AGS Transact Newsletter - Feb/March 2015

AGS Updates

Focus: Achieving the Milestone

of 10,000 ATMs

Event Gallery: IBEX 2015

Editor: Suja Mathew-Kulkarni Assistant Editor: Sandeep Kannan

Editorial team: Amit Tandon and Shreyas Rege

Design team: Rohini Shenoy, Dhiraj Khilari and Nishant Bhoite

Your feedback is important to us. Kindly email us your opinion on our newsletter:

[email protected]

47

16

Cover Story - Mobile Payments – The Cashless Future

10

CONTENTS

10,000 ATMs

agsindia.com

4 AGS News Feb-March 2015

BPCL grants PoS solution tender to AGS

AGS won the BPCL tender for

implementing and deploying Wincor

Nixdorf’s point-of-sale (PoS) hardware

and software systems at BPCL’s In & Out

Stores across India. The PoS solution

will allow In & Out stores to improve

its customer service through faster

checkout times and CRM (Customer

Relationship Management) capabilities

at the point-of-sale.

Laxmi Vilas Bank places order for Cash Dispensers

Chennai based Laxmi Vilas Bank has

placed repeat order for Cash Dispenser,

ProCash 280 ATM for deployment in

onsite and offsite locations across India.

AGS wins Digital Signage solution tender from Bank of Baroda

As part of the tender, AGS will install

Digital Signage at Bank of Baroda bank

branches across India. This solution

offers the flexibility of scheduling and

uploading content from a central

location and will enhance the customers

experience at the bank branches.

Three co-operative banks now AGS customer

Three co-operative banks from different

regions have placed order for Cash

Dispenser - Wincor Nixdorf PC 280.

These co-operative banks are new

customers:

• Karnataka based Manvi Pattana

Souharda Sahakari Bank

• Maharashtra based Ahmednagar

Merchant’s Co Operative Bank

• Guwahati based Assam Co- operative

Apex Bank

These cash dispensers will be deployed

at onsite locations of the bank.

AGS wins UCO Bank tender for AGS Primus Thin Client

As part of the tender, AGS will supply,

installation & maintain AGS Primus

Thin Clients at UCO Bank branches

across India. AGS Thin Client improves

organisations IT infrastructure

by reducing the IT costs without

compromising on efficiency and quality

of their systems.

AGS bags 2 tenders from State Bank of India

The tenders were won for supply,

installation and deployment of

ProCash 280 and site implementation

AGS UpdAteS

AGS UPDATES

AGS develops ATM voice guidance system and regional receipt printing feature for Indian Bank

AGS has developed ATM voice guidance

system in 9 Indian languages and

regional receipt printing feature for

Indian Bank.

• The ATM voice guidance system

provides audio instructions

corresponding to visual instructions

presented on an ATM display screen.

Known as ‘Talking ATMs’, it will facilitate

hassle free operations for visually

impaired individuals.

• The ATMs will also generate receipts

based on the language in which the

transaction is being made. AGS has the

capabilities to develop similar modules

for other banks.

AGS wins 2 Co-operative Bank tenders

The tender was won for Cash Dispenser:

Wincor Nixdorf ProCash 280 from

Srinagar based J&K State Co-operative

Bank and Himachal Pradesh based

Jogindra Central Cooperative Bank.

The ATMs will be deployed at onsite

locations of the bank.

ProCash 280 has a small footprint with

intelligent safety features, a flexible

architecture and user-friendly interface.

agsindia.com

Feb-March 2015 AGS News 5

technology solutions of Teraoka/DIGI to

retail customers.

AGS bags order from Capital Local Area Bank

Punjab based Capital Local Area Bank

have placed orders for cash dispenser:

ProCash 280. This is a repeat order to be

deployed at onsite locations.

Odisha Gramya Bank is now AGS customer

Odisha Gramya Bank, a regional rural

bank (RRB) has placed orders for Cash

Dispenser (CD): ProCash 280 alongwith

Site Impementation Services. The CDs

will be deployed at onsite locations in

Orissa region. A new customer for AGS,

the bank was established in January

2013 with Indian Overseas bank being

the sponsor bank.

