Karnataka Bank to outsource ATM management to FIS

by CXOtoday News Desk    May 03, 2013

atm

Karnataka Bank has announced its plans to aggressive expand the number of ATMs in India. For this initiative, it has tied up with FIS, a provider of ATM managed services. By outsourcing their ATM management to FIS, the bank will be able to focus on its core business expansion and customer service initiatives - allowing for more rapid growth while ensuring its customers have a high-quality, reliable ATM service and ensure greater operational efficiencies.

Karnataka Bank has 550 branches at present across the country. A senior official of the bank mentioned that Karnataka Bank has held a long-standing relationship with FIS. “By expanding our relationship to include the management of our ATMs and debit cards to FIS, we are ensuring our continued growth and viability in the market through the ability to provide excellent customer service,” he said.

Under the agreement, FIS will be responsible for site preparation and implementation of new ATMs, transaction switching, cash management and post-implementation services that include preventive maintenance, caretaker services, help desk and operational monitoring.

Raja Gopalakrishnan, Group Managing Director - Asia, FIS informed that the new deal follows FIS’ recent announcement to significantly expand its ATM outsourcing operation in India. Currently it operates two of India’s four interbank ATM switching networks and provides outsourcing services to some of the banks in India and will manage approximately 11,000 ATMs across India. The company believes that India is a strategic growth market for FIS and the company is making significant investments in both in-country infrastructure and employees to support the continued success of the business.

Your say
Sign in to post a comment, or Sign up for an account.
The worst part of it was that the software only worked intermittantly and the data wasn’t accurate. You obviously can’t confront anyone about what you have discovered if the information isn’t right.mobistealth login page ... 26 Aug 2014, Asadalikhatri
The corporation swallows that India is a critical tumor sell for FIS plus the corporation is making essential ventures in both in-region infrastructure also workers to cheer the continued fortune of the pursuit.professional essay ... 16 Aug 2014, Filky12
You might comment on the demonstration of the blog. You should say that it’s first-class. Your blog recap shall swell up your capital. Binary Options Platforms Reviews ... 14 Aug 2014, Filky12
That is definately one of the best blogs I’ve sen in ages online. Maintain up the excellent posts. vaginal rejuvenation ... 4 Aug 2014, Filky12
ATMs and debit cards to FIS, we are ensuring our continued growth and viability in the market through the ability to provide excellent customer service,” he said.auto insurance quotes ... 15 Jul 2014, Filky12
This is the kind of manual that needs to be given and not the random misinformation t hat’s at the other blogs. Appreciate your sharing this best posting.http://www.plumlivinghealth.org |
http://www.provitalhealth.org |
http://www.northernhealthplan.org |
http://www.oralhealthexam.org |
http://www.cwyzehealth.org |
http://www.cwyzehealthcare.org |
http://www.healthykskids.org |
http://www.biohealthchip.org |
http://www.meridianwomenhealth.org |
http://www.heroeshealthproject.org |
... 13 Jul 2014, Eavedrop44
This is really a fascinating blog, lots of stuff that I can Get into. One thing I just want to say is that your Blog is so perfect! OneTorontoPlumbing.com ... 9 Jul 2014, Filky12
Thanks a lot for sharing. Keep blogging.Great info i would like to see more post thanks heel pain running ... 5 Jul 2014, Filky12
A drill is a very good option if the cover crop seeding follows sweet corn or a silage or high-moisture grain harvest.buy soundcloud downloads ... 30 Jun 2014, Filky12
I always like to read. I read everything. I think it can make me know better about anything. Knowledge is important for all of us.Kitchen drawer organizers ... 26 Jun 2014, Filky12
Hi there, I found your website via Google whilst looking for a comparable matter, your web site came up, it seems to be good. I’ve bookmarked it in my google bookmarks.
hanse 505
... 20 Jun 2014, Ti1cshg
This is just what I need. Flabuless where have you been the last ten years of my life? I need you. Thanks! les derniers films en streaming ... 20 Jun 2014, Filky12
They’re two of the most heavily used features on the site and have proven to be a simple way to discuss posts and show appreciation for the content friends share on Facebook.buy Facebook likes cheap ... 27 May 2014, Asadalikhatri
We have the Best Kensington Escorts is a new and exciting platform for lovely people to meet each other for the purposes of companionship and relationship building. Unlike other agencies we only employs the most sophisticated female courtesans in London. We aim to provide a service that is second to none. We invite our clients to make suggestions so that we can improve our service to them. We welcome you to our new and pleasantly surprising new features and models. Our models are available for both home and hotel visits throughout London. why not try these out ... 25 May 2014, Asadalikhatri
High Class Escorts Agency London Is The Best Escort Agency To Find The Sexiest Escorts In London. These Escorts Are Available 24 Hours For Bookings To Your Hotel Or Home In Central London And Surrounds.discover here ... 24 May 2014, Asadalikhatri
We offer a wide range of different types of links including; Article Marketing, Social Bookmarks, Edu and Gov backlinks as well forum profiles and blog comments. sealy mattress review ... 22 May 2014, Albinamuro2
There may be times when you need to come up with money quickly in order to take care of an emergency at home or to pay for an unexpected repair for your car. You may even just need to come up with some cash so you can take a trip you’ve been looking forward to for weeks. click here to read ... 21 May 2014, Asadalikhatri
The Texas commercial real estate brokerage industry has changed a lot over the past 10-15 years especially in major cities like Houston, Dallas, Austin, and San Antonio. These are Commercial Realty Investments opinions and they will not be popular with competing brokerage companies!commercial real estate dallas ... 17 May 2014, Asadalikhatri
We offer a wide range of different types of links including; Article Marketing, Social Bookmarks, Edu and Gov backlinks as well forum profiles and blog comments. Now if you aren’t already educated about backlinks you might not understand why you need such a variety of backlinks pointing to your site. I thought about this ... 16 May 2014, Asadalikhatri
Your home is your most highly treasured possession. If something happens, you need urgent Orange County locksmith home services. Call us as soon as possible to request an emergency lockout or opening, get emergency lock changes, re-keying services, and master key systems. Homes in Orange County should have a high security lock system for added security. If a new roommate is moving in or one is moving out, call us to change locks Orange County. A locksmith Orange County will be there soon to install the best security systems you need. my explanation
... 15 May 2014, Asadalikhatri
Most ATMs are connected to interbank networks, enabling people to withdraw and deposit money from machines not belonging to the bank where they have their accounts or in the countries where their accounts are held.
SEO companies
... 30 Apr 2014, Wiki
It is an educational company that collects many disciplines related to economics, finance, business administration, etc. designed and realized by a large group of training professionals in each of the disciplines taught…sbobet ... 30 Mar 2014, Albinamuro2