Bankom Security Systems

Company Overview

Snapshot

Founded in September 1995, Bankom Security Systems operated with 11–50 employees. The company ceased operations in April 2023.

Business overview

Bankom Security Systems developed SafeGARD, an automated security system designed for safety deposit boxes within bank vaults. This system utilizes multiple sensors to create a laser grid over the array of boxes, detecting interactions and unauthorized access. The technology supports recordkeeping and enables the conversion of existing vaults to self-service operations, reducing the need for bank personnel. The company operated within the Fintech & Insurtech sector, serving financial institutions, particularly banks, across geomarkets including Austria, Germany, Switzerland, and the United States.

Company Intelligence Q&A

What is Bankom Security Systems' primary product?

Bankom Security Systems developed SafeGARD, an automated security system specifically designed for safety deposit boxes in bank vaults.

When was Bankom Security Systems founded?

Bankom Security Systems was founded in September 1995.

What is the operational status of Bankom Security Systems?

Bankom Security Systems ceased to operate in April 2023.

Which industries does Bankom Security Systems serve?

Bankom Security Systems primarily serves the financial services industry, with a focus on financial institutions and banks.

What technology does SafeGARD utilize?

SafeGARD employs multiple sensors to create a laser grid over safety deposit boxes, detecting interactions and unauthorized access for enhanced security and recordkeeping.