Darjeeling DCCB grants tender to AGS for Cash Sorter

AGS wins Darjeeling District Central

Co-operative Bank tender for supply

and installation of cash sorter:Genuine

CashSort 2. A multi-function banknote

sorter; for Banks, Financial Institutions

and Retail entities; Genuine CashSort 2

includes: Two output pockets with a

capacity feeder of upto 500 banknotes.

The machine will be deployed at the

Bank’s head office based in Darjeeling.

These are repeat orders by the co-

operative banks and the machines will

be deployed at their onsite locations.

Jammu & Kashmir Bank tender won for BNA

The tender was won for Bunch Note

Acceptor (BNA) - Wincor Nixdorf C4040.

AGS will deploy BNA at Jammu and

Kashmir bank branches in J&K region. A

smart solution for banks, Wincor Nixdorf

C4040 serves the purpose of ATMs and

allows real-time cash deposit.

AGS in alliance with Teraoka / DIGI for Weight Labelling Equipments

AGS in alliance with Teraoka/DIGI, a

subsidiary of Japanase based Teraoka

Seiko Co. Ltd., world’s leading company

in scales, wrapping systems and PoS, as

one of its distributor in India.

TERAOKA/DIGI has brought to the

market many industry-first products

creating a new standard. It offers PoS

system, Retail scales, Label printers

for retail chains of all formats. The

company has sales and service network

at over 100 countries around the world.

With this tie-up, AGS will offer new

services across India. Under site

implementation services, AGS will

manage the deployment including site

preparation for SBI. Another tender, was

won for Managed Services which includes

cash replenishment and other services

for present and future ATMs of SBI and its

Associate Bank for a period of three years.

Banas Bank is now AGS customerAGS acquired a new customer: Gujarat

based Banas Bank (also known as

Banaskantha DCCB). The bank has

placed order for Cash Dispenser,

ProCash 280 for deployment at

onsite locations.

Four Co-operative banks place order for Cash Dispensers

Four Co-operative banks have placed

orders for Cash Dispenser, ProCash 280.

The banks include:

• Karnataka based Manvi Pattana

Souharda Sahakari Bank

• Maharashtra based Cosmos

Co-operative Bank and Janata

Sahakari Bank

• Haryana based Panipat Urban Co-

operative Bank

AGS UPDATES

agsindia.com


Wincor Nixdorf and Innovative Technology announce partnership to provide entry solutions for automated cash handling at the Point-of-Sale

Wincor Nixdorf and Innovative

Technology announced a joint

partnership across Europe to develop a

number of entry cash handling solutions

for the Retail Sector. With a relationship

dating back to 2013 the companies have

signed a partnership agreement that

will see them develop retail point of sale

payment solutions.

Sales Director from Innovative

Technology, Tony Morrison said, “Wincor

Nixdorf has an established, successful

relationship with the Retail Industry,

and a trusted global service and support

network. By working in partnership we

can offer unique, high quality point of

sale solutions with a great customer

value proposition. We are proud to

announce this partnership and look

forward to providing new, innovative

cash handling solutions to the European

Retail Sector.”

“We see a high demand among retailers

for efficient cash automation solutions

at the Point-of-Sale,” said Reinhard

Meier, Global Head of Product line POS

at Wincor Nixdorf. The partnership

with Innovative Technology enables

Wincor Nixdorf to provide note and coin

recycling solutions at an excellent price

performance ratio – a solution that is

particularly relevant for retailers with low

to medium cash volumes at the point-of-

sale that wish to introduce cash recycling,

like convenience, fashion and small sized

grocery stores.

Certification Brings World-Class Technology to IAD Marketplace in USA

Wincor Nixdorf Partners with

Columbus Data Services

Wincor Nixdorf announced Columbus

Data Services (CDS), recently completed

its certification of Wincor Nixdorf’s cash

dispenser technology, the ProCash 280.

CDS provides ATM services for more than

80,000 terminals nationwide and is one

of the nation’s largest ATM processors.

