Baku, FinanceTime. The well-known international magazine Banking CIO Outlook included ASHBURN International, which develops and implements transaction routing and EFTPOS terminals network management software, in the TOP 10 Payment and Card Solution Providers.

Banking CIO Outlook Magazine, which is published in Silicon Valley, highlights the latest technological trends in the banking sector. Industry experts share their experience and assess the latest global trends in payments and security. Each year, a reputable group of CEOs, CIOs, and the Banking CIO Outlook’s editorial board makes a rating of 10 leading enterprises offering the most effective innovative solutions for financial organizations. The expert commission highly appreciated the projects of ASHBURN International, a part of Penki Kontinentai Group, in Azerbaijan, Georgia, Uzbekistan and other countries where the company implements its own TransLink.iQ system for managing EFTPOS networks.

“A high position in the international ranking confirms the correctness of our development strategy. We will continue to expand not only the territorial boundaries of our activities but also the functionality of TransLink.iQ, which has established itself in many international markets. In such a dynamic and competitive field, we must constantly improve our product,” says Žoržas Šarafanovičius, Executive Director of ASHBURN International.

In fact, TransLink.iQ is the middle link between banks and points of sale, where the payments are made. The flexible architecture of the solution allows customizing it by the needs and infrastructure of the client. When updating the network of EFTPOS terminals, TransLink.iQ can be adapted to terminals of different manufacturers and cards of both international and local payment systems. The solution allows you to expand the functionality of payment terminals. Extra features, such as dynamic currency conversion or installment payment, increase customer loyalty.

Besides ASHBURN International, other European IT companies, their history, achievements, customer experience, innovative developments, and services, are presented on the pages of the publication. A special November issue of Banking CIO Outlook is dedicated to the development of payment technologies and their impact on the global financial industry.

ASHBURN International, a member of the group of companies “Penki kontinentai”, offers the POS terminals network monitoring and management solutions, transaction data transfer and loyalty system management. ASHBURN International also provides rental, installation and maintenance services of the bank equipment. The company is the official partner of the world's largest POS terminals manufacturer Ingenico Group in Lithuania, Latvia and Estonia. The ASHBURN International services portfolio includes outsourcing in financial, commercial and telecommunication spheres. The software and equipment meet the international organizations VISA International, Mastercard, American Express, Diners Club International, JCB and UPI requirements.