Successful replacement project in Latvia

Published: 15 April 2005 y., Friday
In April 2005 JSC “Penkiu kontinentu bankines technologijos” (BS/2) and its subsidiary company “Penki Kontinentai Riga” managed to succeed with Latvian bank “Unibanka” (a member of SEB group) for replacing BULL ATMs with Wincor Nixdorf ATMs that comply with all of the EMV standard requirements. The story of success has started in year 2003. At that time bank had a network of ATMs from three manufacturers: IBM/Diebold, BULL and Wincor Nixdorf. Each year the oldest and the most expensive to upgrade machines were being replaced. BS/2 has presented a scheme of replacement where old equipment was sold out to be replaced by new Wincor Nixdorf ATMs. This has greatly eased the troublesome process of getting rid of obsolete equipment. Smooth execution of replacement process in the past led to further cooperation so that now “Latvijas Unibanka” has become a hundred percent Wincor Nixdorf equipment bank. The decisive reasons to continue the replacement project were the advantages of ProView monitoring system, EMV software compatibility and service provided. ProView software installed in bank systems three years ago was the first of this kind in the whole Baltic region. “Latvijas Unibanka” is one of the oldest banks in Latvia, leading the financial products and services market. Latvijas Krajbanka Following “Unibanka”, replacement of ATMs under the same scheme has started in “Latvijas Krajbanka”. The bank has chosen to replace all of its IBM/Diebold teller machines in need of renovation under EMV standards to Wincor Nixdorf ATMs in 2004. Rietumu banka The fourth biggest bank in Latvia “Rietumu banka” which has 11 branches in Latvia and representatives in 8 countries is yet another BS/2 victory in Latvia In January 2005 “Rietumu banka” demonstrated its intention to be the most forward looking bank in Latvia introducing the market with the possibility to view card account balances at “Rietumu Bank” ATMs for VISA and VISA Electron payment cards issued by any Latvian bank. New ATMs bought by “Rietumu bank” are connected to Monitoring Center located in Latvia. This enables the bank to decrease the costs of transactions and monitoring the systems. There are over 900 ATMs of various manufacturers installed in Latvia overall. “Rietumu bank” trust in Wincor Nixdorf products is obvious, as its network of ATMs consists solely of Wincor Nixdorf equipment. Successes of Penki Kontinentai Group in Hannover >>>
CeBIT 2005 - End of the Show >>>
With Oscars from the golden sand shores of India >>>
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

Associated articles

ProfIT Launches New Website

Penkių kontinentų komunikacijų centras, offering ProfIT outsourcing IT services, presents its updated website to its business partners. more »

Future Retail. Diebold Nixdorf Partner Summit

Recent trends and changes in the industry have become key topics of discussion at the partner summit of Diebold Nixdorf, worldwide leader in banking and retail solutions. more »

Lithuanians Opt For High-Speed Fiber Optic Internet and IPTV

According to the Lithuanian Communications Regulatory Authority, the number of fiber optic Internet users in the country is constantly growing. more »

New Payments.iQ opportunities for monitoring the stream of transactions

BS/2 has released an update for the Payments.iQ software solution. The new version of the software introduces a fundamentally new approach to organizing workstations for different groups of users of the platform. more »

12 regional medical institutions in Lithuania have entrusted „ProfIT“ with the maintenance of their virtual servers

„Penkių kontinentų komunikacijų centras“, which offers „ProfIT“ outsourcing IT solution for business, has signed a joint agreement on information system infrastructure maintenance with 12 Lithuanian medical institutions. more »

ATM security: how to use all the capabilities of video surveillance

According to the European Safe Transaction Association (EAST), in 2018 the number of physical attacks on ATMs in Europe increased by 27% (from 3,584 to 4,449 incidents), and the amount of money stolen this way increased by 16% (from 31 to 36 million Euro). more »

Only for Students! Special Price of the Fastest Internet

The Penki fiber optic network offers Vilnius students to prepare for the academic year in advance and take care of the most convenient way to get information in the modern world - fast Internet. more »

CIT bags inventory management. New Cash Management.iQ feature

Comprehensive cash management involves centralized cash availability monitoring and demand forecasting for each connected cash points. more »

ADM. When And How Banks Can Use The Remote Cash Capture

Remote Cash Capture is one of the main trends of recent years for retail cash management. more »