KAL
12.9.2019 15:07:09 CEST | Business Wire | Press release
Market-leading ATM software company KAL is launching Kalignite Hypervisor, a game-changing new product for the retail banking industry that solves the long-standing, billion-dollar problem of enforced ATM hardware upgrades.
Kalignite Hypervisor uses Red Hat Virtualization to decouple the ATM PC core from the ATM operating system. This means software drivers that are unsupported under new Windows operating system versions can now be supported by the hypervisor’s software drivers instead.
The Kalignite Hypervisor breaks the straitjacket of unsupported hardware when migrating ATMs to Windows 10. It gives banks the freedom to upgrade software and hardware at a time that suits them. Better still, it is not only a solution for today. OS upgrades are set to happen more frequently in the future in the form of Windows LTSC and SAC packages ‒ which Microsoft plan to release regularly – resulting in hardware obsolescence occurring at a quicker pace. Not only is Kalignite Hypervisor important when migrating to Windows 10, it will become essential when managing these new software upgrades.
KAL CEO Aravinda Korala said: “Kalignite Hypervisor solves the upgrade conundrum. It eliminates the need for enforced hardware upgrades caused by Windows upgrades. Banks can stay completely up to date and run the latest versions of all software on their ATM network – bringing them freedom at last from the enforced hardware upgrade cycle, and allowing them to focus on enhancements that matter to their customers.”
Red Hat Cloud Platforms vice president of products Joe Fernandes said “Using open, software-defined virtualization platforms like Red Hat Virtualization, banks are able to manage the upgrade cycles for their hardware and software separately. This gives them greater flexibility and control over the process and enables them to be more strategic in how they upgrade their ATM PC cores.”
Kalignite Hypervisor is available to banks directly from KAL. Alternatively, banks can ask their current software vendor about an OEM version of the KAL product. This is specially designed with open APIs for ATM hardware and software vendors that wish to integrate KAL’s hypervisor technology with their own software stacks.
About KAL
KAL is a world-leading ATM software company and the preferred supplier to world mega-banks such as Erste, ING, Citibank, UniCredit, HSBC and China Construction Bank. KAL’s software gives banks full control of their ATM network, reducing costs and improving speed to market.
For more information, visit www.kal.com
Red Hat is a trademark or registered trademark of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190912005411/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
One Biosciences Receives BOOST Funding From Paris-Saclay Cancer Cluster to Advance the First Single-Cell Assay Approach for ADC Therapies22.6.2026 22:15:00 CEST | Press release
One Biosciences, a techbio company pioneering clinical-grade single-cell tumor profiling, today announced financial support via a Paris-Saclay Cancer Cluster (PSCC) BOOST grant to develop the first single-cell assay for antibody-drug conjugates (ADC) therapies in oncology. The rapid growth of ADCs is driving demand for more sophisticated biomarker strategies. By capturing tumor complexity at cellular resolution, single-cell profiling has the potential to enhance patient selection and support the development of next-generation ADCs. Ultimately, it will help match the right patients to the right therapies, maximizing therapeutic benefit. The PSCC BOOST-funded project seeks to bring a new level of precision to ADC development. It will be conducted in collaboration with Adcytherix, a clinical-stage biotech company developing differentiated ADCs for cancers with high unmet medical need. The collaboration will combine Adcytherix’s expertise in ADC development with One Biosciences’ AI-powered
Interactive Brokers Expands AI Integration Capabilities – Adding ChatGPT and Grok to Its Growing Suite of Agentic Trading Tools22.6.2026 16:00:00 CEST | Press release
Additional Asset Classes Available Including Options and Futures Interactive Brokers (Nasdaq: IBKR), an automated global broker, today announced the expansion of its agentic trading capabilities with the addition of ChatGPT and Grok, further broadening a growing ecosystem of AI platform integrations that began with Claude. Available through certified AI connector marketplaces across multiple leading platforms, these integrations allow clients to research, analyze, and generate instructions with speed and efficiency to uncover new trading and investing opportunities instantly. With this release, Interactive Brokers also extends the selection of products available for order instructions to include support for options, futures and futures options in addition to equities and ETFs. “We continue to see growing interest from investors in using artificial intelligence as a more natural way to interact with financial markets,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “A
IQM Named Among Quantum Collaborators in HPE's New Hybrid Quantum-HPC Platform22.6.2026 15:22:00 CEST | Press release
The collaboration will advance practical and scalable hybrid classical-quantum applications. This follows IQM's first on-premises quantum computer installation in the United States, at Oak Ridge National Laboratory. IQM has sold 23 quantum systems globally to date and intends to list on Nasdaq in the United States by mid 2026. Hewlett Packard Enterprise has named IQM Quantum Computers among the companies collaborating on its hybrid classical-quantum computing platform, announced at HPE Discover Las Vegas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260622035759/en/ IQM Radiance quantum computer at HPE Discover Las Vegas 2026 IQM, a global leader in full-stack superconducting quantum computers, is contributing superconducting quantum processor technology to the effort, in which HPE is integrating multiple quantum modalities with its Cray supercomputing infrastructure. This collaboration strengthens IQM's global expansion p
Return Abuse Goes Mainstream as Nearly Half of Consumers Use AI in Return Claims, New Riskified Research Finds22.6.2026 14:30:00 CEST | Press release
New global study shows normalization of strategic returns, widening regional differences, and rapid AI adoption reshaping ecommerce post-purchase risk Riskified (NYSE: RSKD), a global leader in ecommerce fraud detection and risk intelligence, today released a new global report, “Rewriting the Rules on Returns”, exploring how consumer attitudes and behaviors around ecommerce returns are evolving in the age of artificial intelligence (AI). The Riskified-commissioned study, conducted by eTail Insights, is based on a survey of 2,091 consumers across seven countries, alongside in-depth interviews with senior leaders from many of the largest retail companies in the world. The research finds that return abuse behaviors are increasingly normalized, while nearly half of consumers already use generative AI tools to assist with return or refund claims. At the same time, merchants are responding by tightening return policies, shortening return windows, and deploying advanced AI detection to better
Forrester Unveils Agendas For 2026 Technology & Innovation Forums In North America And EMEA22.6.2026 14:00:00 CEST | Press release
The Forums will equip technology leaders with the capabilities needed to operationalize AI and build high-performing IT organizations that deliver measurable business outcomes Forrester (Nasdaq: FORR) today announced the full conference agendas for its Technology & Innovation Forum Central (Austin, September 14–15, 2026), Technology & Innovation Forum EMEA (London, September 30–October 1, 2026), and Technology & Innovation Forum East (New York City, November 4–5, 2026). This year’s theme, “The IT Singularity,” dives into the new AI era in which AI has become ubiquitous and no longer a competitive advantage on its own. To succeed, technology leaders including chief information officers, chief data officers, and chief AI officers need to integrate AI into their operating models, modernize software development and IT operations, strengthen data and governance practices, and align technology investments with business strategy. Across the Forums, tech leaders and their teams will learn how
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom