincor Nixdorf Wincor Nixdorf was a German corporation that provided retail and retail banking hardware, software, and services. Wincor Nixdorf was engaged primarily in the sale, manufacture, installation and service of self-service transaction systems (such a ...
,
Diebold Diebold Nixdorf, Incorporated is an American multinational financial and retail technology company that specializes in the sale, manufacture, installation, and service of self-service transaction systems (such as ATMs and currency processing ...
, retailers,RS Collect has been approved by Ministry of Interior in Belgium and can now be used in retail stores
, TF1, video coverage (French).
and others) The company has more than 60, 000 Intelligent Banknote Neutralisation Systems in circulation in more than 15 countries in
Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...
,
Africa Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surfac ...
and
Oceania Oceania ( , ) is a region, geographical region including Australasia, Melanesia, Micronesia, and Polynesia. Outside of the English-speaking world, Oceania is generally considered a continent, while Mainland Australia is regarded as its co ...
(
Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...
,
New Zealand New Zealand () is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and List of islands of New Zealand, over 600 smaller islands. It is the List of isla ...
). As of 2011 the company employs 66 people at three sites:
Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...
,
Dijon Dijon (, ; ; in Burgundian language (Oïl), Burgundian: ''Digion'') is a city in and the Prefectures in France, prefecture of the Côte-d'Or Departments of France, department and of the Bourgogne-Franche-Comté Regions of France, region in eas ...
and
Dundee Dundee (; ; or , ) is the List of towns and cities in Scotland by population, fourth-largest city in Scotland. The mid-year population estimate for the locality was . It lies within the eastern central Lowlands on the north bank of the Firt ...
(
Great Britain Great Britain is an island in the North Atlantic Ocean off the north-west coast of continental Europe, consisting of the countries England, Scotland, and Wales. With an area of , it is the largest of the British Isles, the List of European ...
).


Environment

By controlling the
life cycle Life cycle, life-cycle, or lifecycle may refer to: Science and academia *Biological life cycle, the sequence of life stages that an organism undergoes from conception to reproduction *Life-cycle hypothesis, in economics *Erikson's stages of psy ...
of cash protection systems (design,
manufacture Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a r ...
, use,
recycling Recycling is the process of converting waste materials into new materials and objects. This concept often includes the recovery of energy from waste materials. The recyclability of a material depends on its ability to reacquire the propert ...
and disposal), Oberthur Cash Protection engages in a voluntary
environmental protection Environmental protection, or environment protection, refers to the taking of measures to protecting the natural environment, prevent pollution and maintain ecological balance. Action may be taken by individuals, advocacy groups and governments. ...
. Two majors action are respected: 1. Implementation of the WEEE norm which requires the wastes recycling. The company recycles the ATV, ATM and others products to reuse different pieces for manufacturing of others products and 2. Implementation of the
ROHS The Restriction of Hazardous Substances Directive 2002/95/EC (RoHS 1), short for Directive on the restriction of the use of certain hazardous substances in electrical and electronic equipment, was adopted in February 2003 by the European Uni ...
norm that requires taking away lead from
circuit board A printed circuit board (PCB), also called printed wiring board (PWB), is a laminated sandwich structure of conductive and insulating layers, each with a pattern of traces, planes and other features (similar to wires on a flat surface) ...
.


References

{{Reflist


External links


Oberthur Cash Protection official site
Service companies of France Companies based in Bourgogne-Franche-Comté