OpenSys (M) Berhad has launched the Horizon Series, a next-generation self-service banking platform developed through a collaboration with OpenSys Technologies Sdn Bhd and Oki Electric Industry Co., Ltd (OKI). The launch took place at a ceremony in Bangsar South City.
The Horizon Series is Malaysia’s first cash recycling self-service banking platform, enabling deposited cash to be reused for withdrawals. This design reduces idle cash, lowers transit and insurance costs, and decreases replenishment frequency. It consolidates multiple self-service functions into a single platform, enhancing cost efficiency and operational ease for banks.
Moreover, the platform is modular, allowing banks to start with core cash services and expand functionalities over time, including cheque deposits and biometric authentication. It supports interactive transactions and provides security through advanced anti-skimming measures and biometric technology, ensuring compliance in regulated environments.
“The Horizon Series is designed to help banks improve cash economics while rethinking the role of self-service in a digital-first banking environment,” said Denis Koay, Group Chief Commercial Officer of OpenSys and Co-CEO of OpenSys Technologies. “It provides a resilient, upgradeable platform that allows financial institutions to consolidate operations, expand services, and adapt over time without repeated infrastructure replacement.”
“OKI’s cash recycling technology has been deployed globally across diverse banking environments,” said Shotaro Nakatsu, Executive Officer and Head of the Enterprise Solutions Division, OKI. “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.”
The Horizon Series will be available for sale starting January 2026, with versions designed to meet local rules and market needs.
For more information, visit https://www.myopensys.com/bank-solutions-self-service-solutions/.