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.
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. It can be used by both visitors and employees, the number of which reaches 800 people.
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.
Delivery of e-commerce goods through parcel lockers (also called parcel terminals, parcel machine, automated postal stations) is gaining popularity every year. According to a report conducted by one of the largest American delivery services Pitney Bowes, from 2014 to 2018, the number of parcels worldwide increased by 104% from 43 billion to 87 billion shipments per year, and will exceed 200 billion by 2025. Obviously, with this growth, postal organizations and delivery services are constantly looking for options to optimize the delivery process and minimize their costs.
The purpose of the latest updates of Cash Management.iQ software platform is to increase the security level, as well as meeting the increasing requirements of international security standards which are implemented in modern banks, CIT services, and retailers.
It is impossible to imagine our life these days without contactless authorization. We use it when shopping, paying for public transport or entering buildings with access control. Сontactless authorization has already become a standard for payment devices. According to international payment systems, in 2020 more than 40% of payment cards in the world support contactless payment, about 70 million people regularly make contactless payments.
A year ago, one of the leading manufacturers of banking hardware and a developer of banking software solutions, Diebold Nixdorf announced the launch of a new line of DN Series ATMs.
Automating the process of assigning tasks and providing relevant access to CIT personnel is one of the most useful ways in increasing the overall efficiency of the cash flow process. BS/2 was able to implement these features into it’s Cash Management.iQ system while finalizing the main phase of the integration process of the Cash Management.iQ platform with the A-Series access control solution from Sargent&Greenleaf.
The use of automatic deposit machines (ADMs) and ATMs with the function of account replenishment during quarantine fits perfectly into the frameworks of social distance conception, which is actively being promoted today worldwide and has already proved its effectiveness during a pandemic.
Microfinance organizations have advantages over large banks when ensuring the availability of financial services for retail customers due to their flexible approach to providing credits.
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