Qatar Islamic Bank – the benchmark Islamic bank in Qatar and one of the leading Islamic banks in the world – announced today that it had achieved compliance with the PCI DSS (Payment Card Industry Data Security Standard) version 2.0. The PCI DSS Compliance Certificate was received today by QIB Acting CEO Ahmad Meshari from…
Broadridge Financial Solutions announced the launch of new functionality within its “PROactive” solution suite for the reconciliation and automated exception handling of ATM activity, improving banks’ accuracy and error detection by reconciling a range of ATM transaction processes including withdrawals and bank transfers. The new functionality includes cash replenishment, individual ATM transactions, banks’ balances, float cash, ATM networks and cash deposit machines (CDM). Banks also improve levels of customer service as failed ATM disbursements can be identified very quickly and erroneous debits to customer accounts corrected before these cause complaints.
Wincor Nixdorf received an order from Halkbank whereby it will supply and install 840 multifunctional ATMs equipped with cash deposit modules (CDM). Additional features include automated cash deposits and cutting-edge security technology. The full deployment should be complete by the end of 2011 to increase its self-service estate to a total of 2300 systems. In order to relieve bank staff of routine tasks and offer customers 24/7 service, Turkish banks equip their self-service systems with a wide range of additional functions.
China Merchants Bank has licensed ALIâs “OnQ” automated and centralized collections campaign and strategy management. OnQ is used by nine of the top ten US credit card issuers in the U.S. and processes over 500 million records per month. This is relevant with the rapidly growing Chinese credit card market, which has a 2010 potential market of more than 200 million consumers. Despite aggressive growth in the past few years, CMBâs credit card portfolio has one of the lowest charge-off and delinquency rates. These conditions create strong incentive for Chinese banks to manage risk and collections effectively at the individual level, tightening policies where appropriate but also loosening them where risk is low.
LCD display and projector provider NEC Display Solutions of America announces
the addition of a new size to its P Series, the 70-inch P701
LCD display for digital signage. Along with
providing full connectivity, including DisplayPort for maximum
flexibility and Ethernet connection for ease in remote monitoring, the
P701 touts more than 30 built-in features in its Enhanced Digital
Signage Technology Suite. Among these are TileMatrixâ¢, which enables
customers to create a video wall of up to 100 displays in a 10×10
matrix, an ambient light sensor, which automatically adjusts the display
according to the amount of surrounding light to guarantee consistent
brightness no matter the lighting conditions, and a built-in scheduler,
which enables the advanced scheduling of monitor powering up/down.
Additionally, the expansion slot allows seamless integration of NEC and
third-party components, increasing the types of environments in which
the P701 can be used.
This commercial-grade display, which
joins the 40-inch P401 and 46-inch P461, is designed for the rigors of
24/7 applications such as airports, public information, healthcare,
rental and staging, boardrooms and some specialty professional
applications where eye-catching digital signage is required.
Maybank has installed its 2000th ATM at a Caltex petrol station, the
67th since 1999 and a symbol of the bank’s large ATM network. Along
with this landmark ATM was installed a Maybank “Cash Deposit
Machine”, part of an effort to provide banking services to its customers
during off hours. Furthermore, the bank plans on installing an additional 40
ATMs before 2008 and is expanding on delivery channels to enhance
its banking service and customer convenience.
Through its electronic channels, Emirates Bank has introduced the
Salik toll card re-charging service in conjunction with Roads &
Transport Authority’s (RTA) launch of the new convenience. Customers
can use the Salik service through Banknet and meMOBILE and can
be recharged through Emirates Bank ATMs and CDMs.
Furthermore, the bank is helping with the promotion of the Salik toll
card through pamphlet dispersion at bank branches.
PT Bank International Indonesia (BII), with more than 700 ATMs, has
connected to ATM BERSAMA network of Artajasa, making it a network
of 11,900 ATMs from 68 different banks. This partnership is part of an
effort to improve BII customer service as well as to other banks’ customers. As a result, all BII debit cards can be used in the ATM Bersama network and cardholders can now get discounts at thousands of merchants throughout the country and given the ability to do online transfers. BII has 230 branches and 700 ATMs with a total customer deposit base of more than IDR 37 trillion. The Bank also has IDR 53 trillion in assets.
Atlanta-based Radiant Systems has inked an agreement with Strategic Restaurant Acquisitions to implement “Aloha QuickService POS” running on Radiant hardware in Strategic’s 240 Burger King locations. n addition to Aloha POS software, the Strategic solution includes Radiant P1220 POS terminals with C500 Graphical Customer Displays, Aloha Kitchen Display Systems, Aloha Credit Card Processing and Aloha Central Database Management (CDM). Rdiant Systems, Inc. (www.radiantsystems.com) is a leader in providing innovative technology to the hospitality and retail industries. Strategic Restaurant Acquisitions Corporation is currently the second largest Burger King franchisee.
Atlanta-based Equifax has closed an acquisition of Austin-Tetra, a privately-held company that is a provider of business-to-business data management solutions. Austin-Tetra leverages a proprietary database of more than 30 million global businesses, with information aggregated from more than 300 information sources. Leading companies spanning a number of industries rely on its data management solutions to enhance their decision-making processes, enabling them to drive increased value from customer and supplier relationships. Equifax Inc. is a global leader in information technology that enables and secures global commerce with consumers and businesses.