Banks will manage cash more optimally with the updated solution

Published: 10 February 2009 y., Tuesday

 

„Smart Safe“ logotipas

The company Penkių kontinentų Bankinės technologijos (BS/2), part of the Penki kontinentai group, has updated their software solution SmartSafe designed for cash management in automated teller safes of banks installed in customer service locations.

Automated teller safes with SmartSafe software installed in them differ from ordinary safes because they can identify and count accepted and paid out banknotes, check if the money is not fake etc. by themselves. Such safes are used in open-plan customer service departments in banks where employees are not protected by bulletproof glass or bars.

Until now, each cashier’s computer would be connected to an automated teller safe directly or via another computer. With the improved SmartSafe, each computer is connected to the safe via a computer network. This makes it possible to connect more computers to one safe and to make better use of the potential of the equipment.

Besides, BS/2 has created an additional module of the software solution – SmartSafe Monitoring. It allows inward and outward cash flows to be analyzed in real time, optimizing them and predicting when the safes must be replenished.

“The main advantage of the improved solution is the possibility to “employ” information from different databases such as SQL. Another advantage of SmartSafe Monitoring is the fact that the solution may be installed after a customer has already chosen and installed one or another database. Thus it may be flexibly applied depending on a customer’s needs and financial possibilities,” Žan Ratomski, the manager of the Information technologies department of the company BS/2, explained.

He is convinced that the updated solution will enable banks to optimize their activity even more, to use financial resources more efficiently as well as to acquire more competitive advantage.

According to data from the Bank of Lithuania, 1,908 customer service locations were constructed in the country’s banks in the fourth quarter of 2008. The company BS/2 has installed over 150 automated teller safes in Lithuania. The Lithuanian company has also installed this equipment and SmartSafe software in Georgia, Ukraine, Russia, India, Libya and Panama.

Šaltinis: Penki.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

Associated articles

In the first half of 2014, a group of companies “Penki kontinentai” was profitable

Over the first half of 2014, income of the group of companies “Penki kontinentai” grew by 55.94%, compared to the same period last year, and amounted to LTL 82.93 million. Net unaudited profit of the group amounted to LTL 8.17 million and was two and a half times higher than last year (at the end of the first half of the last year, it was LTL 3.28 million). more »

“Penki kontinentai Riga” has signed a cooperation agreement with “NORVIK BANKA”

In early August, this year, “Penki kontinentai Riga”, a subsidiary of an international company “Penkių kontinentų bankinės technologijos” (BS/2), was recognized a winner of a tender on the supply and maintenance of ATMs of “NORVIK BANKA”. more »

Smart Lighting is being Installed in the Vytautas the Great War Museum

Invited by its partner UAB “Eltecha”, UAB “Penkių kontinentų komunikacijų centras” (PKKC) is implementing a smart lighting project in the Vytautas the Great War Museum located in Kaunas. more »

Mobile banking solution “Mobile Banking.iQ” has been extended

UAB “Penkių kontinentų bankinės technologijos” (BS/2) has extended mobile banking solution “Mobile Banking.iQ”. From now on, banks that have installed this solution will be able to offer their customers a budget planning feature “My Budget”. more »

Lithuanian solutions designed for payment cards were introduced in Belarus

At the end of July, “ASHBURN International” (ASHBURN) owned by a group of companies “Penki kontinentai” that has been operating in the Belorussian financial market for more than 15 years participated in a meeting of the Interagency Council of the National Bank of Belarus. more »

“Justa PDF Sign”: a convenient and fast way to sign documents

A company “Skaitmeninio sertifikavimo centras” (SSC) owned by a group of companies “Penki kontinentai” offers to businesses and private individuals a software solution “Justa PDF Sign”, designed for electronic signing of PDF documents. more »

“BS/2 Georgia” is expanding its network of services

A banking technology company “BS/2 Georgia” established in 2009 and owned by a group of companies “Penki kontinentai” has expanded a network of ATMs managed by it in Georgia. more »

Common standards for the internet of things come to the assistance of those creating smart homes

According to the predictions of Gartner, a US technology research company, the number of things and devices connected to the internet and capable of exchanging information will have exceeded 26 billion by the year 2020. However, smooth communication between these devices and the possibility to connect them to one common wireless network, i.e., the internet of things, is prevented by the absence of consistent standards. more »

Wi-Fi solutions offered by “ProfIT”: for a productive and flexible work

A company “Penkių kontinentų komunikacijų centras” that provides outsourcing of IT services “ProfIT” to business customers offers Wi-Fi network solutions (Wi-Fi as a Service) that contribute to productivity improvement and cost reduction. more »

U.S. Cultural Attache visited a group of companies “Penki kontinentai”

At the end of July, this year, the Cultural Attache of the United States of America Sarah Talalay visited head office of the group of companies “Penki kontinentai” located in Vilnius. The purpose of her visit was to strengthen and expand mutual cooperation in the field of culture and education. more »