Ulugbek Tavakkalov: "Businesses need to be able to turn over cash quickly and get money into accounts instantly"

Published: 22 October 2021 y., Friday

On October 15 the Eurasian Forum "Cash Circulation. Technologies - 2021" was held in Tashkent. The event brought together representatives of the regional banking industry and international experts. The trend towards automation and optimization of cash flows was the main topic of discussion at the forum.

"It's a great way to reduce and simplify the work of cashiers, cashier-controllers and all the people who deal with cash circulation. We are seeing today that ATMs are becoming smart - it's not just handing out cash. We see that in order to reduce collection costs, it's important to learn how to work with recyclers. We see that programs that service ATMs, such as Cash Management.iQ, help reduce collection costs. We see that businesses need to quickly deposit cash and instantly get money to the account," said Ulugbek Tavakkalov, Deputy Chairman of the Board of Tenge Bank.

BS/2 representatives delivered two presentations at the forum. Kirill Ovsiannikov, Deputy General Director for Strategic Development of BS/2, spoke on "Technology Development in the Cash Circulation Field. Experience of TBC Bank and other banks."

Anton Valinčius, Director of BS/2 Uzbekistan, talked about the automation of cash processing and how to simplify the work of cashiers at the bank branch level.

We suggest you watch a short video about the forum and listen to what other participants of the event had to say.

Šaltinis: BS2.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Bureau Veritas confirmed high BS/2 standards

On October 18-21, BS/2 was audited by Bureau Veritas, the world's largest standards developer and publisher. more »

Ulugbek Tavakkalov: "Businesses need to be able to turn over cash quickly and get money into accounts instantly"

On October 15 the Eurasian Forum "Cash Circulation. Technologies - 2021" was held in Tashkent. more »

Modern ATMs in the banking ecosystem

What role modern ATMs play in the banking ecosystem will be discussed on October 27-28 in Almaty at the International PLAS-Forum "Fintech without Borders. Digital Eurasia". more »

Machines that count and save money

Cash will not lose its relevance in the next 20 years. This statement was made by Shay Ness, Managing Director of Cash Processing Solutions (CPS) for Europe and the CIS. more »

Financial institutions participated in a friendly BFI Cup tennis tournament

The tournament was held for the 14th time and was organized by Teniso turnyrai with the support of Penki Kontinentai group of companies, which includes BS/2 company. more »

The new book by T.Dadashev: Everything You Wanted to Know About Acquiring and Even More

T.Dadashev studied and described in detail the payment systems, the process of making transactions and ensuring their security, presented an overview of the most popular POS terminal devices on the market, studied the history of acquiring... more »

BS/2 Explains How Banks Can Reduce the Cost of Raising Cash for ATMs

A specialized webinar dedicated to cash management issues "How to secure the best KPIs in terms of ATM cash availability" will be held on September 23 at the BS/2 Competence Center in Vilnius. more »

At the Сonference in Kyiv BS/2 Will Talk About the New Features of the ATM Security System

S/2 will take part in the VIII International Conference "Anti-Fraud in the Digital World", which will be held on September 9 in Kyiv. more »

Cartu Bank will be the first in Georgia to start serving customers through DN Series ATMs

The bank signed an agreement with BS/2 for the supply of the latest DN Series ATMs. more »

CPS appoints BS/2 as its distribution partner in Uzbekistan, Azerbaijan, and Georgia

Cash Processing Solutions, the world leader in banknote counting and sorting equipment, has appointed BS/2 as its partner in Uzbekistan, Azerbaijan, and Georgia more »