“Wincor Nixdorf’s partnership with

CDS demonstrates our commitment to

bringing world-class German-engineered

technology to the United States,” said

Javier López-Bartolomé, Senior Vice

President, Region Americas, and Wincor

Nixdorf USA President and CEO.

Today, any IAD that is connected to the

CDS platform will be eligible to install the

ProCash 280 device to drive transactions

to their locations. The ProCash 280

features a user-friendly interface with

a 15-inch touchscreen, ensuring both

an intuitive customer experience and

operational efficiency. The system’s

performance and resilience are proven to

reduce lines and speed up transactions,

which provides a faster return on

investment. The device is equipped

with a comprehensive security suite

that features an anti-manipulation card

slot, anti-skimming module, biometric

solutions and high-resolution cameras

to enhance consumer safety and system

integrity.

“Wincor Nixdorf’s focus on serviceability

and usability makes the ProCash 280

the right choice in the IAD marketplace,”

said John Willmon, SVP Business

Development at Columbus Data Services.

“Wincor Nixdorf is proud to provide

value to the U.S. market through this

prestigious certification,” said López-

Bartolomé.

(Source : wincor-nixdorf.com)

Wincor neWSWINCOR NEWS

agsindia.com


Within over 2.5 years of its inception, Securevalue

India Ltd. (SVIL), a Cash Management Services

company and wholly owned subsidiary of

AGS Transact Technologies has achieved the

landmark of cash servicing of more than 10,000

ATMs across 440 cities in India. The company is

focussed on transit and management of cash

and valuables belonging to Banks, Financial

Institutions and Retailers and also provides

vaulting services across 15 locations in India.

SVIL under its ATM cash management services

does First Line Maintenance (FLM) and Basic

Second Line Maintenance (SLM) for its customers’

ATMs, both of which when integrated together

are offered as Complete Line Maintenance (CLM)

services. CLM increases the probability of having

relatively higher ATM uptimes due to the fact

that a single entity is addressing and resolving

common ATM downtime issues.

SecUrevAlUe AchieveS cASh ServicinG record of 10,000+ ATMs

FOCUS | SECUREVALUE

“We are very

excited about our

achievement and

our focus will be on

improved level of

service quality, with

increased network

uptime. We will

continue to strive

to become the

preferred partner in

cash management

services, offering

innovative and

tailor-made

business solutions

to our customers.”

Mr. Ravi Goyal,

Chairman and

Managing Director,

AGS Transact

Technologies Ltd.

“We are extremely

happy to have

reached this

milestone

figure. We aim

to spread across

more locations

providing safe and

efficient services

to our customers.

Securevalue aims to

provide a superior

total service that

meets customers’

requirements

of having cash

accessible anytime,

anywhere.”

Mr. Vijay Iyer,

Director, Securevalue

India Ltd.

Securevalue’s complete line maintenance

services benefits ATM deployers such as Banks,

Managed Service Providers and WLA Operators

(Non-bank entities that intend setting up,

owning and operating ATMs). The company also

provides Cash-in-Transit, ATM services, Cash

Pickup Services, Cash Processing and Cash Vault

Services. Currently, SVIL has 421 cash vans, 15

vaults and 75 spoke locations, covering 440 cities

and towns in India.

agsindia.com


INTERVIEW | MR. VIJAY IYER

MAxiMize AtM UptiMe With SecUrevAlUe

In 2012, Securevalue India Ltd., was incorporated as a Cash Management

Services company and wholly owned subsidiary of AGS Transact

Technologies. In just 2.5 years, Securevalue has crossed servicing more

than 10,000+ ATMs. In an exclusive interview, Mr. Vijay Iyer discusses the

company’s focus and growth strategy with Sandeep Kannan:

Securevalue has achieved the landmark of cash servicing of more than 10,000 ATMs. How do you plan to increase this number?In the coming year FY16, we have plans to increase

our geographical presence in the states of Gujarat,

HP and UP. In addition, we have signed contracts

with various MSP/IAD/WLA operators and will start

servicing their ATMs soon.

Has Securevalue set any target for FY: 2015-16? Is this achievable, considering your presence across 15 locations in India?We are in the process of setting up the target. We

will increase our geographical footprint of vault

from the current 15 to 50.

