News

FTL ties up with Greater Bombay Cooperative Bankfor the bank’s first E-Lobby. This E-Lobby shall include the Forbes next generation Microbanker ATM with cash acceptance, Cheque deposit Kiosk, Passbook printing kiosk, Statement printing kiosk and Internet banking kiosk

FTL further rolls out NCR ATMs for Gopinath Patil ParsikJanta Sahakari Bank at Mumbai and Maharashtra

FTL further rolls out NCR ATMs for Abhyudaya Cooperative Bank Limited at their branches in Mumbai

FTL ties up withShriram Transport Financefor installing Information Kiosks at their branches for their Indiamart venture

FTL bagged the contract from Syndicate Bank to roll out Xpressbanker–Image based cheque deposit kiosks across its branches in India. These kiosks offer an image of the cheque deposit on the receipt and are CTS compliant.

PATIALA: Punjab State Power Corporation Limited (PSPCL) will install 30 more Bill Payment Machines in various cites of Punjab to provide best of services to its consumers.

K.D.Chaudhri, Chairman cum Managing Director, PSPCL said here Thursday that corporation has already 35 Bill Payment Machines installed in different cities/towns and new machines will be installed in Patiala, Nabha, Rajpura, Sangrur, Dhuri, Malerkotla, Barnala, Nangal, Zirakpur, Ludhiana, Jagraon, Ahmedgarh, Jalandhar, Hoshiarpur, Nakodar, ShahidBhagat Singh Nagar, Banga, Amritsar, Gurdaspur, Batala, Dinanagar, Tarntaran, Faridkot, Moga, Ferozepur, Abohar & Fazilka.

Giving success details of earlier installed bill payment machines, he disclosed that in the month of June 2010 alone, more than 1.1 Lacs consumers remitted their bills worth Rs. 51 Crores through these machines.

He further informed that consumers can remit their Domestic, Industrial, Agricultural or Commercial electricity bills upto 100KW load on these machines. Presently amount upto Rs.5000/- can be remitted in cash and above that through Cheque or Draft.

CMD appealed to consumers to make use of the latest technological advances being introduced by corporation for electricity bill payment and save themselves from standing in long queues.
Making easy bill payment is one such section in which the corporation is introducing latest technological advances to keep consumers free from standing in long queues or even step out of their homes to pay their electricity bills.

He said that apart from paying electricity bills in collection centres customers can now pay their bills on Bill Payment machines, through on Spot billing system or while sitting at homes they can pay online also.

FTL closed a deal with Central Railway to deploy Bill Kiosk Boxes at 25 Central Railway stations like CST, Dadar, Ghatkopar, Thane etc. to accept multi–utility payments like Tata AIG, BEST,ICICI Prudential, Card payments etc.

FTL commenced NNOCC (National Network Operations & Control Centre) operations on 15th August 2010.The NNOCC is a key initiative for FTL to improve the quality of customer services and support. Through this set–up, FTL moves up the value chain to provide a higher (premium) level of service that will include not only hardware support & software support but customer care and managed services. The NNOCC shall act as the nerve centre for FTL’s large network of kiosks across the country for banks, telecom, power and insurance companies.

FTL ties up withGopinath Patil ParsikJanta Sahakari Bank for installing NCR ATMs at its branches at Mumbai

FTL and Café Coffee Day (CCD) have signed an agreement to work together to deploy Self-Service Terminals at CCD outlets across the country. Under this arrangement, FTL will serve as the Technology & Services provider, whereas CCD will provide location & facilitation.

As part of the rollout, CCD and FTL will partner with several other entities for providing consumers with convenient access to bill payment, mobile recharge, ticketing, cash dispensing, cash deposit and other value-added services. All the devices that will be deployed (self-service terminals and multi-function ATMs), have been designed and developed in-house by FTL.

FTL participated in 6th e-INDIA 2010, India’s largest ICT event held on 4th to 6th August,2010 at HLCC, Hyderabad. The key dignitaries who attended included Mr. R. Chandrashekhar Secretary- IT , Government of India, Mr. S.R. Rao Additional Secretary- IT, Government of India, Dr. Rathan Kelkar IAS Kerala State Information Technology Mission, Mrs. Jayshree Raghuraman IAS, Secretary Cum Commissioner Govt of NCT of Delhi and Dr. Kshatrapati Shivaji IAS CEO Maharashtra Industrial Development Corporation.

Tata Power further rolls out FTL Super Mini wall mounted kiosks for bill payment through cheques. These kiosks would be deployed at large residential complexes and other customer premises for bill payment collections.

JUSCO, Jamshedpur rolls out FTL Bill Payment Kiosks for collection of bill payments by cheque

FTL started Facility Management Service to Vijaya Bank, Service branch for CTS project at Delhi. This service includes complete handling of the CTS operations, maintenance of CTS Infrastructure and facility management including management of the Clearing House Interface

The first SBI Multifunction kiosk was inaugurated by the CGM (IT) Mr. R.K. Saraf on 1st July 2010 at Anna Nagar Branch, Chennai.

In Jan 2010, FTL bagged the contract from State Bank of India to deploy 490 Multi Function Kiosks across the country. The kiosks offer various card based functionalities like pin change, balance enquiry, cheque book request, funds transfer, e-ticketing, internet banking, bill payments, passbook updation etc.

FTL and IBM have signed an MoU to partner in Financial Inclusion and thereby offer an end-to-end technology-based platform for providing the entire spectrum of Financial Inclusion services. The platform services are targeted for the Financial Inclusion programs of various entities such as Banks, MFIs, Insurance companies etc.

FTL has extensive experience in the area of self-service automation and has the expertise to design, manufacture & deploy a wide array of front-end devices relevant to Financial Inclusion. IBM has the capability to provide a robust technology platform, including the middleware, servers, data centre and storage. The competencies of FTL and IBM are complementary and when taken in unison will provide for a robust, cutting-edge, end-to-end solution for enabling Financial Inclusion in India.

Forbes recently entered into an agreement with Posiflex to sell their products in India.

Established in 1984 and an ISO 9001/9002/14001/IECQ QC 080000 certified manufacturer from Taiwan, Posiflex is a world leader in Point-of-Sale terminals and related products. The company holds 30 patents worldwide which cover secure, integrative, flexible and easy-to-use features integrated into its products.

FTL has tied up with BSNL to accept cash and cheque payments by deploying kiosks under a transaction fee model across the country. FTL shall install and maintain 1000 numbers of automated bill payment machines at BSNL and offsite locations on PAN India basis in a period of 15 months with the first 200 machines installed in the first 6 months.

Diesel Fashion India Reliance, signed up with FTL to install the IBM POS terminals at the Diesel outlets it launched in India commencing from March 2010. It is a JV between Diesel, a top end fashion brand headquartered in Italy and Reliance Brands. Diesel is a top brand in apparel and related personal consumer products, with presence in 80 countries.

FTL installed customer friendly touch screen based ‘Self Ordering Terminal’ at the maiden outlet of “Taco Bell” restaurant, recently launched in Bangalore.

Taco Bell Corp is America’s leading brand of Quick Service Restaurants specialized in Mexican food, with a chain of over 5800 outlets in US alone.

FTL implements Hand Held Terminal based solution for Dr. LalPath Labs, New Delhi

Established in 1949, Dr. Lal PathLabs today is the largest and most respected diagnostic service provider in the country. They offer more than 1,650 different types of tests and have a pan India presence in all important cities and towns of India.

Using HHTs, on the spot bills are issued during ‘Home Collection’ & collection of samples from ‘Channel Partners’ while automating data collection & transfer. Their entire master database of tests & channel partners resides on the terminal making it easy for their agents to issue bills.

Noida Power rolls out FTL bill payment kiosks in Noida. The multifunction kiosk facilitates bill payment through cheque and card.

FTL, this date announced a tie-up with TATA AIG to accept premium payments at its offsite kiosk network across the country. This tie up shall provide TATA AIG’s customers with an alternate channel. Forbes Technosys is rapidly expanding this network through deployments at offices of electricity boards like PSEB, telecom companies like BSNL and Tata Indicom etc.

FTL adds Max Hypermarket to the list of it’s valued customers in Retail Industry by being selected for installation of IBM POSterminals at the upcoming Max outlets.

Max Hypermarkets is a venture between the prestigious Landmark Group and Netherland based SPAR International to roll out chain of Hypermarts to offer value retailing experience to customers and ‘make shopping affordable’.

