Message from Chief Executive Officer, Innovative (Private) Limited

In challenging business environment, banks in Pakistan continue to perform well and have come a long way in teh realm of automation and eBanking in teh last 10 years. The eBanking Conference platform has been an industry roundabout for this purpose where the bankers and the technology service providers come together to take stock of the situation and ponder over the future prospects.
Like every year, eBanking Conference highlights the importance of building an IT infrastructure within banks so as to make banking more "customer centric". In addition, this event emphasises the growing importance of alternative delivery channels, and with it the risks involved due to the nature of these channels.
This year Innovative is presenting a revoltionary new concept of Cash Management Solutions focusing on ways banks can take greater control over rising cash management costs, deliver secure digital services that enhance consumer interaction and strengthen long-term relationships with their retail banking customers.
In the Self-Service area, Wincor Nixdorf will demonstrate Cash Cycle Management Solution (CCMS) that focus on the seamless transfer of cash between retail environments and bank branches, to help banks create an optimised, closed cash cycle within the branch, drive process efficiency, customer retention, reduce costs by more than 20 percent and minimise environmental impact.A key feature of Wincor Nixdorf's will be CINEO - Wincor Nixdorf's product portfolio, which includes cash dispensers, cash recycling systems, automated teller safes, transaction terminals and POS systems. CINEO offers businesses new options for cash handling. The core element is an innovative banknote storage concept - the Intelligent Cassette. The Intelligent cassette enables cash to be exchanged directly between different cash points within a branch and store environment.
Besides, Innovative is also displaying the Note Processing Solutions from Giesecke & Devrient. Together with this solution, it is expected that banks can develop high level efficiencies in their operations and give them an option of concentrating upon their core business of extending banking facilities to the unbanked population.
e Banking event provides an opportunity for all stake holders to discuss their experience and learn about new innovations. I am sure that the visitors of this event will take away with them valuable information and ideas that will help them in making their organisation more effective and efficient