International Recognition for the Innovative BS/2 Technological Solution

Published: 5 June 2017 y., Monday

During the recent annual partners‘ meeting of Diebold Nixdorf, the world's largest manufacturer of banking equipment, BS/2, which is a member of the Penki Kontinentai group, was awarded the prestigious „Special Achievement Banking 2017“ prize for its innovative technological solution implemented in Azerbaijan.

Last October, BS/2 supplied a fully automated banking department for the financial services provision in the self-service mode to one of the Azerbaijan banks. The VTM.iQ hard- and software unit includes a CS C6060 ATS from Diebold Nixdorf, multifunctional terminal to remotely provide various banking services, as well as specialized software from BS/2. This hard- and software unit is the first one not only in Azerbaijan, but also in other CIS countries, which has no analogues. At present, similar BS/2 unit also operates in Kazakhstan.

Thanks to the videoconferencing technology implemented in VTM.iQ, bank customers have the opportunity to remotely and directly consult with the bank's staff. In just a few minutes, they can make practically any banking transaction – open an account, pay for utilities, services and bills, make an urgent money transfer, arrange a loan, etc. In addition, they can print out the contract, sign and scan it at the terminal. The clients can also order and immediately receive a bank card or activate it right on the spot.

"This high award is a brilliant assessment of our strategy. Today we are able to provide high-quality services to our customers around the world. The modern financial sector requires that a customer‘s visit to the bank branch should be as quick and convenient for him as possible. Besides, the format of bank branches is also changing. There are more and more self-service devices there, and less personnel. The VTM.iQ project that we‘ve implemented is just the case“, Penki Kontinentai Group Board Chairman Idrakas Dadašovas said.

The most numerous BS/2 delegation from Lithuania, Latvia, Estonia, Georgia, Azerbaijan, Kazakhstan, Kyrgyzstan and Uzbekistan shared their experiences at the Diebold Nixdorf partners‘ meeting in Madrid, and made presentations on the ongoing projects. The participants of the event were able to learn about the ATM network update project (about 600 ATMs) for a Baltic States‘ largest bank. Another large-scale banking and retail project is now on in Georgia.

Last year the Lithuanian capital company operating in the Georgian market was among the first to offer a full range of the EFT POS network integrated management and maintenance services from a single source, including equipment rental and maintenance, as well as transactions processing.

The annual Diebold Nixdorf partners‘ congress was held from May 30-June 1. During the event, attended by 180 people from 34 countries, the company‘s newest banking and retail hardware was introduced, and the last year‘s results were discussed.

Diebold Nixdorf works with more than 100 world's largest financial institutions and over 25 global retail networks. BS/2 has been collaborating with Diebold Nixdorf for more than two decades.

More information about VTM.iQ

Šaltinis: penki.lt
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

5 ATM Fleet Management Tools to Improve Your Bank's Operational Efficiency

The number of ATMs continues to increase in most countries of Eastern Europe and Central Asia. In 2020 this number increased by almost 10% in Georgia and Azerbaijan and more than 20% in Uzbekistan. It means that along with the rapid development of online banking and mobile services, financial institutions continue to rely on self-service devices. more »

BS/2 will take part in Self-Service Banking Asia 2020

The international conference Self-Service Banking Asia 2020 will be held on September 23-24. The event is organized by RBR, one of the world's leading providers of strategic research and consulting services for organizations working in the field of retail banking, banking automation, retail technology, cards and payments. more »

How Does Technology Help Retail During Pandemic

The coronavirus continues to change the habits and needs of shoppers around the world. more »

Penki Kontinentai Invites Residents of Vilnius to Evaluate the Temperature Detection Terminal

Residents of Vilnius, when visiting the Unified Customer Service Center of the municipality, can evaluate the benefits of a new device offered by the Penki Kontinentai Group. The stationary temperature detection terminal is installed in the reception room of the municipality. more »

Penki Kontinentai Invites to Share Your Smile

The Penki Kontinentai Group invites you to take part in the "Smile Gives Hope" campaign. more »

TransLink.iQ Integrates POS Terminals with a Hotel Management System

ASHBURN International integrated the POS network management and transaction routing solution TransLink.iQ with Oracle Hospitality OPERA and Oracle Hospitality Suite8 hotel management systems. The project was implemented in cooperation with HRS Hospitality & Retail Systems. more »

ASHBURN International Expands Partnership with SEB Bank

ASHBURN International, a company specializing in the development, implementation, and support of software for POS terminal network management and transaction routing, has signed a cooperation agreement with SEB Bank. The subject of the contract is the supply, ongoing maintenance and the implementation of software for managing the POS terminals network of this credit institution in all Baltic countries. more »

A new surge of logical attacks on ATMs: what the Belgian experience teaches

In June and July 2020, ATMs of the Belgian bank Argenta were attacked by hackers. Using special software, the criminals seized control of the ATMs and withdrew all the cash that was there. The bank not only suffered financial and reputational losses, but was also forced to take out of service 143 ATMs with a similar software stack to avoid a recurrence of incidents. more »

ATM history: yesterday, today, tomorrow

The first cash-dispenser was created in 1939 by American scientist Luther George Simjian. That moment was the birth of the banking self-service field, but as it says: “The first step is always the hardest” – that idiom exactly fits the description of that machine, called “City Bank of New York”. After all, it has been used only for six months, before the device has returned to the creator due to complexity of maintenance. more »

Pandemic and Approaching Autumn Bring Viewers Back to TV Screens

Pandemic and self-isolation have changed our habits. Children and adults, practically locked at home, began to watch TV more often. According to fiber-optic network Penki, TV time has increased by 30 percent since this spring compared to the same period last year. more »