Wednesday, November 22, 2017
Wednesday, November 22, 2017
, the world’s largest banking equipment manufacturer, and Lithuania’s Penkių kontinentų bankinės technologijos (BS/2, part of the Penki Kontinentai group) IT-company held an international conference IN TOUCH BAKU 2017, attended by over 100 bank and retail industry people from Azerbaijan, Georgia, Russia, Moldova, Germany and Lithuania.
The purpose of this conference was to create a permanent platform for communication with partners and potential customers (both internationally and regionally), as well as the latest specialized equipment presentation. For this purpose, separate sessions on banks and retail took place. During the event, participants and guests could also be acquainted with the specialized solutions developed by Diebold Nixdorf and BS/2 in order to ensure the security of banking transactions; in addition, innovative technological projects successfully implemented in Azerbaijan, including the e-ticket sales system at the historical and architectural “Icheri Sheher” complex, were presented.
Idrakas Dadašovas, Penki Kontinentai group Board Chairman, said that BS / 2, together with its subsidiaries in Azerbaijan, Uzbekistan, Georgia, Kazakhstan, Kyrgyzstan, Latvia and Estonia, has been working in the banking technologies market for a quarter of a century, and now operates in 78 countries. It has over 20 partners in Azerbaijan alone.
“BS/2 specializes in providing outsourcing of IT services, software development, system integration, banking equipment supplies and maintenance. Years of successful experience in Lithuania and abroad, as well as an impeccable business reputation, made BS/2 recognizable by leading IT companies, and helped to establish close relations with industry leaders. We always strive to provide our customers with optimal solutions, and constantly improve our work with partners. One example of such cooperation is IN TOUCH conference, previously held in London, Stockholm, Bucharest, Warsaw, Prague and Riga; I am glad that this time it is held in my native city of Baku”, Mr. Dadašovas noted.
Speaking at the conference, Emil Musayev, of the BS/2 sales department, presented the projects on equipping the Azerbaijani hypermarkets with specialized devices; Vyacheslav Chvanov, Russia’s VTB24 bank self-service network development department head, shared his experience in operating recycling ATMs – while Alexander Ketishvili of the Georgian Liberty Bank, and Kornelijus Šišla of BS/2 told about their joint projects.
Joachim Struck, Vice President at Diebold Nixdorf CEE Partner Management, speaking about the 20-years’ experience of partnership with BS/2, noted that Diebold Nixdorf highly appreciates the high level of technological solutions and professional services offered by the Lithuanian company. “We ensure high efficiency of business processes in banks and retail trade, and we highly appreciate our relations with representatives of those industries. Our main goal is to optimize business processes, reduce their costs, and improve the quality of services provided to end-users. In this respect, we are very interested in relations with partners in Azerbaijan, which has become a regional leader, and has tremendous potential to become an innovation center”, Mr. Struck said.
In his report “Innovations in the financial industry,” Struck discussed the advantages and opportunities of technological equipment and services designed to help businesses operate in new “digital” environment. For example, only 8% of transactions are now carried out using cash in the Nordic countries – and in 2008-2015, European banks have reduced their branch network by an average of 13%. Struck also spoke about projects done by Diebold Nixdorf in banks of the Czech Republic, Saudi Arabia, the Great Britain, Finland and Singapore – where all cash operations are outsourced.
According to Global ATM Market and Forecasts to 2022 research conducted in more than 100 countries around the globe, in five years the total number of ATMs will increase to 3.7 million. Only in 2016, their number went up by some 3% to 3.3 million. The results show that by 2022 the ATM market will annually grow by an average of 2.2%, with 80% new units.
Fenergo, the industry standard for Client Lifecycle Management (CLM) solutions for Corporate & Institutional, Business & Commercial, and Private Banks, has today announced a signed deal with BNP Paribas.
The bank is Fenergo’s sixth European client to be signed in the last six months.
Fenergo’s CLM solution will support BNP Paribas’ global transformation project, delivering a single client view across all jurisdictions and entities and enabling the bank to efficiently comply with all local and global regulatory rules and deliver an optimum customer experience.
“We chose Fenergo for both their deep, out-of-the-box CLM functionality and their v8 technology that is a good fit with our own modernized technology landscape. I look forward to working with the Fenergo team and their wider client community to input into the continually evolving product and regulatory roadmaps”, said Bernard Gavgani, Global Head of CIB IT and Operations within BNP Paribas.
