ASHBURN International Expands Partnership with SEB Bank

ASHBURN International, a company specializing in the development, implementation, and support of software for POS terminal network management and transaction routing, has signed a cooperation agreement with SEB Bank. The subject of the contract is the supply, ongoing maintenance and the implementation of software for managing the POS terminals network of this credit institution in all Baltic countries. more »

“Penki Kontinentai“ News

Published: 27/08/2020

A new surge of logical attacks on ATMs: what the Belgian experience teaches

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. more »

“Penki Kontinentai“ News

Published: 26/08/2020

ATM history: yesterday, today, tomorrow

The first cash-dispenser was created in 1939 by American scientist Luther George Simjian. That moment was the birth of the banking self-service field, but as it says: “The first step is always the hardest” – that idiom exactly fits the description of that machine, called “City Bank of New York”. After all, it has been used only for six months, before the device has returned to the creator due to complexity of maintenance. more »

“Penki Kontinentai“ News

Published: 24/08/2020

Pandemic and Approaching Autumn Bring Viewers Back to TV Screens

Pandemic and self-isolation have changed our habits. Children and adults, practically locked at home, began to watch TV more often. According to fiber-optic network Penki, TV time has increased by 30 percent since this spring compared to the same period last year. more »

“Penki Kontinentai“ News

Published: 19/08/2020

Pandemic Spurs Investment in Contactless Technology

The global COVID-19 pandemic has a significant impact on both the habits of society and the banking sector. The World Health Organization recommended avoiding contact with surfaces in public places to decrease the spread of the virus. Banks increased the limit for contactless payments without the PIN. more »

“Penki Kontinentai“ News

Published: 07/08/2020

Video surveillance for parcel lockers: a new application of ATMeye.iQ

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. more »

“Penki Kontinentai“ News

Published: 24/07/2020

3 new security-enhancing features of Cash Management.iQ

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. more »

“Penki Kontinentai“ News

Published: 16/07/2020

NFC as a standard in the payment industry

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. more »

“Penki Kontinentai“ News

Published: 30/06/2020

Penki Kontinentai Group After Quarantine: Changed Communication Format and Rapid Introduction of Technologies

Banking and ITT technology Group Penki Kontinentai steps out of quarantine with an even stronger position in the market and retaining employee salaries. more »