BS/2 will share its experience in implementing projects in Africa at the international ATM & Cyber Security 2019 conference

Published: 3 October 2019 y., Thursday

More than 400 ATM security experts from 40 countries are expected to attend the ATM & Cyber Security 2019 conference, which will be held October 6-8 in London. The international conference ATM & Cyber Security 2019, which will be held October 6-8 in London, will be attended by more than 400 ATM security experts from 40 countries. Representatives of Penkių kontinentų bankinės technologijos (BS/2) will present the comprehensive ATMeye.iQ solution designed to ensure the safety of self-service devices.

ATM & Cyber ​​Security 2019 is the most important self-service device security event this year. The conference will feature representatives of financial institutions, government and law enforcement agencies and companies involved in the development and implementation of software solutions for banks. An exhibition will also be held as part of the event, during which visitors will be able to learn about innovative technologies, the latest products and services to ensure the safety of ATMs. In addition, they will be able discuss issues of concern to them with industry experts, and meet potential partners.

Here’s what Vilius Gofmanas, a software sales manager from BS/2 has to say about the upcoming presentation:

- Why will BS/2 be attending the event?

- Our company specializes in the security of self-service banking devices. This is one of the few conferences that fully matches our profile. Participation in this event is doubly beneficial for the company. On the one hand - as a platform for presenting our products to potential customers. On the other, to participate in the dialogue between experts in the field of technological security and meet of partners.

- What new products or innovation do you intend to show visitors during the exhibition?

- We’ll be bringing the latest version of our ATM security software - ATMeye.iQ. The latest feature, which we intend to put in the spotlight, is the Face Detection module - one of the tools of the ATMeye.iQ solution based on biometric technologies. The module determines whether a person currently in front of the ATM is covering his face, this helps prevent fraud. The face detection function can be implemented on any self-service terminal equipped with a video camera. If for some reason an ATM user hides his face from the camera (for example, wants to use a stolen card), then he simply will not be able to complete the transaction. More details on how this works will be disclosed during the conference.

- One of the conference speakers is a representative of a Nigerian bank, which is currently implementing the ATMeye.iQ solution. What will this report be about?

- Our goal this year is not only to present the ATMeye.iQ solution, but also to highlight the ATM security problems in the African region. In accordance with the requirements of the organizers of ATM & Cyber ​​Security 2019, the solution should not be presented by the developer, but by the client who uses it, so we invited representatives of our largest partner in Nigeria, Zenith Bank, to share their impressions of the product and its implementation. The report of our partners will let you learn first-hand about the security issues of self-service devices in the African region and how Zenith Bank is tackling them.

- What changes is the banking sector in Nigeria currently undergoing?

- Firstly, the number of ATMs is growing rapidly in the region. Secondly, financial institutions understand that the safety of self-service devices affects the reputation of banks and customer confidence. In Nigeria, the issue of security of self-service terminal devices is especially relevant: more than 43% of the country's residents have suffered in one way or another from crimes related to them. That is why today Nigerian banks are paying more attention to the protection of ATMs introducing innovative technologies and latest solutions.

Šaltinis: BS/2
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 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 »

Pandemic Spurs Investment in Contactless Technology

The global COVID-19 pandemic has a significant impact on both the habits of society and the banking sector. The World Health Organization recommended avoiding contact with surfaces in public places to decrease the spread of the virus. Banks increased the limit for contactless payments without the PIN. more »