Bankom Security Systems

Security Grid for Safety Deposit Boxes

Fintech & Insurtech
Non Active, Apr 2023 ceased to operate
Mature Modi'in-Maccabim-Re'ut Founded 1995
Total raised
Stage
Mature
Founded
1995
Headcount
36
HQ
Modi'in-Maccabim-Re'ut
Sector
Fintech & Insurtech

About

Bankom Security Systems is the developer of SafeGARD, an automated security system for safety deposit boxes in bank vaults. The companys system consists of multiple sensors connected to each individual box, collectively forming a laser grid over the entire array. The grid detects every interaction with the safety deposit boxes and communicates this information to the SafeGARD computer. The system is thus able to detect unauthorized access and store data for recordkeeping and review purposes. Due to its automated nature, SafeGARD can be used to convert an existing vault to self-service operation and thereby reduce or eliminate the need for bank personnel to monitor the safety deposit boxes. Bankom Security Systems was founded by Elisra Electronic Systems.

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & Insurtech
Technologies
SensingLaser
Target customers
Financial ServicesFinancial InstitutionsBanks
Business model
B2GB2B

Tags

sensorslasersbanksaccess-controlsecurityfinancial-institutions