FTL bagged the contract from Bank of Bahrain and Kuwait for their branches at Mumbai and Hyderabad

FTL bagged the contract from State Bank of India to deploy 490 Multi Function Kiosks across the country. The kiosks offer various card based functionalities like pin change, balance enquiry, cheque book request, funds transfer, e-ticketing, internet banking, bill payments, passbook updation etc. These kiosks shall be connected to the Opus Switch.

BSNL kicked off kiosk based bill payment services under the aegis of Project Smile with the inauguration of Forbes Kiosks at BSNL Nagpur – CTO, Sakkardara & Khamla. These kiosks were inaugurated by Mr. Narendra Kumar, GM–CSC , BSNL Head Office and PGMT–Nagpur, Mr.M.D.Bhatia. The consumers can pay their landline,mobile and WLL payments at these kiosks on a 24x7 basis through cash and cheques.

FTL’s Xpressbanker kiosk at Dena Bank goes live with the Opus Electra Switch early today morning at 6.10 am. These kiosks are capable of a variety of pin based transactions like balance enquiry, pin change, prepaid top up, Railway E – Ticketing and Internet banking transactions like statement printing etc. These kiosks are being installed by Dena Bank at railway stations and are a pioneering initiative by the bank.

Torrent Power further rolls out FTL bill payment kiosks at its customer care centres in Bhiwandi.

FTL bagged the contract from Bank of Maharashtra to roll out Xpressbanker–Image based kiosks across its branches in Maharashtra. These kiosks offer an image of the cheque deposit on the receipt and are integrated with the bank’s Core Banking solution.

Received order for Super Mini wall mounted kiosk for bill payment through cheques.

FTL announced that it has today bagged the contract from Hindustan Cooperative Bank Limited, Lucknow to roll out Xpressbanker – Image based kiosks for all its upcoming branches. The kiosks have been integrated with the bank’s core banking solution HCBL, a premier cooperative bank at Lucknow is closely patronized by the Sahara Group and has been at the cutting edge of customer centric initiatives.

FTL has , this date,signed a significant agreement with NCR to resell their products in India.
NCR Corporation ( Founded on the USA in 1884), is a technology company specializing in products for the retail, financial, travel, healthcare, food service, entertainment, gaming and public sector industries. Its main products are point-of-sale terminals, automated teller machines, cheque processing systems, self service kiosks,barcode scanners, and business consumables. They also are one of the largest providers of IT maintenance support services.

As a consequence of this agreement, FTL will now have a new set of products in it’s portfolio including ATMs, Cash Recyclers, Self Service Check Outs, Scanners and Printers.

This strategic tie-up will consolidate FTL’s presence very strongly in the Financial & Retail sectors.

FTL shall be implementing its “Counterfeit Traceability Solution” at all branches of ICICI Bank in Agra city. This rollout is a manifestation of ICICI Bank’s faith in FTLs product and support capabilities. The solution has been jointly developed with ICICI Bank and ensures the tracing of a counterfeit currency note to the deposit, using technologies like high speed imaging and optical character recognition.

FTL ties up with Torrent Power for installing its bill payment kiosks in all its customer care centres at Agra. Torrent Power, a power sector major, is taking over the distribution of electricity in Agra shortly. These kiosks shall automate the acceptance of bill payments, duplicate bill printing, consumer queries etc and this initiative shall greatly enhance Torrent’s service delivery levels to its consumers.

FTL today bagged the contract from Jammu and Kashmir bank to roll out Xpressbanker – Image based kiosks at its branches across the country.

FTL, this date announced a tie-up with HDFC Standard Life to accept premium payments at its offsite kiosk network across the country. This tie up shall provide HDFC’s customers with an alternate channel. Forbes Technosys is rapidly expanding this network through deployments at offices of Electricity Boards like PSEB, Telecom companies-BSNL and Tata Indicom etc.

Forbes Technosys Limited, a pioneer in the field of retail solutions tied up with Nirulas for more than 90 Point of Sale terminals that shall be installed at 42 stores coming up in Delhi, Dehradun, Ludhiana, Meerut and Jaipur. Nirulas is a leading chain of fast food restaurants in North India.

FTL has tied up with ICICI Prudential Life to accepting premium payments at its offsite kiosk network across the country. Forbes Technosys is rapidly expanding this network through deployments at offices of electricity boards like PSEB, telecomcompanies like BSNL and Tata Indicom etc.