Loomis inked a four-year agreement with BAB Bankernas Automatbolag to provide approximately 50% of Automatbolag’s ATMs with cash. Also included in Loomis’ assignment is the counting of cash and certain emergency servicing of the machines. BAB Bankernas Automatbolag was founded in September 2010 by Danske Bank, Handelsbanken, Nordea, SEB and Swedbank, and is taking over the management of the owner banks’ approximately 2,700 withdrawal and deposit ATMs.
EDB ErgoGroup has forged seven year agreements to deploy and operate 2,800 Bankernas Automatbolag ATMs. Worth NOK 800 million, the contract stipulates EDB ErgoGroup is to deliver standardised services for the banks’ ATMs for administration, software management, transaction processing, settlement and operational monitoring. A combined transition project will make all 2,800 ATMs part of EDB ErgoGroup’s service concept for ATMs over the course of 2012.
EDB ErgoGroup has forged seven-year agreements with Bankernas Automatbolag, providing operational responsibility for 2,800 minibanks in Sweden. The contract represents a total value iof around NOK 800 million and with it, EDB ErgoGroup will deliver standardised services for the banks’ ATMs for administration, software management, transaction processing, settlement and operational monitoring. A combined transition project will make all 2,800 ATMs part of EDB ErgoGroup’s service concept for ATMs over the course of 2012. EDB ErgoGroup will now provide services for 3,200 of the 3,800 ATMs in use in Sweden.
The six banks that make up The Swedish Banks’ ID Consortium (Bankernas ID-konsortium) have now signed contracts with IBM for the supply of the technical services needed to realize the Swedish Banks’ ID Service.
The Swedish Banks’ ID Service (Bankernas ID-tjanst) is a collaborative project between Danske Bank (in Sweden), ForeningsSparbanken, Handelsbanken, IKANO Banken, SEB and SkandiaBanken. The banks will launch the service in 2002.
Private individuals will then be able to obtain from their bank an electronic key known as a Certificate. This will allow them to identify themselves in a secure way to the websites using the service and thus gain access to personal information stored there. They can also place orders and sign agreements.
Public bodies and companies will be able to purchase ID services from any of the banks in the consortium. This will give them the means of achieving secure electronic communication with all individuals who have obtained Certificates from any of the six banks.
“We believe that our service will contribute to better Internet security and hence to increased use of the Net,” says Hakan Nyberg, chairman of the Consortium.
“This will be of great value to the public sector, to companies and to individuals. Our system has the potential to achieve a significant breakthrough since we are responding to market forces. There are obvious economic incentives to use the service and go on developing it.”
The collaborative project between the banks and IBM includes a “Certificate Factory,” which uses a common Certificate standard. The Certificate Factory, to be supplied by IBM, will produce Certificates for individuals, and is where public bodies and companies check Certificates. IBM will also supply the software that organizations, companies and individuals need to use the Certificates.
Proton World and the Bankernas Kontantkort Cash Association (the consortium of
banks that operate the Proton-based CASH smart card scheme in Sweden, made up
of Nordea, SE Banken, Svenska Handelsbanken and Swedbank ) announced that the
members of the consortium will upgrade their existing Proton host system to
enable it to support smart cards based on the Proton Prisma technology.
The Swedish system is currently the third-largest Proton-based smart card
programme in the world, with 7,330,000 cards issued and 33,176 terminals
installed. The CASH e-purse is typically combined with credit and debit
applications on the same card, but up to now, these applications have used the
magnetic stripe technology. The four issuing banks in the consortium account
for over 85% of the retail banking market in Sweden. They also all have banking
activities and strong links with financial institutions across the Nordic
The first part of the Swedish system to be upgraded will be the jointly-owned
Proton e-purse host and then each bank’s individual EMV (credit/debit) card
issuing system. The new Proton Prisma EMV application is compliant with the
requirements of Europay, MasterCard and Visa for the Swedish market. The first
Proton Prisma cards are scheduled to be issued in a pilot in October 2001 by
Nordea (formerly MeritaNordbanken). The EMV standard for
internationally-accepted credit and debit applications was devised by Europay,
MasterCard and Visa. It specifies the use of smart card technology and obliges
issuers to migrate to EMV-compliant systems by the end of 2005.
Proton Prisma is the new multiple-application smart card technology from Proton
World. The core of Proton Prisma is made up of CALC, a secure applications
management platform which is a spearhead implementation of the forthcoming Open
Platform 2.1 standard, and DFM, a toolkit for the creation of multiple
The Swedish Proton Prisma cards will contain the full range of Proton Prisma
applications, including ASPIC, a PKI-based authentication application and the
CEPS-based e-purse interface, with overall asymmetric RSA security. These
applications will be activated by the consortium members at a future date of
Tom AnderzÃ©n, Manager, Card Issuing at Swedbank and Board Member of the
Bankernas Kontantkort Cash Association, said “The CASH association’s member
banks very much appreciate the fact that, with the new Proton Prisma range,
Proton World can now supply them with a truly multi-application smart card
solution, which will create many new business opportunities in the
highly-competitive banking market.”
Armand Linkens, CEO of Proton World, said “We are not surprised that our
Swedish licensees are the first to adopt Proton Prisma, as the Swedish banks
are leading Europe in offering high-technology banking services via the
Internet, television and GSMs. Proton Prisma has been designed to deliver the
tools required to make electronic payments in all of these domains to
technologically-advanced customers, such as the Swedish banks, who will provide
optimum deployment fields for its flexible multiple-application capacities.”
BANKERNAS KONTANTKORT CASH ASSOCIATION operates the CASH e-purse system in
Sweden. The partners in the association are Nordea, SEBanken, Swedbank
(Foreningssparbanken) and Svenska Handelsbanken.