Fenergo launched Fenergo v8 to its clients in June 2017 during its Global Client Council held in Ireland. An easy-to-use, intuitive and powerful platform, Fenergo v8 redefines Client Lifecycle Management as it is currently known. The solution is built upon React, the same technology that underpins such high-volume, high-profile firms such as Netflix, Facebook, Instagram and the New York Times e-platforms, where performance and ease-of-use are of the highest priorities. It offers a radically improved user experience with more efficient orchestration, enhanced navigation and greater visibility across client cases. Deploying advanced technology architecture, v8delivers faster page load times and responsive design, enabling cross-browser and multi-device support, improved search engine support, increased scalability and greater data integration capabilities. The solution also provides enhanced intelligent document management capabilities, including wiki-style and auto-generated documents.
Speaking on the announcement today, Fenergo’s CEO, Marc Murphy, said, “I am wholeheartedly delighted to announce the addition of BNP Paribas to our growing, global client base. There are two key drivers behind Fenergo’s success to date – digital transformation and heightened regulatory compliance and scrutiny. We are finding that banks which would have traditionally favoured in-house built solutions are now turning to Fenergo to help them realize their vision faster and more efficiently – to be able to comply with the full letter of regulatory rules, whilst delivering a better client experience. I look forward to working very closely with BNP Paribas to make this vision a reality very soon”.
Greg Casey, Fenergo’s VP Sales for Europe, said, “I am very proud to welcome BNP Paribas as a client. Fenergo offers a community approach to building Client Lifecycle Management solutions that tap into a global community of professionals within our client organizations to develop a robust regulatory roadmap that future-proofs our clients’ businesses. This leaves our clients, like BNP Paribas, to focus on delivering a better client experience that improves market share and customer mindshare”.
SINGAPORE–(BUSINESS WIRE)–TMD Security announced today the release of its Security Management Software portfolio that includes Security Kit Monitoring, Profile Management, Access Management and ATM Fraud Detection.
Security Kit Monitoring gives an instant ‘one-look’ dashboard view of the status of the security kits on the network, with alerts via email, SMS or mobile app, ensuring that each ATM is protected and that service calls are productive, reducing costs and maximising cardholder convenience.
Security Kit Monitoring works with Gas Defence Kit’s ‘spark’ technology to safely ignite any gas the criminal inserts into the ATM , preventing an explosion, and alerts of any attacks. Note Staining Kit+ protects against explosive attacks by using ink to neutralise the value of the notes and ‘spoil the prize’. Unlike other note staining systems that are destroyed by the explosion before they have time to activate the ink, Note Staining Kit+ uses patented shockwave technology that instantly ruptures the ink canisters and stains the notes on explosive impact. Additional security features stain the notes if there are traditional physical attacks using grinders or thermal tools, and Security Kit Monitoring generates an alert.
Profile Management protects against malware and black box attacks by comparing the software and hardware on the ATM with the defined correct versions stored centrally and alerts if changes are made.
Access Management ensures that only authorised users have access to the ATM via USB or Windows and defends against malware.
ATM Fraud Detection alerts if suspicious transactions occur at the ATM by comparing pre-defined business rules with actual transactions and the ATM can either be shut down or the card can be blocked.
‘ATM crime trends, including deep insert skimming and explosive attacks, are unfortunately spreading fast in Asia Pacific,’ said Mike van der Wal, MD APAC, TMD Security. ‘We are committed to help ATM deployers be prepared and take their security defences to the next level.’
TMD Security will share insight into the latest global ATM threats and how to defend against them at ATMIA ATM & Cash Innovation Asia.
About TMD Security GMBH TMD Security is the global leader in ATM security solutions with sales and support in EMEA, APAC and Americas.
Website www.tmdsecurity.com; email firstname.lastname@example.org
In the cash-heavy, highly competitive Turkish market, financial institutions that reduce their cash management costs are able to gain a competitive edge. According to Diebold Nixdorf, the rollout of cash recycling technology will drive down the total cost of ownership and reduce cash-in-transit visits significantly. Banks in
“Our ATM network currently comprises around 4,000 ATMs and deposit terminals. We expect significant cash-handling savings through the gradual replacement of existing systems with cash recycling technology that has proven itself in extensive tests with regard to performance and availability,” said ?lker Ye?il, assistant general manager, payment systems and delivery channels at VakifBank.
