openPR Logo

Press Releases from Penki Kontinentai Group (22 total)

Penki Kontinentai Turnover Exceeded 70 Million Euros In 2019

The turnover of the Penki Kontinentai Group operating in the field of banking technologies, payment solutions, retail, fiber optic Internet and IT services has grown by more than 50 percent compared to 2018 and exceeded 70 million euros in 2019. "The successful start of the year gave a powerful impetus to our future work. Financial indicators reflect the high level of team professionalism and consistent compliance with the development strategy in

The Largest Lithuanian Postal Service Provider Continues Cooperation with ASHBUR …

Lietuvos paštas, the largest Lithuanian postal service provider, extended the cooperation agreement with ASHBURN International, which develops and implements software solutions for authorization of payment cards and network management of EFTPOS terminals, for another two years. By the agreement, ASHBURN International will continue to ensure the operation of all Lietuvos paštas payment terminals, which are connected to the TransLink.iQ system, which allows real-time monitoring, parametrization and software update of all devices.

ASHBURN International in TOP 10 Payment and Card Solution Providers in Europe 20 …

The well-known international magazine Banking CIO Outlook included ASHBURN International, which develops and implements transaction routing and EFTPOS terminals network management software, in the TOP 10 Payment and Card Solution Providers. Banking CIO Outlook Magazine, which is published in Silicon Valley, highlights the latest technological trends in the banking sector. Industry experts share their experience and assess the latest global trends in payments and security. Each year, a reputable group of

What is Face Detection and how can banks use it to protect ATMs

Major developer of software solutions for banks and retail BS/2 company presents a biometric technology-based feature of Face Detection for ATMs at “RBR: ATM & Cyber Security 2019” - the world’s leading conference focused on physical and logical ATM security. The event will be held in London in October 2019 and attract 400+ banks and security experts from over 40 countries worldwide to discuss current problems of ATM security

Penki Kontinentai Revenue for the First Quarter of 2019 - 10.9 Million Euros

The revenue of the Penki Kontinentai Group, specializing in innovative information technology solutions, reached 10.9 million euros for the first quarter of 2019, which is 25 percent more than in the same period last year (8.7 million euros). “We are expanding the range of services and our presence in countries of strategic importance, where new banking technologies are especially needed for the dynamic development of the financial sector. We hope that

BS/2 Provides Cash Monitoring tools for VTB Bank in Georgia to Improve Cash Effi …

VTB Bank is one of the leading banks in the Georgian financial market. With almost 15 years in business, it established itself as a modern financial institution, introducing innovations and improving the quality of services. Since the beginning of 2019, technical support for all bank self-service devices has been entrusted to BS/2 Georgia. Cash flow is monitored by the Cash Management.iQ software solution developed by Penkių kontinentų bankinės technologijos (BS/2)

BS/2 Awarded for Achievements in Uzbekistan

The banking technologies company Penkių kontinentų bankinės technologijos (BS/2) of Penki Kontinentai Group received an exceptional award from the world leader of the banking and trade equipment Diebold Nixdorf for successful business development in Uzbekistan. The Special Achievement Banking 2019 award was presented to BS/2 at the Banking Eurasia Partner Summit, held in Rome (Italy) on April 8-10. Over 120 delegates from 30 countries participated in the annual event, shared strategic

Penki Kontinentai Group Presents a New Corporate Website

On March 12th, 1989, the concept of the World Wide Web was first introduced. The invention of the World Wide Web can be considered the greatest technological breakthrough of the last century, it’s hard to imagine our everyday lives without it. To commemorate this occasion, Penki Kontinentai Group presents its new corporate website - www.5ci.lt. “Our decision to launch the new website in March did not happen at random. On

Penki Kontinentai Corporate Film Wins as the Best Video Project at the Internati …

A corporate film of Penki Kontinentai Group entitled “Technologies of Tomorrow Today” has won as the best video project in the first international ATMmys International ATM Industry Marketing awards. The winners were announced at the ceremony during the ATMIA conference, which was held February 19-21 in Orlando (Florida, USA). This significant and one of most important events in the banking industry gave the opportunity to discuss the latest market trends

The Key to Success in Banking Equipment Maintenance: Efficiency and Services Fle …

Equipment maintenance is a prerequisite for the banking self-service network. The smooth operation of ATMs and POS terminals creates a positive image of a financial institution and guarantees the loyalty of its customers. Service outsourcing is a more profitable alternative to creating service infrastructure. More and more banks entrust equipment support to specialized companies that provide quality services timely. What factors are most important choosing an outsourcing company? What affects the

Unique Face Recognition Solution Will be Displayed by BS/2 at The Largest ATM-Fo …

More than 1200 well-known banking technology brands from 25 different countries will participate in the ATMIA Conference and Exhibition in Orlando (Florida, USA), which will be held on February 19-21. One of the most important events of this year has a global perspective and gives a great opportunity to share experience and knowledge for industry representatives. Among the participants is the banking technology company BS/2, which will display the own

