CMS Info Systems executes managed services for PNB's 5200+ ATMs

21 Jun 2023 , 11:16 AM

CMS Info Systems Limited (CMS) completed the implementation of ATM Managed Services for 5,200+ ATMs for Punjab National Bank (PNB) in 526 cities and towns across 26 states. CMS has completed this mandate, making it the largest ATM Managed Services provider to PNB.

The mandate involves end-to-end management of their designated ATM network through a single point of accountability, including cash management, monitoring, and cash replenishment forecasting, as well as ensuring high availability and uptime.

Manjunath Rao, President – Managed Services, CMS Info Systems, said, “We are delighted to collaborate with the second largest bank in the country. CMS has always been committed to strengthening its relationship with its clients using a solution-oriented approach.”

He further added that the company looks forward to assisting banks and financial institutions in their search for a branchless banking experience using new technology, that provides a safe customer experience and secures their ATM operations cycle.

CMS is one of the leading companies in India that provides complete ATM solutions and offers a large-scale implementation roll-out covering remote towns. Banking Automation, ATM-as-a-Service, and Technology Solutions for the site infrastructure, security, and customer experience are all part of CMS’ Managed Services business.

At around 11.13 AM, CMS Info Systems was trading 1.78% higher at Rs 353.90, against the previous close of Rs 347.70 on NSE. 

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