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In restaurants of Georgia, where EFTPOS-terminals of one of the largest banks are installed, the possibility of cashless tips appeared. To provide such a service, ASHBURN International has expanded the functionality of the TransLink.iQ system integrated into payment devices.
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Recently we exchanged congratulations with friends in a telephone conversation. On New Year's Eve, the lines were often busy. Now, due to the growing popularity of the Internet and special communications programs, telephone greetings have changed the format to online messages. This year, 4.5 billion people congratulated each other using the worldwide network. According to International Telecommunication Union, it is this number of active internet users, encompassing 58 percent of the global population.
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As part of the payment automation project, Lietuvos geležinkeliai acquired about 100 Ingenico mobile payment terminals from ASHBURN International, a company specializing in software solutions for EFTPOS terminals.
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BS/2 in cooperation with Analistim Bilisim expands its area of operation and enters the Turkish market with ATMeye.iQ – the ATM software solution, which helps protect banking equipment, resolve disputes and prevent fraud.
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Lietuvos paštas, the largest Lithuanian postal service provider, extended the cooperation agreement with ASHBURN International, which develops and implements software solutions for authorization of payment cards and network management of EFTPOS terminals, for another two years.
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One of the most common cases of financial losses for bank customers is still an ordinary theft of a card and PIN code. How can banks protect customers from PIN theft?
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The Banking Fusion 2019 conference showed that currently Uzbekistan is ready for change, to implement and use innovations in the banking industry.
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Despite the significant increase of non-cash payments, trade and service enterprises (TSPs) still remain points of mass cash storage. Merchants turn to remote cash capture to make sure the cash collected from registers isn‘t being held up at cash points and isn‘t delaying the cash flow process.
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Inovatyvūs restoranai, which owns eight restaurants in Vilnius and plans to expand the geography outside Lithuania - in Russia and Poland, has chosen ProfIT outsourcing services provided by Penkių kontinentų komunikacijų centras.
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The International conference Banking Fusion 2019 dedicated to the development of self-service banking channels was held in Tashkent from November 26 to 27. The event brought together about 100 representatives of the financial industry from Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, Azerbaijan, Georgia, Russia, Belarus, Germany, Lithuania, and Switzerland to discuss how the world of self-service banking has changed in recent years and how this affects the banking industry. The conference was organized by Penkių kontinentų bankinės technologijos (BS/2) and supported by the Uzbekistan Banking Association, Diebold Nixdorf and Sargent&Greenleaf.
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Penkių kontinentų komunikacijų centras, the company managing the Penki fiber optic network, has been providing unused equipment to educational institutions as part of a social campaign. This fall, more than 1,000 switches and routers were donated to Lithuanian educational institutions.
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International Conference “Cash Circulation, Collection and Cash Operations in the Bank“ was held in Tashkent from November 12 to 13. The event became a platform where bank managers, vendors, banking solutions developers and suppliers met to discuss current industry issues. Over 140 representatives of the banking industry from the CIS countries, Europe and the Central Asian region attended the conference.
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World Television Day is celebrated annually on November 21. Do you know that television is 135 years old?
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IV International Banking Forum Cashless Economy: Towards Sustainable Banking was held in Baku from November 6 to 7. The event was called one of the most anticipated and significant events in regional banking and financial industries. This year it was dedicated to the current economic situation in Azerbaijan, reforms implemented in the country, transition to a cashless economy and trends in banking and financial technologies that affect the situation in the country.
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The well-known international magazine Banking CIO Outlook included ASHBURN International, which develops and implements transaction routing and EFTPOS terminals network management software, in the TOP 10 Payment and Card Solution Providers.
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For the first time in the Baltic countries, Citadele Bank, together with ASHBURN International, has launched a project on the operational issuance of mobile payment terminals as part of the network acquiring. Representatives of various enterprises can get mobile EFTPOS terminals at the bank branches in Latvia and Lithuania.
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On November 9-10, Vilnius hosted the traditional international tennis tournament BFI Cup among representatives of banks and financial institutions, sponsored by Penkių kontinentų bankinės technologijos (BS/2). This year more than 70 players from Lithuania, Latvia, and Belarus took part in it.
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Penkių kontinentų komunikacijų centras, offering ProfIT outsourcing IT services to business, signed a contract with the municipal enterprise Vilniaus Planas to provide network maintenance services, software, and consulting assistance.
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The EFTPOS terminals of the PASHA Bank are connected to the TransLink.iQ platform developed by ASHBURN International, a part of the Penki Kontinentai Group.
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In anticipation of the tennis tournament for representatives of banks and financial institutions, we talked with its organizer Arūnas Valickas, who shared with us the history, the changes over the past 12 years and plans for the future.
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