IOB to in­tro­duce mo­bile ATMs

Banking Frontiers - - Project Pipeline -

In­dian Over­seas Bank is propos­ing to in­tro­duce a mo­bile ATM ser­vice. The bank pro­poses to con­nect cash dis­penser to its Narada Switch (or any other switch it may use in fu­ture) and pass­book kiosks (to be pro­vided by the bank) to the CBS. The se­lected ser­vice provider will have to take to­tal re­spon­si­bil­ity for sup­ply­ing and in­stalling of cash dis­pensers and mak­ing them op­er­a­tional with in­te­gra­tion to Narada switch. the pass­book kiosk will be in­te­grated with Fi­na­cle through a in­ter­me­di­ate server, which will be pro­vided by the bank. The bank wants to im­ple­ment the project on an opex model at a fixed monthly rate. It will also be the re­spon­si­bil­ity of the ser­vice provider to make avail­able ve­hi­cles with suit­able de­signs and se­cu­rity to ac­com­mo­date the cash dis­pensers and the pass­book kiosks.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.