Idrakas Dadašovas, CEO of BS/2 and Chairperson of the Board of The Penki Kontinentai Group In an environment of high switching costs and low customer loyalty, banking organizations have recognized that capitalizing on the customer’s needs and expectations are pivotal to success. As customers today are more inter-connected and demanding than ever, banks are under immense pressure to catch up with new technologies and stay ahead of the competition. Another major concern for the banking sector is safeguarding customer’s accounting data and their assets from cyberattacks. To address these intricacies, Penki Kontinentai, the Lithuania-based Group of companies offers integrated hardware and software solutions along with consultancy services to international banks, financial institutions, and retailers to enhance the customer experience, improve business processes, and strengthen security.
Having been in the trenches of banking for almost three decades, the team at Penki Kontinentai Group specializes in IT outsourcing, software development, banking equipment supplies as well as system integration and technical maintenance services. “We have offered nearly 35,000 ATMs, totaling 500 million euros, over the past 15 years. Our solutions and services are proven and tested, and has a great success rate which reflects on our remarkable growth rate,” says Idrakas Dadašovas, CEO of BS/2 and chairperson of the board of Penki Kontinentai Group.
Founded in 1992, Penki Kontinentai is the parent company of BS/2 and ASHBURN International. BS/2 has a proven track record of offering complete banking solutions for more than twenty years, ranging from banking equipment supply and maintenance to software solutions for business optimization, monitoring, analytics and security—all from a single source.
Our business success stems from our desire to offer customers path-breaking solutions that would help them scale globally
As a trusted partner of Diebold Nixdorf, one of the largest financial self-service, security and services corporation, BS/2 is dedicated to promoting their modern equipment such as ATMs, automated teller safes, information kiosks and more. The “.iQ” product line is a unique platform and multifunctional specialized software, developed by BS/2. It is architected to collect, monitor and store the most critical information of banks and retail companies. Right across the value chain, the company also offers integrated hardware and software solutions like ATMeye.iQ, which provides safety and security for self-service devices and secures some 70 thousand self-service devices in 80 countries around the world. ATMeye.iQ monitors malicious activities and suspicious actions in real-time, keeping banking and security personnel posted about emerging problems promptly while complying with the requirements of PCI PA-DSS. “BS/2 has a strong foothold in the banking technologies arena in several countries and states such as Baltic States, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, and Uzbekistan,” says Dadašovas.
Another subsidiary company of Penki Kontinentai is ASHBURN International, which specializes in the development, implementation and maintenance of POS-terminal networks and loyalty program solutions. The company’s unique software solution TransLink.iQ allows businesses to monitor POS-terminal networks operation of around 300,000 POS-terminal fleet, software updates, and transfers transaction data to data-centers.
Having eight regional subsidiaries located all over the world, Penki Kontinentai has a long list of esteemed partners including the world's largest suppliers of banking, hardware and network equipment, such as Microsoft, Cisco Systems, Diebold Nixdorf, Gemalto, Ingenico and more.
Governed by a mission to enhance the customer experience, Penki Kontinentai intends to continue delivering innovative banking solutions that surpass client expectations. As an official distributor in 14 countries, today, the Group has more than 1500 customers and business partners from all over the world. “Our business success stems from our desire to offer customers path-breaking solutions that would help them scale globally,” concludes Dadašovas.