What have been the recent trends in the cash management sector which have been noticed in the Indian Banking Sector?Cash Management services company have

recently formed a Cash Logistic Association (CLA)

primarily to ensure they engage with the concerned

regulators, industry bodies and other stake holders

to ensure formulation and implementation of the

guidelines.

What is your edge or your value addition vis-à-vis other cash management agencies?We have a world class vaulting and secured

processing area. Our SOPs are audited and

approved by the renowned bankers and security

Our operations ensure maximum ATMs are up with Cash CLM, combining FLM + Basic SLM enabling maximum ATM uptime.

“”

agsindia.com


INTERVIEW | MR. VIJAY IYER

experts. We start operations before dawn,

which benefits the bank to load their ATMs in

the shortest possible time without causing any

inconvenience to the customers. And, we ensure

our maximum machines are up with Cash CLM,

combining FLM + Basic SLM so that the uptime

of the ATM is maximized.

Lastly, our SVIL audit team comprising of

Managers and supervisors ensure that all the

ATMs/Retail customer points are audited once

in a month and ensure that the process is

adhered every time. Apart from the internal

team, external company audits the process/

operations from time to time.

Who are your customers?Our customers include Banks, Retailers,

Managed Service Providers, Individual ATM

deployers, White Label ATM companies.

What is your view of the recent home ministry diktat that cash van security companies should have 51% Indian shareholding?We welcome the view of the ministry. We at

SVIL have more than 51% Indian shareholding.

However, this will be a stumbling block for the

Multinational companies who plan to enter

India and work as a majority stakeholder.

What are the new areas where you see

developments in Cash Management in the Indian scenario?In India, currency processing is predominantly

done by Bank and we see a huge potential in

this area. Banks are thinking of outsourcing the

activity and we feel there will be a huge scope for

CIT companies in supporting Banks to effectively

render the services and ensure sufficient

processed cash is available within the system.

Introduction of Intelligent Cash Deposit (ICD)

for Retailers – with the introduction of these

machines the CIT companies can collect cash any

time during the day and bring the sealed bags to

the vault for processing. This will also ensure the

customers get a real time credit in their account.

The machine also has the capability to detect

counterfeit currency.

What according to you are the critical concern areas that need to be addressed in this area?Banks/MSPs/WLA operators need to ensure all

the ATMs are fitted with One Time combination

(OTC) lock and get rid of the manual / electronic

lock. The traditional method of doing cash

replenishment through an ADD cash method to

be changed to Cassette swap method. Banks/

MSPs/ WLA operators need to ensure that the

reconciliation of transaction need to done within

3/4 days and ensure there are no transactions

pending for reconciliation. Currently, this is a

burning issue with all the CIT companies.

The SVIL mission:

To be the preffered

partner in Cash

Management

Services and

Secure Logistics

by providing

Reliable, Safe

and Customized

solutions that are

delivered on time,

every time.

The SVIL assurance:

We offer Complete

Line Maintenance

that supports our

clients with the

highest levels of

efficiency.

agsindia.com


Mobile PAyMenTs – the cAShleSS fUtUre

COVER STORY | MOBILE PAYMENTS – THE CASHLESS FUTURE

During the last decade or so, India has made steady progress in the field of electronic

payments. The innovations in this area have leveraged major technological

developments of each era. With the usage of smartphones and gadgets continuously

rising, there is tremendous growth potential for retail electronic payments being

made on mobile phones.

According to research firm IDC, India is the fastest growing smartphone market in

the Asia Pacific region with about 72.5 million units sold in the third quarter of 2014,

representing a 15% quarter-on-quarter growth. India’s online payments industry has

witnessed a compound annual growth rate of 50% between 2007-2014.

Mobile devices have become the favourite among consumers for more than just

communication. An increasing number of people now use smartphones to shop

both online and offline, as well as find various sources of entertainment and connect

with friends and family throughout the world. Mobile payments have become quite

popular due to the adoption of mobile technology.