“We draw on our software and cash management expertise to support banks with efficient, highly available self-service solutions that help create an ideal connected commerce experience,” said Christian Weisser, senior vice president and managing director,
Vak?fBank was first established with an initial capital of 50 million TL on the 11th of
Vak?fBank has been reaching out its corporate and individual customers in a most efficient manner through its internet and telephone banking services. As of
About Diebold Nixdorf
Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization is headquartered in
1 RBR 2017, Global ATM Market and Forecasts to 2022
SOURCE Diebold Nixdorf
Media Relations, Ulrich Nolte, +49-5251-693-5211, email@example.com; Investor Relations, Steve Virostek, +1-330-490-6319, firstname.lastname@example.org
The Dovetail payment solution offers unmatched support for real-time clearings, including RT1, TIPS and Equens across
The Dovetail payment solution enables banks to connect to any of these clearings from a single platform in a way that best matches their needs, including direct connectivity or via SIA, EBICs, or SWIFT.
“As the European real-time payments market moves to execution phase,
Dovetail solutions are offered by
In a world moving faster than ever before,
View source version on businesswire.com: http://www.businesswire.com/news/home/20171120005380/en/
Director, Public Relations
Marketing Communications Manager
Dovetail now part of
To use the new feature, sellers open the extension tray within Messenger, select PayPal and create the invoice, with the item name, description, price and quantity.
They then send it to the buyer, who can press the Pay with PayPal button and complete the transaction with PayPal One Touch.
The move comes a month after PayPal introduced person-to-person payments within Messenger. The firm also has a Messenger customer service bot.
He joins HSBC as the bank prepares to lavish $2.1 billion to tranform its legacy spaghetti architecture into a fit-for-digital business platform. Reporting to Ganesh Balasubramanian, global retail banking and wealth management CIO, Warriner will be focused on setting the bank’s retail IT agenda.
“My focus has always been on the use of technology to delight users, whether a multi-player adventure game I wrote at school or more recently the complete re-write of Google’s main publisher advertising system,” he says. “HSBC is an amazing brand, has great products and a highly capable global technology team. But even the strongest can’t sit still and the market is moving rapidly with new entrants taking advantage of mobile, artificial intelligence, chat bots and agile development.”
In an effort to bring its systems up to scratch, HSBC has created a Technology Advisory Board of independent industry experts, including CEOs from Silicon Valley and venture capital companies, to advise on use of emerging technologies.
The coming together of technology advances, cultural shifts, and regulative transformation drives the digital age. How banks react to this to meet the growing expectations of their customers drives their strategies and business models. Against a backdrop of increased competition from new entrants’ intent on disrupting the market, the question is who holds the primary relationship with customers?
The move towards a digital age demands a new way of thinking for providers of payment services and how these financial institutions compete, or in many cases, co-exist is still evolving but is crucial to their success. Now is the time to think and act like a digital company offering services and products to customers who want immediate access to them.
Challenger banks and niche payment providers focus on specific areas of service, working with the fintech community to develop new technologies targeting traditional bank products. The established players must react to this or their failure to transform will lose them customers and impact their revenue. Perhaps the time is to nurture greater collaboration and partnerships?
Built to appeal to the techno-literate youth segment, the space is bristling with technological innovations, including top-of-the-range ATMs, video teller machines for face-to-face interactions, a ‘VR Corner’ for headset-based retirement planning and on-the-spot guidance from Pepper, the humanoid robot.
Social interactions are also part of the mix, including a talent development showcase spot to groom budding singing talents, culminating in a National Youth Music Awards competition in 2018. There are also plans to hold monthly latte art and coffee appreciation classes with Bettr Barista, financial talks by NAV – Your Financial GPS and art work exhibitions by students.
Jeremy Soo, head of consumer banking group (Singapore), DBS Bank, says: “We believe social networking in a physical space is equally important and that is why we are transforming this lifestyle branch to allow customers to interact with one another based on their interests. By reimagining banking, we want to change the impression of what branch banking is for the tech generation – hence offering this new relaxed environment, where banking is woven into our customers’ daily lives.”