CeBIT 99: Bank Technology

Published: 19 March 1999 y., Friday
The CeBIT exhibition sector on banking technology with its state-of-the-art presentations of new and innovative hardware and software products and services is an international meeting place for financial service providers, their customers and anyone else interested in banking. In previous years, every sixth CeBIT visitor attended this sector of the exhibition.
On show at CeBIT 99 are:
Banking systems
Cash processing machines
Fixtures and technical equipment for banks and savings banks
Complete solutions for loans and credit banking
Financial services
These technologies support the new directions in which banking is headed, confronted as it is with the myriad requirements of the different branches of industry. The structural changes taking place in financial markets are bringing about new forms and dimensions of the bank of the future. New directions of major banks and banking groups, especially the recent mergers, are creating an unprecedented combination of product and technology know-how and sales power that can be handled only by a combined influx of capital. Innovation processes in information and communications technology are opening up new sales channels independent of any time-space constraints. This development is tempting non-banks to enter the banking business to offer financial services. It is not yet possible to foresee to what extent this will affect conventional banks and their customers. Nevertheless financial service providers in Germany and Europe are having to come to terms with new market demands and new competition. Here the driving force is the breathtaking development of information and communications technology, exemplified by the Internet. The explosive increase in networking is drastically changing the face of customer relations. The banking technology sector will be centred on a special display entitled BANK-FINANZ-SYSTEME, featuring solutions, guided tours, forums, and a service centre.
Šaltinis: CEBIT
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

Associated articles

The most popular articles

Statement at the Conclusion of an IMF Staff Mission to Chad

The mission held constructive discussions with Prime Minister Emmanuel Nadingar, Finance Minister Gata Ngoulou, Infrastructure Minister Adoum Younousmi, and other senior officials. more »

EBRD helps improve quality of electricity supply in South Caucasus

The EBRD is helping to improve the quality of power supply and stimulate renewable sources of energy in the Caucasus with an €80 million sovereign loan to Georgia for the construction of a new high voltage transmission line - the Black Sea High Voltage line, which will interconnect Georgia and Turkey. more »

New railway bypass in Tbilisi

The EBRD is helping to improve the infrastructure of the Georgian capital, Tbilisi, with a €100 million loan for the construction of a new railway route bypassing the city. more »

"Notre Europe" chair Tommaso Padoa-Schioppa on the euro

One of the men considered to be the founding fathers of the euro currency met MEPs on the Foreign Affairs Committee Tuesday (16 March) to talk about transatlantic relations. more »

Commission consults stakeholders over trade policy towards developing countries

European Trade Commissioner Karel De Gucht today opened a conference focused on the European Union's trade policy towards developing countries. more »

Results Profile: Mexico Finance

At the beginning of the 2000s, state ownership in financial intermediation in Mexico accounted for about 20 percent of the total credit of the banking system, provided through development financial institutions and funds. more »

European Enterprise Awards 2010 – 12 nominees shortlisted

Halving the number of business failures by offering individual support, doubling the number of young people who want to start their own business or raising by 500% the number of enterprising new cooperatives are just some of the projects nominated for the European Enterprise Awards 2010. more »

Companies are invited to apply for Marco Polo funding to fight road congestion and make freight transport greener

The European Commission has published the fourth call for proposals for the creation and upgrade of freight transport services under the second Marco Polo programme. more »

15 March 2010 - ECB announces EU-funded cooperation programme with the Central Bank of Bosnia and Herzegovina

The European Central Bank (ECB) today announced a programme of technical cooperation with the Central Bank of Bosnia and Herzegovina, in collaboration with a number of euro area national central banks (NCBs). more »

Commission pays €1 billion in Balance of Payments support to Romania

The EU disbursed today €1 billion to Romania, the second instalment of a €5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package. more »