SEB signs with Banqit for ATM units

SEB signs with Banqit for ATM units

Swedish banking group SEB has contracted with local financial technology vendor Banqit for the supply of ATM units through to 2004.

The initial order is for 34 of the vendor's Q-CashExterior 25 units to replace the bank's older machines in Stockholm and Gothenburg.

The units will use CEN6 safes and a Microsfot Windows/NT-based application developed by the bank. Banqit's application software Q-ConnectXFS will manage interfaces and devices.

Installation and maintenance support will be handled by Siemens Business Service, Sweden and deployment of the units will begin mid-2003.

SEB purchased 1000 licenses for Banquit's Q-Trans ATM software in December 2002 and is rolling the system out in the first half of this year.

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