Europe Cash Cycle Seminar: Cash Cycle Evolution and Strategy

Published: 9 May 2019 y., Thursday

Cash money circulation is one of the key points of modern economy. Despite the intensive development of non-cash payments, in 2018, the total global amount of cash grew by 0.7%, and the most significant growth was recorded in Europe (by 3.2%) and America (by 2.9%). That is why issues of improving money circulation are always in the center of specialists’ attention.

The International Commercial Cash Operations Seminar is one of the most respected forums that brings together cash flow management professionals from commercial and national banks. The company “Currency Research” (USA) has been organizing seminars in America, Asia, Europe, the Middle East and Africa for over 20 years.

This year the European part of the ICCOS conference will be held on May 13-16 in the capital of Georgia, Tbilisi. The main forum objective is the exchange of new ideas in managing the cycle of cash circulation between credit institutions and well-known global suppliers of IT solutions.

Representatives of companies BS/2 and ASHBURN International (both part of the Penki Kontinentai Group) will take an active part in the event and showcase solutions for the banking self-service channel transformation, tools for cash flow monitoring, cash collection and remote cash capture management.

The Europe Cash Cycle Seminar conference will be attended by representatives of the National Banks of Georgia, Hungary, the Netherlands, Croatia, Turkey, Israel and Kazakhstan, as well as other experts from European and Asian commercial banks. It is devoted to discuss the most acute industry problems, the money cycle evolution, management strategies and improving the effectiveness of cash cycle.

During the event, BS/2 will make several reports and presentations. The Head of Marketing at BS/2 Kirill Ovsyannikov will tell about the cash circulation in the Trans-Caucasian region making a large emphasis on real examples of business cases of the largest banks.

The joint report with Head of the Retail Business Department in Uzbek Ipak Yuli Bank Ulugbek Tavakkalov will highlight the success story of using automated currency exchange points based on Diebold Nixdorf equipment and the FCX.iQ software solution.

The BS/2 team will also conduct several mini-seminars based on practical experience in introducing cash recycling technologies and developing integrated cash management systems in different countries.

A unique three-day event will bring together experts from over 80 countries around the world to share ideas, technologies, cost-saving strategies and best practices. The day after the forum, the National Bank of Georgia will organize a tour to the main cash center of the country.

 
Europe Cash Cycle Seminar: Cash Cycle Evolution and Strategy

Šaltinis: Penki kontinentai
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

BS/2 representatives took part in the Lithuanian-Azerbaijani business forum

On May 22, a Lithuanian-Azerbaijani business forum was held in Vilnius. more »

20 employees from the “Penki kontinentai” group successfully completed the “Europa” race challenge!

The “Penki kontinentai” team has become the largest for the for the third time in a row more »

Baltic Payment Forum: what surprised and inspired

Penki kontinentai Group support the Baltic Payment Forum as a Platinum Sponsor. more »

Vilnius residents are spending more in cafes and restaurants, and tips are increasing too

By the end of the first quarter of this year, nearly 1,000 waiters and bartenders in the country have joined the new Lithuanian digital solution for tips. more »

Penki kontinentai Group implements a new non-standard payment solution in Georgia

BS/2 Georgia and ASHBURN International, together with TBC Bank, one of the largest banks in Sakartvelo, have developed a new non-standard payment solution for the coffee capsule manufacturer Meama. more »

The Georgian Market Is Increasingly Interested in Lithuanian POS Terminal Management Solutions

One more Georgian bank is now using TransLink.iQ, ASHBURN International's software solution for card readers. more »

The history of the Penki kontinentai group of companies - in the authoritative Newsweek magazine

One of the oldest American media outlets wrote about the achievements of Penki Kontinentai Group. more »

Georgian Banks Implement New Payment Terminal Options

In collaboration with the Georgian bank TBC Bank, ASHBURN International developed and deployed on POS terminals the feature of payment for products and services without cash or bank cards. more »

BS/2 partner Diebold Nixdorf has received two Global Banking & Finance Review awards 2022

The company received the Next 100 Global Awards 2022 — Technology Solutions Provider award. more »

The VI International Banking Forum Results

BS/2 (Penki kontinentai Group) was a premium sponsor of the event. more »