Samson:  Diebold Nixdorf deploys new ATMs in Iraq

15th June, 2022

Diebold Nixdorf has announced that Al Qurtas Islamic Bank is the first to deploy its DN Series ATMs in Iraq.

The bank's ATMs will be monitored by Vynamic View software to detect and prevent downtime, optimize performance and reduce costs for the bank.

Sara Ahmad, chief executive officer at Al Qurtas Islamic Bank, said:

"We are proud to be the first financial institution in Iraq to deploy the new ATM technology and look forward to providing innovative services to our customers."

Habib Hanna, managing director, Middle East, at Diebold Nixdorf said:

"We are thrilled that Al Qurtas Islmaic Bank chose to install DN Series as its first ATMs."

The project services and implementation are being provided by Offtec Iraq.  LINK

BearCinnebar:  IMO.  Just as we have been told with the KTFA Call and Walkingstick, the ATM machine articles are now here:  Amazing new technology:

https://www.dieboldnixdorf.com/en-us/banking/portfolio/dn-series/

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Samson:  Al Qurtas Islamic Bank taps Diebold Nixdorf to deploy ATMs in Iraq

13th June, 2022

Al Qurtas Islamic Bank has selected US-based technology company Diebold Nixdorf to deploy DN Series ATMs in Iraq.

Al Qurtas Islamic Bank, which is among the fastest-growing banks in Iraq, will leverage DN Series ATM’s scalable design, consistent software and common components to achieve this feat, Diebold Nixdorf said.

As part of the partnership, Vynamic View software will be used to monitor the Iraqi bank’s ATMs to detect and prevent downtime, optimise performance and cut costs for the lender.

 Diebold Nixdorf noted that the ATMs are equipped with security features to offer protection against traditional and new physical, data and cyber threats.
Additionally, it features a 19-inch touch display, check deposit module and cash recycling features, enabling ATMs to accept, validate, store, and recirculate cash.

 Al Qurtas Islamic Bank CEO Sara Ahmad said: “We are proud to be the first financial institution in Iraq to deploy the new ATM technology and look forward to providing innovative services to our customers.
“The new devices are already getting our customers’ attention, and in our next phase, the ATM’s integrated cash recycling capabilities will enable us to optimize cash handling and provide our customers with innovative technology that improves their banking experience.”   

Diebold Nixdorf managing director for Middle East Habib Hanna said: “We are thrilled that Al Qurtas Islmaic Bank chose to install DN Series as its first ATMs. They can now provide many additional services to achieve customer satisfaction and continue to be a leader in the region.”

 In May 2021, First Citizens National Bank chose Diebold Nixdorf for cloud-enabled self-service options in its branches.    LINK

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DeepWoodz:  imo   Can I getta yeehaw! Thank you Frank very much! And wouldn’t you know that Diebold is out of North Canton, Ohio?! Haha I’ve seen that name on equipment personally. 

PS….I really like this. 

“and in our next phase, the ATM’s integrated cash recycling capabilities”

Out with the old, in with the…..wait
In with the old, and out with the new!

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Tivon: Lol, I swear someone in Iraq government is reading these forums. I thought this was cleared up yesterday.(See articles below)   8 more days until it becomes law by default right friends? Anyway guys look at the ATM article. Why are you getting this now? We all listened to Frank's call. We all are privy to the Gazette publication. They want to address the urgent needs of the public. Citizens Entitlements? Does this fall under the urgent category? Seems to be the case since they are deploying the ATMs.

What are those contracts addressing? Gas, fuel, and energy, right? Which should include the HCL/Oil & Gas sector. I mean they are hiring in the Ministry of Oil correct? They did say the FSL stabilizes All Contracts & Procedures right? How do they plan on improving their standard of living without purchasing power?

Why even roll out the ATMs if citizens will have no reason to use them if their standard of living would not be addressed in the FSL.

I am just running these questions by you all to check the temperature of the room.  If you read my post all the way up until this point you understand where we are at. Because didn't Nouri Jassim state  that the exchange rate of the Iraqi dinar against the dollar should be 100 thousand Iraqi dinars for 100 US dollars, and thought this was fairness to the Iraqi citizen, to give them something of interest, vitality and well-being, because they suffered  from instability and psychological, social and economic discomfort.

 The International Monetary Fund, the World Bank, the World Food Program of the United Nations and the World Trade Organization  sounded the alarm and issued warnings of food shortages and called on the international community for urgent financing measures, and Iraq promised to Countries most at risk.

Again, how else would they address this issue? The House of Representatives assessed the criticality of the financial situation and the need to provide the necessary funding to address basic expenses and aspects that directly affect the livelihood of the citizen and the food basket, support for strategic storage and the poor classes, in addition to paying the dues of farmers and farmers in order to support the local product and reduce dependence on imports and support development projects In all governorates, providing job opportunities, revitalizing the economy, and finding ways to quickly address the proposal by presenting the emergency support law for food security and development.

This is the sole purpose why they created the EFSL.  (Emergency Food Security Law)

Again, I ask you all how can they do this without giving the citizens purchasing power? Which needs a rate correct? Does the recent news of the ATMs have anything to do with this? IMO 

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Parliamentary legal sets the date for the entry into force of "food security" and clarifies about the confirmation of contracts

15th June, 2022

The Parliamentary Legal Committee confirmed, today, Wednesday, that the Food Security Law addresses emergency issues, while noting that the implementation of the paragraphs of contracts and daily procedure is entrusted to the executive authority. 

The head of the Legal Committee, Muhammad Anouz, told the Iraqi News Agency (INA), that "Paragraph 315 contracts and the daily procedure are established within the Food Security Law, and the implementation process is entrusted to the executive authority."

He added, "The number of contracts is large, and the amounts allocated in the law may be insufficient, as happened in the 2021 budget, which did not include everyone," noting that "the Food Security Law will address urgent and not permanent issues, but the budget law will address all matters." 

He pointed out, "The implementation of the Food Security Law will be after the approval of the President of the Republic and its publication in the Official Gazette," noting that "the funds are supposed to be released to the authorities that have been set on schedules within the law after publication in the Official Gazette." 

He pointed out that "there are important issues that do not bear the delay in disbursing money, such as the payment of electricity debts, the ration card, and other aspects related to contracts and lecturers," explaining that "every executive employee should realize the importance of these issues related to the citizen and prepare as long as there is sufficient time to know the implementation mechanisms and the instructions that it should be issued in this regard.” 

Yesterday, Tuesday, Prime Minister Mustafa Al-Kazemi directed all ministries and agencies not associated with a ministry to expedite the preparation of an inventory of the names of contractors who have contract service of no less than two years in preparation for their confirmation, while the Council of Ministers issued decisions regarding contracts and daily procedure.

A statement issued by the Prime Minister’s Media Office, received by the Iraqi News Agency (INA), said, “Al-Kazemi stipulated in the above directive to ensure the availability of the necessary financial allocations without requesting additional financial allocations, in fairness to the segment of contracts and daily procedure, and for the purpose of improving their standard of living and calculating their services.”

The Council of Ministers approved calculating the daily wage service for daily wage earners in accordance with the provisions of Article (5) of Labor Law No. (37) for the year 2015, which authorized the calculation of the worker’s service for the purposes of determining salary and retirement in the event that it is fixed on the permanent owner, provided that pension contributions are met, in coordination with the Ministry of Finance, and the Federal Public Service Council.

The Council affirmed the suspension of appointment as a contract or daily wage in a way that does not contradict the law of emergency support for food security and development, which the House of Representatives recently voted on.

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Parliamentary Legal: The number of contracts is large, and the emergency support amounts may be insufficient  LINK