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

ATM migration to Windows 10 – the time is coming

Far future comes sooner than it seems. The banking sector will face a big challenge in 2020. Microsoft made the official announcement: Windows 7 (operating system for many ATMs) extended support will end on January 14, 2020. more »

Cash Management.iQ: a new cash flow forecast mechanism

Cash Management.iQ will incorporate an updated forecast mechanism starting 2019. more »

Prospects for the retail sector in Azerbaijan

Retail has become one of the most dynamic areas of the Azerbaijani economy for 10 years. more »

BS/2 Kazakhstan celebrates its 10th anniversary

Kazakhstan has the largest economic system in Central Asia. It is the world's largest landlocked country, and the ninth largest in the world, with an area of 2,7 mln km2 and a population of 18.3 mln people. more »

Uzbekistan's market is attractive for its dynamic

Significant changes take place in the financial economy of Uzbekistan. It became one of the most promising countries for investment. In Central Asia, it ranks first in terms of population (over 32 mln. inhabitants) and second, after Kazakhstan, in economic development. more »

New Cash Management.iQ Simulation Tool

One of the most demandable requirements for intelligent cash management is flexible system setup. more »

TransLink.iQ awarded the gold medal as Product of the Year’2018

The software solution for transaction routing and management of payment terminals network TransLink.iQ, developed by ASHBURN International, owned by the Penki kontinentai group, received the gold medal of the annual Lithuanian Product of the Year competition. more »

New product Cash-In Box.iQ for self-service cash collection of retailers

An elevated interest for retail self-encashment is one of the leading cash management trends in 2018. more »

BS/2 in TOP 10 Banking Tech Companies in Europe

The company Penkių kontinentų bankinės technologijos (BS/2), belonging to the Penki kontinentai group and specializing in software and hardware for financial organizations and retail, is listed in Top10 European banking technology companies according to the Banking CIO Outlook ranking. more »

Penki Kontinentai image film about the people who create the tomorrow’s technologies today

The Penki Kontinentai is one of the leading international corporations in Lithuania and abroad. The group of companies creates and implements high-tech solutions that change the daily lives of many people. more »