Octobank will make ATMs "smarter" — together with BS/2

Octobank has signed a memorandum with BS/2, an international fintech company that helps banks around the world launch modern ATMs and self-s...

Octobank has signed a memorandum with BS/2, an international fintech company that helps banks around the world launch modern ATMs and self-service systems. The signing took place at the venue of the PLAS Forum, which was held in Tashkent on May 28-29, 2025. On behalf of Octobank, the document was signed by Rustam Rafikov, Managing Director and Head of the Retail unit, and on behalf of of BS/2— Idrakas Dadashovas, CEO of the company. 

The companies plan to develop Octobank's network of ATMs and self-service points together: their functionality will become broader, and it will be easier and more convenient to use them. What will be changed: 

• The ATM network will be upgraded due to an increase in the share of devices that not only issue, but also accept cash.;
• It will become even more convenient to pay for services, replenish your account, and exchange currency with them;
• ATMs themselves will become more reliable — there will be a system of remote control and "smart" cash distribution.;
• The security level will increase — access to ATMs will be protected by electronic locks and one-time codes.

 

The parties signed a three-year agreement.

 

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Octobank is a universal digital bank operating in Uzbekistan. The Bank offers a wide range of financial services for private and corporate clients. 

 

BS/2 is an international fintech company, part of the Lithuanian Penki kontinentai group of companies. Specializes in self-service banking solutions: ATMs, recyclers, device management software, cybersecurity and analytics systems.