The BS/2 company will take part in the 12th International PLUS-Forum “Cash Circulation + Self-service. Banking and Retail”, which will be held on April 26-27, 2021 in Moscow. The forum is dedicated to the current state and development prospects of cash circulation, banking, and the payment industry in Russia, the EAEU states, and other countries of the world.
BS/2 company, in cooperation with local partner, has started to deliver the ATMeye.iQ solution in Mali, supporting an initiative by local financial institutions to optimize their self-service banking channel.
Competition between payment cards and cash is growing. The possibility of coronavirus infection spreading through banknotes had an additional impact during the pandemic. What will happen to the cards in the future? Maybe the cards will replace cash or disappear altogether. Let's turn to history.
COVID-19 has become a catalyst for the introduction of digital services for the whole world. The payments industry has undergone important changes also. Social isolation and recommendations to limit the use of cash led to the rapid development of electronic payment technology.
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.
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