Penki Kontinentai Group news

TransLink.iQ Presentation to ProСredit Group

The BS/2 and ASHBURN International (the Penki Kontinentai group) displayed their software package TransLink.iQ to the ProСredit. This group is made up of development-oriented commercial banks in Eastern and Southern Europe, South America. In total, ProСredit operates in 13 countries. The parent company of the group, ProCredit Holding, is based in Frankfurt. It handles strategic management, capital adequacy, reporting, risk management, and proper business organization. The ProСredit Group credits small and medium-sized businesses. The total loan portfolio in 2017 was 3.9 billion euros.

Eugenio Marengo, Head of Processing center Quipu GmbH, Ilir Aliu, CEO ProCredit Kosovo, and Mr. Ardian Behluli, Managing Director Quipu Shpk, visited Vilnius Penki Kontinentai office at the beginning of May.

During the visit, the software package TransLink.iQ was displayed to the guests. TransLink.iQ, created by ASHBURN International, is a transaction processing and POS terminal network real-time management solution. It ensures POS terminals software update, safe and prompt transfer of financial transactions from POS terminals to bank hosts. The software package was developed by international companies’ VISA International and MasterCard International requirements and is compliant with the latest EMV and PA-DSS security standards, which guarantees data protection.

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