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ATM OUTSOURCING COMPANY
CMS bags Rs 400 cr contract to manage 6,000 HDFC Bank ATMsCMS Info Systems has secured a significant Rs 400 crore order from HDFC Bank. The deal involves managing 6,000 ATMs for the next five years...- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%It is not every day that you see crude oil prices moving higher and the Asian markets, including India, also inching higher. Now, as an inv...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%If you are putting fresh money into the market, it might be a good idea to stay with companies that don't have much to do with global suppl...
- CMS wins Rs 1,000 crore SBI integrated cash solutions contract for 5,000 ATMsState Bank of India has awarded a significant Rs 1000 crore, 10-year contract to CMS Info Systems. This deal covers cash outsourcing for 5,...
- CMS Info Systems shares jump 3% as IPPB awards contract for 1,000 ATMsCMS Info Systems share price: CMS Info Systems has secured a key contract from India Post Payments Bank (IPPB) to replace 1,000 ATMs and ca...
- CMS Info Systems to set up 3,000 ATMs for SBI by March; to invest Rs 200 crore"CMS has received mandate from SBI for a deployment of 3,000 ATMs. As a part of the term sheet, CMS will select the site, deploy ATMs, prov...
- EPS to enter new business lines in digital bankingThe company has partnered with Morocco-based m2m and Dubai-headquartered Ascent Business Group to use their products for these segments, sa...
- RBI should lay down criteria for companies handling ATM cash: IBABanks must enforce minimum eligibility standards as part of their Request for Proposal (RFP) process, IBA said in a report submitted to RBI.
- Stricter norms for ATM cash handling companies likely: IBARobberies involving cash vans has made the Indian Banks Association come out with minimum eligibility criteria for cash replenishment agenc...
- India outsourcing under scanner after $45-mn global ATM heistThe modus operandi included hacking in computer systems of payment processing cos to compromise account details of prepaid card a/c custome...
- CX partners may invest Rs 150 crore in Transaction SolutionsCX Partners is negotiating an investment of around Rs 150 cr in Transaction Solutions International, an ATM outsourcing company.
- Private equity firm Actis to invest Rs 200 crore in AGS Transact TechnologiesPrivate equity firm Actis is investing over Rs 200 crore in AGS Transact Technologies, a firm that runs and manages ATMs for banks.
- FIS to deploy, manage 5,500 ATMs of state-owned banksUnder the multi-year agreement, FIS will provide end-to -end outsourcing services including supply, setup and ongoing ATM operation, the Ja...
- Actis to invest Rs 220 cr in ATM outsourcing firm AGS"Actis, the pan-emerging markets private equity firm, today announced an investment of Rs 220 crore in AGS Transact Technologies Ltd (AGS),...
- ATM companies top small banks in valuationAlthough access is free for customers, banks pay each other a transaction fee every time their depositors access ATMs of other banks.
- Hit by slow credit offtake and thin margins, banks will outsource 50% ATMs by 2015Banks, which hold the ATM licence, will be only responsible for the cash and its clearing and settlement.
- Banks use outsourcing route to scale up ATM networkBanks are increasingly using the outsourcing route to scale up their ATM networks without wearing out their resources.
- ICICI may spin off ATMs, sales pointsICICI Bank, is looking at setting up a new entity to house its ATMs and point-of sale terminals, which accept credit and debit card payment...
- Banks may pamper you with more ATMs in neighbourhoodYou may soon be able to withdraw money or carry out other transactions from an Automated Teller Machine.
- RBI to allow pure white-label ATMsYou will soon find more ATMs at your neighbourhood as banks & outsourced cos team up for a major push.
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