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Electronic Communication
Research Center

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We will strive to enhance our best to enhance our customer’s values
with our technologies that meet global standards.

Following the establishment of Korea’s first private technology research institute in 1971, Hyosung
gave birth to five of the world’s top-ranking products and countless first-class items and brands,
positioning itself as an enterprise that creates the life culture of humanity
in all areas, including
textile, industrial materials, chemicals, heavy industry, and information and communication.
With distinguished technical capabilities, experience in and passion for research and development,
Hyosung will remain dedicated as the pioneer of technological advancement for
a better future for humanity.

"Development of
the world’s best products related to advanced financial IT technology”

Founded in 1983 as Korea’s largest institute specializing in ATMs, the Electronic Communication Research Center develops ATMs, terminal devices, and core modules utilizing its own capacity of developing hardware and software. The Center has not only successfully developed the counterfeit money detection technology for various countries but also obtained various standard certifications required from foreign markets, including EMV, EPP, CEN, and UL, contributing to the advancement of finance IT technology. Its goal is to secure world’s best technical power related to ATMs through endless R&D and investment and contribute to the safety and prosperity of the financial service industry.

Fields
of Research
  • ATM development
    • Mechanism
    • Electronics part
    • Software
  • Mechatronics, Robotics New technology development
  • Elementary technology development
    • Control technology
    • Device technology
    • Circuit technology
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  • Electronic Communication Research Center's
    Key Development History
  • 2019

    Developed drive-through ATM for financial customers in the US, and self-ordering kiosk and software

    Developed self-check-out (SCO) device for large-sized markets

    Obtained PCI 5.0 certification for encrypting pin pads (EPPs)

    Obtained software customer certification for Windows 10 ATMs, Developed and operated Moni-Manager for the MVS project in India

    Developed Korean SBK (digital kiosk) software (KB Bank, Hana Bank), and MS-500 TCR software targeting Western Europe

  • 2018

    Developed present BRM applied with distinguished features to reflect the needs of financial customers in the US

    Developed transit BRM that can supplement and retrieve cash without opening the vault for the enhancement of cash operation efficiency in banks

    Developed CDU that miniaturizes ATM cassettes in the US retail market and enhances customer convenience

  • 2017

    Developed medium-to-high-priced new ATM, MX2800SE, for the expansion of the retail marke
    Developed KBank multi-ATM for the domestic market; UX and UI of the next-generation omni-channel ATM software platform, WARP; and detection algorithm for damaged notes
    Developed dual CPU control technology and Linux ATM software that supports Linux OS-based C/XFS specifications

  • 2016

    Developed standard ATMs MX8600S and MX5600S with enhanced security and performance
    Developed Mini-NBS, the optimized bank solution; and Micro ATM, the TCO cost-saving type for banks
    Developed high-end ATM MX7800Series with new design and mobile retail ATM management solution MoniMobile

  • 2015

    Developed Full Function New Branch Solution (ShinHan Bank Digital Kiosk) for domestic market,
    new ATM line up for global market (MX7800 Series), New Branch Solution with Teller Cash Recycler (MS500SE),
    Mobile ATM Solution (MARS)

  • 2014

    Developed cash-check recycling machine (CCRM) and ATM (TCR) lineup for bank staff (under/high counter)
    Developed new models for retail banking (NH2600SE, MX5200), Bitcoin ATM, and multi-wavelength detection technology
    Developed metal substance detection technology and video banking solution

  • 2013

    Developed standard hybrid ATM and full-function new branch solutions (self-service banking, video banking)
    Developed halo ATM for export retail banking and ATM equipped with global BRM (e.g. MX8200CL, MX8600)
    Developed ATM for people with visual impairment in the domestic market and ATM software MoniPlus 2S for ATM multi-vendors

  • 2012

    Developed new branch solutions (self-service banking, video banking) and ATM (TCR) for bank staff
    Developed cash-check deposit module (BRM11) for the domestic market and automated passbook issuing machine
    Developed note classification (Fitness Check) technology and high-speed note serial code recognition technology
    Established CEN vault lineup (Grades L, Ⅰ, Ⅲ, and Ⅳ); acquired international security standard certification for the ATM software MoniPlus

  • 2011

    Developed cash and check in module (CCIM) for export, and new branch solution (hybrid ATM)
    Developed recycler-type ATM equipped with global BRM (8000A, 8000TA)
    Acquired the European Committee for Standardization’s certification for vault security (CEN Grade Ⅲ)
    Pilot operation of the Korean Racing Authority’s kiosk robot

  • 2010

    Developed island (bunker-type) ATM; developed next-generation high-end CDU; selected as the financial service robot
    demonstration business (Ministry of Knowledge Economy)
    Developed I-PBM (ink jet passbook printer); first in the industry to develop NDC application for embedded system based on Windows CE

  • 2009

    Developed Korea’s first next-generation recycler-type ATM (Ubitus 8100); acquired certification on counterfeit money detection technology from the European Central Bank

  • 2008

    Developed cash deposit module (BNA) for export and check deposit module (BCA) for export; developed supervisor-managed ATM

    Developed recycler-type coin and note ATM

  • 2007

    Developed new cash and check dispenser (SCDP2), high-performance ATM (MX 7600 series) for export to the financial market, and check scanner machine (CSM)

  • 2006

    Developed high-performance drive-up ATM for the US financial market, new lobby ATM (NH 5050) for the Chinese ISO market, and multi-function ATM (T2 ATM) for notes

  • 2005

    Developed bill payment system for export to Mexico, and cash dispenser (MX 5600) for export to China

  • 2004

    Developed transaction history printer
    (A4-size) and wall-mounted ATM

  • 2003

    Developed wall-mounted cash dispenser for vehicle drivers (drive-up) and public bill payment system

  • 2002

    Developed high-function ATM (T1 ATM) and cash dispenser for export to the US (MB 1500)

  • 2001

    Developed new desk-type cash dispenser
    (NanoCash-3000)

  • 2000

    Developed desk-type cash dispenser
    (NanoCash-2000) and VAN CD

  • 1999

    Developed cash dispenser for export to the US (MB-3000)

  • 1998

    Developed cash dispenser for export to the US (Mini Bank)

  • 1997

    Developed cash dispenser unit for export (CDU-M)

  • 1996

    Developed recycler-type ATM (RATM) and bank branch server (Branch Processor)

  • 1995

    Developed non-recycler-type ATM

  • 1994

    Developed cash and check dispenser (CD) and passbook printer