Payments are driven by customer demands of convenience, ease of use, access, and

with the future of payment transactions being cashless, or probably cardless, mobile

payments will probably witness explosive growth.

Mobile payments are gaining popularity with more and more consumers using this

platform to buy tickets, pay bills, shop online, and transfer funds. The opportunity to

expand reach, grow revenues and gain operating efficiencies have also persuaded

several banks to encourage their customers in doing their transactions through

mobile devices.

agsindia.com


ROLE OF NPCI ON CASHLESS PAYMENTSEstablished in 2008, the National Payments Corporation of India (NPCI) has

produced a unified payment interface API, which can be used by banks,

merchants, and other institutional entities to support mobile transactions. The

API is designed to make it easier for businesses to connect with consumers that

have become reliant on mobile devices.

NPCI is introducing a new payment system which is meant to provide a

unified infrastructure for organizations interested in mobile payments. Using

this system, businesses will be able to receive money from a mobile device

using a single identifier such as a phone number or virtual payment address.

The success of the new payment system could bring more attention to the

mobile payments space.

The new system is expected to make mobile payments in India more

convenient than they already are and NPCI is preparing to launch the new

system in the middle of 2015. Its success could add further momentum to

the growth of India’s mobile payments sector, which has been receiving

strong support from retailers throughout the country.

TRENDS IN 2015-16The future of digital banking is being shaped by the increase in use of

Mobile wallets. In FY: 2015-16, Mobile Wallets are projected to become

more common for a variety of consumer services. Mobile applications that

support transactions are likely to become more common and consumers

are expected to rely more on the payment applications when they are

shopping. In the coming years, online and offline retailers are also expected

to place additional focus on mobile and digital spaces in the hope of

connecting with more consumers.


“With growing number in usage of smartphones, mobile payments will lead the future of payments in India. It can transform the lives of people with latest digital payment advancements whether it is for utility bills, fund transfers or retail payments”Mr. Stanley Johnson, President – Transaction Business

“As far as Mobile Payments are concerned, I believe Near Field Communication (NFC) will open the floodgates for profound changes in the way we use our mobile devices.

It will dominate the way consumers secure coupons and deliver payments and our phones will become our wallets. If retailers are not using mobile marketing to attract

new customers till now, this is the right time to invest”.Mr. Surya Singh, Head – Retail Business

agsindia.com


PLAYERS IN MOBILE PAYMENTSOver the last few years, new companies and systems have emerged on

the payments landscape, each has brought in newer technologies and

improvements on the payments experience, including easier access to

payments networks that include payment gateways and online wallet

services.

The latest to enter the space is India Transact Services Limited (ITSL), a

wholly owned subsidiary of AGS Transact Technologies Limited, providing

payment solutions for diverse applications. The solution provided by ITSL

caters to the requirements of both consumers and retailers. As a policy,

ITSL is aiming to help create a ‘less cash’ society by providing solutions for

electronification of transactions.

To be able to do so on a mass scale, each stakeholder must see value and

ease of use for them in the solution provided, to be able to embrace it.

This is something ITSL is focused on and the wide range of services and

solutions that they offer in the electronic transaction space testifies their

goal. mWallet and mPOS solutions offers include options for the young

generation who are adept at using a smartphone as well as for traditional

users who are not so comfortable using the latest electronic gadgets.

Source:

◆ Unified Payment Interface document (1st Draft, NPCI)

◆ IDC.com

◆ Mobile Commerce PressIDC.com


“We are committed to supporting in every possible way to make India a less cash society and we are focused on providing various solutions, which can accelerate this process. We feel the initiative from NPCI will help standardize payments and bring various stakeholders on the same platform. We will continue to provide solutions, which are simple to use and provide best-in-class security for both the card holder & the merchants and are not dependent on any proprietary system.”Mr. Alok Singh, Business Head – Electronic Payment Solutions, India Transact Services Ltd.

agsindia.com


Mr. Amit Majumdar is a senior and

well known business leader with

over 17 years of experience across

various leading multinational and

Indian organizations.

As part of his new portfolio, Amit

will be responsible for providing

functional and strategic direction to the

finance, accounting, analytics, legal,

compliance and information technology

functions of the company. He will

also be responsible for the creation

and execution of business strategies

that helps achieve the organization’s

business and financial goals.

