Tata Communications Banking InfraSolutions, specialising in payment solutions for the banking and financial services sector secured a contract to deploy and manage nearly 14,000 ATMs for all public sector banks across Tamil Nadu & Puducherry, West Bengal & Andaman & Nicobar and Andhra Pradesh. This brings its total managed ATMs under contract to almost 27,000 nationwide. For the bank, TCBIL will deploy and manage nearly 14,000 ATMs over a span of two years for all 21 public sector banks. Around 50% of the total rollout would be in semi urban and rural locations and the remaining 50% would be deployed in metro and urban markets.
Wincor Nixdorf has signed agreements to supply up to 10,000 kiosk
systems, based on Beetle Systems, to Reliance Money(R-Money)
through AGS Infotech. This is part of R-Money’s effort to give
customers access to its transaction portal permitting secure online
share trading. AGS provides IT solutions for retail and banking and
has already installed 2,500 of the kiosks.