The Penki Kontinentai Group Scores 47 Million Euros in Revenue

The Penki Kontinentai group, which has been operating in the field of IT technologies almost for 30 years, showed high financial results in 2018. Its income amounted to 47 million euros (in 2017 - 34 million euros). A company owned by the group, Penkių kontinentų bankinės technologijos (BS/2), achieved the most significant results in 2018. It implemented a number of projects for more than 5 million euros only in Kazakhstan and

TransLink.iQ Will Manage More Than 250,000 POS Terminals in Uzbekistan

ASHBURN International, a company specializing in solutions for managing and monitoring POS terminal networks, signed a long-term strategic partnership agreement with the Common Republican Processing Center (CRPC) of Uzbekistan. CRPC organizes the complex and goal-oriented movement of the modern bank information technologies in the financial market of Uzbekistan. Common Republican Processing Center is responsible for processing transactions. It controls the operation of more than 250,000 payment terminals. The agreement deals

BS/2 is among TOP15 Technology Leaders

International banking technology company BS/2, specializing in IT outsourcing, software development and equipment supply, is listed in TOP15 Technology Leaders according to the VERSLO ŽINIOS ranking of Sector Leaders 2018. The biggest business portal in Lithuania VERSLO ŽINIOS evaluates companies and creates the rating of leaders in several different sectors each year. This list is based on the company's profit data and business value nationally. “The new technologies revolutionized our life. BS/2

First Interactive Self-Service Kiosks in Chain of McDonald's Fast Food Restauran …

Lithuanian bank technology and retail company BS/2, a part of Penki Kontinentai group, installed first interactive self-service kiosks in chain of McDonald's fast food restaurants in Azerbaijan. Support, installation and maintenance are provided by BS/2 subsidiary in Azerbaijan BSKOM. First McDonald's restaurant in Azerbaijan opened its doors on November 6, 1999, on the Fountains Square in Baku. Today, there are 13 restaurants across the country. Now the first McDonald's restaurant with

ASHBURN International started to provide a service of Dynamic Currency Conversio …

ASHBURN International , specializing in software development, POS terminal networks support and monitoring, offered a solution convenient for tourists and visiting foreign businesspersons, who want to pay by electronic payment cards. Dynamic Currency Conversion (DCC) automatically recalculates the good‘s or services’ price in the currency preferred by the cardholder. This can be the currency of the residence country or the currency of the locate country. This service has long been popular

The Cryptomate Network Maintenance Is Entrusted To BS/2

BS/2, a company specializing in banking solutions, and a crypto ATM manufacturer Cryptomat signed a service agreement on the cryptomate network maintenance. By the end of the year, it is planned to install in Georgian cities about 20 ATMs with function of buying bitcoins and litecoins. According to the World Bank, Georgia is the world's third largest miner of cryptocurrencies. The surveys or show that up to 5% of households in

BS/2 maintains 13,000 POS-terminals in Georgia

The company BS/2 operates more than 20,000 POS terminals in 7,000 outlets in the Baltic States, Central Asia and Caucasus. BS/2 provides more than 20,000 POS terminals to 7,000 outlets. It is planned to increase the POS terminals network to 25,000 by the end of 2018. As the result of the recently implemented project, BS/2 Georgia began maintaining 12,000 POS terminals of one of the largest Georgian commercial banks. “According

BS/2 Was Awarded for Successful Projects Implementation in Azerbaijan

The company BS/2, a member of the Penki kontinentai group, got the prestigious Innovation SPIRIT Banking 2018 award at the Diebold Nixdorf Partner Summit for actively promoting the latest technology solutions for banks and retailers in Azerbaijan. The world leader of the banking and trade equipment Diebold Nixdorf appreciated the BS/2 project, implemented through BSKom, subsidiary in Azerbaijan, for equipping the large trading network BRAVO with modern equipment and software

ASHBURN International is the First in the Baltic States to Offer New Ingenico Pr …

ASHBURN International is the first company in the Baltic States to certify the latest generation of Ingenico POS terminals based on the Telium Tetra operating system. POS terminals are available to all trade and service companies cooperating with one of the largest Scandinavian banks in the Baltic countries. According to the ASHBURN International executive director Žoržas Šarafanovičius, the completed certification process confirms the correctness of the company's chosen business strategy

Innovative Banking Technologies and Equipment at BankExpo 2018

The annual BankExpo 2018 banking services, technologies and equipment exhibition will be held on April 19-21 in Tashkent for the 11th time. Visitors and guests will learn about the latest achievements and prospects of the banking development, new technologies and products. BankExpo has proved itself as a solid platform for the banking IT services. The program of the forum includes a conference "Banking and Financial Sectors Digital Transformation" (InnoBanking.UZ), where

The present-day future. 3 myths about video banking

Nowadays, remote customer support provided by the bank staff during routine self-service operations isa good practice. Fast-paced telecommunication development, requiring for the video communication, provides for financial Institutions the opportunity to reach their clients via the new modern and credible channel. However, the set of concerns about the practical application of such solutions is more than real for banks. To proof its tenability of the new interaction channel tending to

Go To Page:   1 2 3 4 5 6 7 8 9 10