In his last role, he was the Executive

Director and Chief Strategy Officer

of Angel Broking. In this role, he

was responsible for leading Angel

Broking towards its multiple goals,

which included entity, business and

people, process, communications and

stakeholder management. Prior to

Angel Broking, he has worked in firms

such as Ernst & Young, Chohung Bank (a

Korean bank), Rabo India Finance and

Ambit Corporate Finance to name a few.

Commenting on his appointment,

Mr. Ravi B Goyal, Chairman and

Managing Director, AGS Transact

Mr. AMiT MAjuMdAr joins AGs as Chief finanCial OffiCer (CfO)

Technologies Ltd, said, “Amit’s

vast experience, in-depth market

understanding and his ability to manage

scale makes him an asset to AGS Transact

Technologies. As our business continues to

grow both in India and globally, it’s critical

for our progress to be guided by sound

financial principals and insight and help

us stay nimble-footed to take advantage

of business opportunites. We are confident

that Amit will provide these benefits.”

On his appointment at AGS Transact

Technologies Ltd, Mr. Amit Majumdar

said, “AGS is at the cusp of an interesting

growth story in the payments technology

space. Given the country’s focus on

technology as the backbone for financial

inclusion in future, I firmly believe that

AGS, by virtue of its dominant market

share, is well poised to take advantage of

this growth story. The company’s vision

to provide an end-to-end solution to its

customers in the payments ecosystem,

will always enable it to constantly grow its

market share and also achieve significant

operational synergies. I am very excited to

be a part of this growth story.”

Amit has a Bachelor’s Degree in

Commerce from Mumbai University and

is a Chartered Accountant from Institute

of Chartered Accountants of India.

ON BOARD

agsindia.com


enGAGe And CoMMuniCATe your brAnd Digital signage is a network of strategically

located digital displays showing a continuous

stream of media content comprising of high-

quality graphics, video, live news and message

broadcast.

The displays are controlled by a signage

manager and the content is changed from a

central location. With this solution an enterprise

can enhance customer communication with a

relevant and effective platform.

With Digital Signage, a business enterprise can:

◆ Communicate what they want to, how they

want to and when they want to

◆ Display advertising to the right target medium

◆ Provide trainings, schemes and

promotional offers

◆ Remove communication clutter and reach

direct to the decision maker at a lowest cost

Digital signage offers a new paradigm shift in

advertising and communications. It can benefit

many business enterprises, whether it’s a Financial

Institution, Retail outlet, or fuel station with

following benefits:

Customized content based on Demographics: The content can be changed from central

server based on the geographical location and

language, with targeted messaging.

Dynamic Visual Messages: The content in Digital

Signage can be changed based on the Time of

Day and the Audience pattern behavior.

Quality Audio / Video Screens attracts eyeballs: A good quality audio / video attracts

more eyeballs increasing and attracting the

customers’ awareness to view the content.

Cuts Print Media / Distribution Costs: Huge

costs involved in promoting advertising

communication through print or distribution is

reduced with MyOwn Channel Digital Signage

solution giving a paper free environment by

targeting the right audience.

Reduces Time to Market: Outpace competition

with new product introductions by immediately

transmitting the product / brand in multicast

fashion across different sites.

Content Updation from Central Location: Update all essential and targeted content from

a remote location and share it based on time

and audience.

Benefits of Digital Signage: People Focused - Getting the attention of an

audience is the most important part of any

display. The content dynamically changes to

deliver a focused message to the audience at

each point of playback (location).

PRODUCT PROFILE | Digital Signage

agsindia.com


Digital Signage solutions are available in wide

range of variants, some of them include:

1. Cloud Hosting Hosted on the cloud is a completely web based

solution that can be accessed from anywhere

anytime. No software installation, no server

hardware is required. It is a simple way to get

started with Digital Signage. This online service

works in SaaS model (Software as a Service) and

allows an enterprise to access Digital Signage’s

software for a monthly subscription fee.

