What BS/2 does

BS/2 (legal entity UAB Penkių kontinentų bankinės technologijos) is a Lithuanian banking and retail technology provider operating as the technology arm of the Penkių kontinentai (5CI Group) conglomerate. Founded in 1996 and headquartered in Vilnius, the company develops, integrates, and supports self-service banking and retail infrastructure, spanning Diebold Nixdorf ATM hardware, Magner cash-counting machines, retail POS and self-checkout equipment, and a proprietary .iQ software platform. Core software products include ATMeye.iQ (ATM security, dispute handling, and anti-fraud), Cash Management.iQ (online cash monitoring and forecasting that integrates with CPS, Glory, and G&D cash sorting machines), Payments.iQ (self-service terminal payment acceptance), TransLink.iQ (POS terminal fleet management, developed in conjunction with sister company ASHBURN International), and the Vynamic suite for terminal fleet monitoring, security, and marketing.

The company has layered newer AI-enabled and digital-asset capabilities onto the stack in late 2025 through 2026: FusionAI.iQ for generative AI knowledge retrieval, PulseAI.iQ for AI-led dispute resolution automation, CJM&A.iQ for customer journey analytics, Face Recognition for biometric authentication, and Crypto.iQ for digital asset transactions through existing ATM infrastructure. BS/2 generates revenue across four streams: hardware sales (ATMs, retail equipment, cash processing machines), software licenses and subscriptions for .iQ products, professional services for installation, branch transformation, and infrastructure audit, and managed services for terminal network monitoring and outsourced IT operations. Pricing is quote-based and not publicly disclosed. Go-to-market combines direct enterprise sales with channel partners (Diebold Nixdorf, INGENICO, SUNMI, Magner, regional resellers), active participation in industry events such as Banking Fusion Uzbekistan, EuroShop, Intersect Cannes, and the Diebold Nixdorf Banking Partner Summit, and a localized web presence across EN, LT, RU, AZ, UZ, KZ, KG, and GE. The company states operations in 80 countries with concentrated deployment footprints in Central Asia (Kazakhstan, Uzbekistan, Kyrgyzstan), the South Caucasus (Azerbaijan, Georgia), and Eastern Europe. Named customers include Central Asian banks such as IPAK YULI Bank, Kapital Bank, PASHA Bank, ANORBANK, Eurasian Bank, and Octobank, alongside Bank of Georgia, plus retail chains such as Bazarstore, Nikora Supermarket, Korzinka, and Ori Nabiji.

Name

BS/2

Legal name

UAB Penkių kontinentų bankinės technologijos

Website

https://bs2.lt

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Short description

BS/2 is a Lithuanian banking and retail technology company that develops, integrates, and supports ATM hardware, a proprietary .iQ software suite for security and cash management, and AI-enabled tools, serving banks and retailers across Central Asia, the Caucasus, and Eastern Europe.

Ownership category

akta.pro rank

Product category

Banking and Retail Self-Service Technology

NAICS

Software Publishers (51321), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

ATM Deployers & Managed ATM Services (IAD/ISO) (FSAMAOAC)

akta.pro secondary industries

POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO), iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)

Keywords

• Banking technology solutions
• ATM management software
• Cash management systems
• Retail POS technology
• Self-service terminals

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Hardware Sales: Sale of physical equipment including ATMs (Diebold Nixdorf DN Series), retail equipment, cash counting and processing machines (Magner series), POS terminals, and other specialized banking hardware. Revenue is generated through direct sales and channel partnerships.
2. Software Licenses and Subscriptions: Software solutions including ATMeye.iQ, Cash Management.iQ, Payments.iQ, and other .iQ products offered as licenses or potentially subscription-based solutions with ongoing updates and support.
3. Professional Services and Implementation: Services including preparation and installation of specialized equipment, terminal infrastructure audit, transformation of bank branches and self-service devices, and outsourcing of IT infrastructure and acquiring networks.
4. Maintenance and Support Services: Ongoing technical support including hardware service maintenance, software support, administration and monitoring of terminal networks, and training of specialized personnel.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

BS/2 develops, distributes, and supports an integrated portfolio of banking and retail self-service technology. The company sells proprietary .iQ software (ATMeye.iQ for security, Cash Management.iQ, Payments.iQ, TransLink.iQ, Vynamic suite, FCX.iQ, Service Desk.iQ, Face Recognition, and newer AI products like FusionAI.iQ, PulseAI.iQ, Crypto.iQ, CJM&A.iQ), distributes Diebold Nixdorf DN Series ATMs and Magner cash processing hardware, and delivers managed services including equipment installation, terminal network administration, IT outsourcing, and branch/self-service transformation consulting.

