OpenSys has introduced the Horizon Series, a cash recycling platform built in Malaysia with Oki Electric Industry Co., Ltd (OKI) to modernise self-service banking operations.
The platform was developed through a collaboration between OpenSys Technologies Sdn Bhd and Oki Electric Industry Co., Ltd (OKI).
It is designed and manufactured in Malaysia by OpenSys Technologies, using a cash recycling module from OKI.
“The Horizon Series is designed to help banks improve cash economics while rethinking the role of self-service in a digital-first banking environment.
It provides a resilient, upgradeable platform that allows financial institutions to consolidate operations, expand services, and adapt over time without repeated infrastructure replacement.”
said Denis Koay, Group Chief Commercial Officer of OpenSys and Co-CEO of OpenSys Technologies.
The system allows deposited cash to be reused for withdrawals, helping banks reduce idle cash holdings, lower cash-in-transit and insurance costs, and decrease replenishment frequency.
By combining deposit and withdrawal functions in one device, banks can reduce the number of machines per branch and simplify cash operations.
OpenSys said the platform is modular and can be expanded over time, allowing banks to add services such as cheque deposits, instant card issuance, payments, biometric authentication, and digital service integration without replacing hardware.
“OKI’s cash recycling technology has been deployed globally across diverse banking environments.
Through this collaboration with OpenSys Technologies, we are extending that proven foundation into a locally assembled platform that supports more efficient branch operations and the evolving needs of self-service banking.”
said Shotaro Nakatsu, Executive Officer and Head of the Enterprise Solutions Division, OKI.
Security features include anti-skimming measures, transaction imaging, and secure cash handling.
The Horizon Series will be commercially available from January 2026, with configurations adapted to local regulatory and operational requirements across the region.