2. For EnterpriseLicensed and white labeled for large enterprises,

the digital signage is deployed in client owned

servers and is managed by their internal team.

3. Basic version for SMELicensed for SME segment, the basic version is

designed for pay per module basis. Primarily these

are standalone players or a few players in a LAN in

a single premise. So as per need basis the modules

can be added and the signage network can be

expanded either for enterprise or for cloud hosting.

AGS also offers Digital Signage solutions to

many companies.

PRODUCT PROFILE | Digital Signage

Cost-Effective - Eliminating the need to print

and distribute static signs each time a message

or campaign changes saves on costly printing

and distribution fees. Operation can be done

in-house or outsourced. No heavy logistics is

required.

Centralized – A web based console to control

hundreds or thousands of displays around

the world from one central location, ensuring

quality and consistency, while requiring minimal

resources to operate an enterprise a digital

signage network.

Digital Signage solution allows you to create

and distribute compelling multimedia content

which are:

• Simple

• Secure

• Webbased

• CloudHosted

• Interactive

• ThirdPartyIntegrationpossibilities

agsindia.com


EVENT GALLERY | IBEX INDIA 2015

iBex indiA 2015The4theditionofIndia’sonlyTradeExhibition&ConferenceforBankingTechnology,Equipment&Services was held between January 15th - 17th, 2015 at MMRDA grounds, Bandra Kurla Complex, Mumbai.

AGS exhibited technology product solutions for the Banking sector at the

4th edition of IBEX India 2015.

Some of the products and solutions AGS showcased at IBEX India 2015 event:

◆ Currency Technology Solutions

◆ Bunch Note Acceptor

◆ GPS Vehicle Tracking Solution

◆ Through-the-wall ATM : Wincor Nixdorf ProCash 285

◆ Cash Van: The cash van of Securevalue India Ltd.

◆ Mobile Micro ATM and streamlining the KYC process for Bank customers

◆ GPS based Vehicle Tracking Solution

◆ Digital Signage

Demonstration of Bunch Note Acceptor,

C 4040 being given to a customer

The AGS team with Chairman and Managing

Director, Mr. Ravi B. Goyal

agsindia.com


EVENT GALLERY | IBEX India 2015

“Thisyear’sIBEXevent

was well attended by

senior professionals from

the Banking fraternity.

Like each year, the

products we showcased

had positive feedback and we are committed

to widen the scope of our unique offering of

BunchNoteAcceptors,CurrencyTechnology

SolutionsandThrough-the-wallATMstoboost

operational efficiencies of the bank.”

— Mr. Rajnarayan, Sr. V.P. - Banking Sales

“IBEX2015wasagood

platform to showcase

our wide range of

products and solutions

to the Banking industry.

Throughthisevent,we’ve

showcased not only what’s next for the banking

industry but set a new standard for our various

technology offerings.”

— Mr. Ganapathi S, Sr. V.P. - Banking Sales

A customer gaining hands-on experince of

through-the-wall ATM, ProCash 285

The AGS Stall at IBEX 2015

agsindia.com


EVENT GALLERY | IBEX INDIA 2015

Mr. Sushant Patil demonstrating features

of Laurel K8 the high-end note sorting and

counterfiet note detection system

Guests using Touchpoint 200:

Multi-Services Kiosk at the event

Mr. Mehernosh

Parekh showcasing

Securevalue cash van

security features

“AtIBEX,we

demonstrated our

Banknote Sorters

with features such as

live monitoring and

banknote serial no.

capture.Thissolutionwillassistandprovide

avalueaddtoallBanksandCITcompanies”.

—Mr.KantiBhanushali,Head–

CurrencyTechnology

“Thisyeartoowewere

very proud to showcase

our Securevalue Cash

VanatIBEXIndia2015

event.Throughthisevent,

we got an opportunity to

meetbankersfromleadingIndianbanksacross

private and public sector and were pleased to

showcase our cash management solutions”.

—Mr.VijayIyer,Director-SecurevalueIndiaLtd.

AGS Transact Newsletter - Feb/March 2015

Documents

Transcript of AGS Transact Newsletter - Feb/March 2015