BasisBank improves ATM Cash Planning with Cash Management.iQ

Georgian BasisBank has implemented the cash flow management and forecasting software Cash Management.iQ. One of the benefits of cash management software is decreased operational costs associated with the ATM network. Cash professionals of the bank are equipped with real-time cash monitoring tools to manage the amount of CIT visits as well as cash inventory and ATM availability KPIs. Read more »

Hindsight: From Ritty's Incorruptible Cashier to Self-Checkout

November 4, 1879, is the birthday of the cash register. Today it is impossible to imagine modern trade without the use of cash registers. They are everywhere: in shops, cafes, and post offices. Who came up with the idea to keep track of cash using the cash register? Read more »

COVID-19 Has Been Diagnosed To Five Employees of BS/2

Five COVID-19 cases have been identified in Penkių kontinentų bankinės technologijos, a company belonging to the Penki Kontinentai Group. Read more »

BS/2 expands cooperation with the Halyk Group

Financial institutions in Central Asia actively invest in banking equipment. The strategy of the Halyk Group is focused on the introduction of high-tech products and services. One of the priorities of Group's banks is the development of a self-service banking channel, which led to the increased interest in cash recycling ATM and specialized software that expands the functionality of devices. Read more »

5 ATM Fleet Management Tools to Improve Your Bank's Operational Efficiency

The number of ATMs continues to increase in most countries of Eastern Europe and Central Asia. In 2020 this number increased by almost 10% in Georgia and Azerbaijan and more than 20% in Uzbekistan. It means that along with the rapid development of online banking and mobile services, financial institutions continue to rely on self-service devices. Read more »

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. Read more »

How Does Technology Help Retail During Pandemic

The coronavirus continues to change the habits and needs of shoppers around the world. Read 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. Read 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. Read 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. Read more »