Mumbai, Oct 14 : CMS Info Systems (CMS) has announced the launch of fully automated, Artificial Intelligence-powered ATM security software application 'Algo'. CMS Algo is an end-to-end security encrypted a fool-proof solution to prevent ATM frauds at the time of cash replenishment or maintenance, the company said in a statement. The application is machine-agnostic and can operate on any ATM manufactured by any OEM. Rajiv Kaul, Executive Vice Chairman, Chief Executive Officer and Whole-time Director of CMS Info Systems, said: "This application can run on any ATM across the world and helps in fraud prevention. The solution is cost-effective in the back-end and low cost in the front-end." "The biggest saving is the reduction of fraud, no requirement of a call centre, and restricted access to data and premises," he said. He noted that the company has deployed Algo on 52,000 ATMs in India. /IANS