BS/2 Starts Supplying Retail Equipment Manufactured By the Chinese Company CCL Tech
1/19/2021BS/2 has signed a partnership agreement with a major Chinese retail solution provider - CCL Tech.
BS/2 has signed a partnership agreement with a major Chinese retail solution provider - CCL Tech.
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?
The total number of devices worldwide has already exceeded 10,000 according to the Coin ATM Radar. The first Bitcoin ATM was installed seven years ago in Vancouver. As stated by the Norwegian financial company AksjeBloggen, the number of crypto ATMs grew by 167 percent over the year.
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.
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.
Retail chains increase the number of self-checkouts to reduce direct contact between cashiers and customers.
The global COVID-19 pandemic has a significant impact on both the habits of society and the banking sector. The World Health Organization recommended avoiding contact with surfaces in public places to decrease the spread of the virus. Banks increased the limit for contactless payments without the PIN.
The COVID-19 pandemic has caused a global economic downturn. It made banks think about anti-crisis measures to reduce costs without loss of services provided quality.
Equity Bank Kenya Limited has acquired 280 ATMeye.iQ software licenses to protect their ATM network. This solution was developed by BS/2 to provide ATM security, resolve disputes, and prevent fraud. The solution was implemented smoothly through collaboration with local partner Technology Associates Kenya.
Due to the rapid global coronavirus disease spread, the WHO announced the COVID-19 outbreak a pandemic on March 11. Most countries have introduced quarantine and recommended their citizens to isolate themselves from social contact. Schools, kindergartens, shops, cafes, restaurants and other public gathering places were closed. Many companies let their employees work from home.
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