FCX.iQ 2.0: new opportunities for currency exchange at ATMs

Published: 20 February 2020 y., Thursday

BS/2 has released updates for the FCX.iQ software solution, which is developed to provide a currency exchange function at ATMs. The new version provides additional options to manage exchange rates, administer terminal networks and identify ATM users.

1. Access rights differentiation by devices hierarchy

FCX.iQ allows you to combine ATMs into groups and subgroups, for each of which you can set different currency pairs and different exchange rates. ATMs can be grouped according to several criteria: bank affiliation, location, etc.

There are predefined roles of users performing various functions of exchange rates managing: administrator, operator, supervisor. Different roles have different levels of access to information. The latest FCX.iQ version rolls out additional functions for better user access segregation. Now the super-admin can create separate groups of ATMs and appoint specific group admins who will have access only to their appointed ATM groups.

Only the super-admin has access to the entirety of information about all terminals and currency exchange services/rates and can manage device groups and device group admins. This ensures the preservation of confidentiality of information in cases when multiple organizations use the system at once.

2. Automatic course setting

In the previous version, all currency pairs and exchange rates were entered into the system manually. In the new version we developed a special module (API) to request exchange rates directly from external systems (for example, core banking) with a preset frequency and automatically update them on self-service devices.

This module allows you to simplify and automate the exchange rates management, avoid errors when entering data, and always show the current exchange rate at ATMs.

3. User identification

In some countries, the law requires to identify users exchanging currencies. The new version of FCX.iQ provides this option.

One of the ways to do it is to scan the personal ID document using a special scanner. The ID-number is then sent to the regulator's database, and after receiving confirmation, the self-service device allows the user to commence with the currency exchange. The data transfer uses high level security protocols to ensure the safety of personal user information and prevent theft.

FCX.iQ for currency exchange at ATMs

At the moment, the new functionality is being tested in the infrastructure of some banks.

We provided a simple and quick migration procedure to the latest version of FCX.iQ for organizations using the previous version. The additional functionality of self-service devices helps increase the profitability of the terminal network, increases self-service terminal user loyalty and attracts new customers.

To learn more about new FCX.iQ features contact your local BS/2 representative.

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

Joining Forces: BS/2 and ASHBURN International Take Partnership with SUNMI to a New Level at GITEX 2024

BS/2 and ASHBURN International, part of Penki Kontinentai Group, participated in GITEX GLOBAL. more »

The Penki Kontinentai Group Recognizes Liberty Bank as a Leader in Digital Innovation in the EMEA Region

JSC “Liberty Bank” has been awarded a prestigious honor by The Penki Kontinentai Group for its leadership in banking innovation more »

"Penki Kontinentai Group" opened an office in Spain

On 24 May 2024 in Alicante was registered the company PENKI KONTINENTAI ESPANA. more »

Strategic session of the "Penki kontinentai" group of companies: exchange of experience and plans for further development

Penki Kontinentai Group employees attended the annual strategy session held in Vilnius from January 22nd to 26th, 2024. more »

ASHBURN International and Rietumu Bank will collaborate to improve acquiring services in the Baltics and EU

This collaboration represents a significant advance in payment services in the European Union. more »

BS/2 has received awards from Diebold Nixdorf for outstanding collaboration results

The BS/2 delegation attended the annual Banking Partner Summit organized by Diebold Nixdorf in Indonesia. more »

BS/2 Makes a Ukrainian Girl's Dream Come True

For the first time, the Lithuanian national cheerleading team achieved podium placements at the European Cheerleading Championship. more »

Ashburn International Readies to Launch Two New Products on The Polish Payments Market

As a result of attending the XI Cashless Congress in Warsaw, several agreements were reached with Polish cashless payment operators concerning ASHBURN International's products. more »

BS/2 and Modern Expo plan to increase the supply the innovative retail equipment to the Baltic States

Together with BS/2, the Ukrainian supplier plans to expand its presence in the Baltic. more »

Penki kontinentai group participates in DUOday for the third year

The Penki kontinentai group of companies has joined the initiative of the social employment agency SOPA DUOday" for the third year in a row. more »