Product overview

BS/2 offers a comprehensive banking and retail technology portfolio consisting of hardware (Diebold Nixdorf ATMs, retail equipment, Magner cash processing machines), core software solutions (ATMeye.iQ for security, Cash Management.iQ for cash flow, Payments.iQ for payments, TransLink.iQ for POS fleet management), and specialized .iQ modules (Face Recognition, Service Desk.iQ, Vynamic suite for fleet management/marketing/security). The platform is augmented by AI-powered solutions including FusionAI.iQ for knowledge management, PulseAI.iQ for dispute automation, and CJM&A.iQ for customer analytics. Services include hardware maintenance, terminal network administration, infrastructure auditing, and digital transformation consulting. The company operates across 80 countries serving banks and retail clients.

Differentiator

Problem solved

Functional benefit

Brands

• ATMeye.iQ: ATM security, dispute handling, and anti-fraud solution for banks and financial institutions.
• Cash Management.iQ
• Cash Processing.iQ
• Payments.iQ
• FCX.iQ
• DS Center.iQ
• Service Desk.iQ
• TransLink.iQ
• Vynamic View
• Vynamic Security
• Vynamic Marketing
• ProFlex4 (VCP-Pro)
• FusionAI.iQ
• Crypto.iQ
• PulseAI.iQ
• CJM&A.iQ

Products and services

• ATMeye.iQ All-in-one ATM security, dispute handling, and anti-fraud software solution for banks and financial institutions. Provides real-time monitoring, video surveillance integration, event/incident management, and remote management of ATM fleets.
• Cash Management.iQ Software solution for online cash monitoring, forecasting, and optimization at cashpoints (ATMs) for banks and retail outlets. Integrates with CPS, Glory, and G&D cash sorting equipment for end-to-end cash flow visibility.
• Payments.iQ Payment acceptance middleware solution for self-service terminals (ATMs and kiosks) enabling secure processing of various payment methods including cards and contactless/NFC.
• TransLink.iQ POS terminal fleet management solution developed by ASHBURN International within the Penkių kontinentai group, providing monitoring and control over payment terminal networks.
• FCX.iQ Currency exchange solution for self-service terminals enabling automated foreign currency exchange operations at ATMs and kiosks.
• Vynamic View Terminal fleet management and monitoring solution providing centralized visibility of operational status across self-service device networks.
• Vynamic Security Terminal fleet protection solution safeguarding self-service devices from security threats and unauthorized access.
• Vynamic Marketing Content management solution for displaying promotional products and services on self-service devices (ATMs and kiosks).
• Face Recognition Biometric authentication solution using computer vision for self-service devices enabling secure customer identification and fraud prevention at ATMs and payment terminals.
• Service Desk.iQ Service process automation solution for managing maintenance requests and support workflows across terminal infrastructure.
• ProFlex4 (VCP-Pro) ATM capability enhancement solution that increases the functional features of self-service banking devices through software extension.
• FusionAI.iQ AI-powered knowledge management solution that converts bank's corporate knowledge into competitive advantage through generative AI and intelligent knowledge retrieval from internal data sources.
• PulseAI.iQ AI-powered solution designed to accelerate and automate the handling of customer disputes and contested transactions for banks.
• Crypto.iQ Digital asset transaction solution enabling cryptocurrency operations through existing ATM infrastructure, allowing banks to offer digital asset services.
• CJM&A.iQ Customer journey mapping and analytics tool for analyzing customer behavior patterns in banking environments.
• DN Series ATMs Modern Diebold Nixdorf ATMs distributed by BS/2, combining ergonomic design, ease of use, and the latest cash processing technology for self-service banking.
• Retail Equipment Retail hardware solutions including POS terminals, self-checkout systems, and other equipment for organizing retail space efficiency and customer interaction.
• Magner 350N Cash counting and sorting machine designed for commercial banks, bank branches, and small central banks with high-volume cash processing needs.
• Hardware Service Maintenance and Software Support Comprehensive ongoing maintenance and technical support services for banking and retail hardware and software systems deployed by clients.
• Terminal Infrastructure Audit and Strategic Planning Consulting service for auditing terminal networks and developing strategic infrastructure plans for banks and retail organizations.
• Administration and Monitoring of Terminal Networks Remote monitoring and administration services for terminal fleet management, providing operational oversight and issue resolution for distributed ATM/POS networks.
• Transformation of Bank Branches Digital transformation services for modernizing traditional bank branch operations, including self-service integration and channel optimization.
• Transformation of Self-Service Devices Upgrade and modernization services for self-service banking equipment, including capability expansion and platform migration.
• Outsourcing of IT Infrastructure IT infrastructure outsourcing service for banks and retail organizations operating self-service terminal networks, including help desk operations (e.g., 24/7 call center in Kazakhstan).

