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

ATMIA training in European cities on issues of ATM security

ATMIA, the ATM Industry Association, is an organisation with more than 2,000 members in 60 countries around the world. more »

Another BS/2 solution Payment.iQ is PA-DSS compliant

In May 2011 the Payment Card Industry Security Standards Council (PCI SSC) recognised the BS/2 Company’s solution Payment.iQ as PA-DSS (Payment Application Data Security Standard) Version 2.0 compliant. The PCI SSC has confirmed that the payment application solution for self-service terminals ensures the security of transactions. more »

Dr Web representatives visited Penki kontinentai Central Office

At the initiative of the Kazakhstan subsidiary of BS/2 (a member of the Penki kontinentai group of companies), a group of visitors were in Vilnius in May. more »

In Riga: ATMIA training sessions and focus on ATM security

On 7–8 June this year, ATMIA, the ATM Industry Association, is arranging training sessions focussing on ATM security. more »

For Skynet Users – Internet Speed of 550 Mbps!

Cannot live without Internet? Or perhaps You are not satisfied with the speed of Your current Internet? If so, then choose the fiber-optic Skynet of an especially high quality and reliability, the suppliers of which were among the first ones to offer citizens the Internet speed of 550 Mbps. more »

Loft and Smart House – Smart Choice!

Loft – a studio type apartment – was a boom in the world one century ago. Today it is becoming more and more popular in Lithuania. more »

On the tenth anniversary of BS/2 – a conference in Kazakhstan

On 26 May this year in Almaty, one of the largest cities of Kazakhstan, BS/2 Company, a member of the Penki kontinentai group of companies and a leading manufacturer of banking technology, will hold a conference dedicated to its 10th anniversary called “BS/2 Company’s 10th Anniversary: Past, Present and Future”. more »

BS/2 representatives visited Uzbekistan

Representatives of the BS/2 Company, which is a member of the Penki kontinentai group of companies, visited Uzbekistan in May. more »

Ashburn International solution ensures fast and convenient serving of restaurant clients

Portable card readers Ingenico EFT930W offered to the market by Penki kontinentai group member ASHBURN and its partner UAB UCS Baltic are already successfully in use in almost 200 venues where payment cards are accepted, including the Mambo pizzeria chain, restaurants of the Delano and Vičiūnų groups, etc. more »

Internet Users are Increasingly Choosing a Solution Developed by Penki Kontinentai

For some time, the iTunes online store App Store has been selling the application software Penki TV Remote Access developed by one of the largest and oldest information technology companies in Lithuania UAB Penki Kontinentai. more »