Quantifiable outcome

• 2,656 ATMeye.iQ licenses sold in 2021, with particularly strong adoption in Africa region
• +1 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability8 records

Feature14 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Diebold NixdorfcoreTechnology or IntegrationBS/2 is a Gold/Platinum partner of Diebold Nixdorf, distributing their DN Series ATMs and integrating their hardware with BS/2 software solutions. Executives from Diebold Nixdorf regularly visit BS/2 headquarters in Vilnius, indicating a strong strategic partnership.
• SUNMIcoreTechnology or IntegrationPartnership for Android-based payment devices and smart retail solutions. BS/2 opened the first SUNMI Home demonstration center in Baku together with SUNMI.
• INGENICO GroupcoreTechnology or IntegrationTechnology partnership for payment terminal solutions and point-of-sale equipment.
• Modern ExpocoreStrategic or Co-development PartnerPartnership with Modern Expo for retail infrastructure solutions. BS/2 received the Modern Expo New Business Horizons Award at EuroShop 2026 for their partnership achievements.
• MicrosoftcoreTechnology or IntegrationPenki Kontinentai group holds Gold Certified Microsoft Partner status.
• Cisco SystemscoreTechnology or IntegrationPenki Kontinentai group is a Premier Partner of Cisco Systems for networking and infrastructure solutions.
• ASHBURN InternationalcoreStrategic or Co-development PartnerPart of the Penki Kontinentai group of companies, ASHBURN International develops payment software solutions and TransLink.iQ terminal management system. They work together on retail and banking projects.
• Central Asian Fintech AssociationminorStrategic or Co-development PartnerMemorandum of cooperation signed in 2026 to develop fintech collaboration in Central Asia.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Glory Global Solutions: Global manufacturer of cash handling, counting and recycling equipment for banks and retail. Cash Management.iQ explicitly integrates with Glory cash sorters, putting them at the same point in the cash-supply-chain value chain.
• KAL ATM Software: Provider of ATM and self-service banking software platform that runs across multiple OEM hardware vendors. Closest direct software competitor to BS/2's ATMeye.iQ and Payments.iQ propositions.
• Auriga: Italian-headquartered banking software company specializing in ATM middleware, omnichannel and self-service solutions for banks — directly comparable to BS/2's .iQ software stack and similar target customer base of mid-sized banks.
• Cennox: UK-based provider of ATM and banking equipment lifecycle services, including installation, maintenance, security and managed services — comparable to BS/2's hardware service maintenance and terminal network administration offerings.
• Hyosung TNS: Major Korean ATM manufacturer with a strong presence in emerging markets across Asia and the CIS. Competes with the Diebold Nixdorf product family that BS/2 distributes and integrates.

Broad incumbents

• NCR Atleos: ATM operator and self-service banking technology provider spun off from NCR. Overlaps directly with BS/2 in ATM hardware distribution, terminal management software and managed services for financial institutions.
• Diebold Nixdorf: Global ATM hardware manufacturer and banking software provider. BS/2 is a Gold/Platinum channel partner but Diebold Nixdorf's own software portfolio (Vynamic suite) competes with BS/2's offerings in the same enterprise banking market.
• Euronet Worldwide: Operates one of the largest independent ATM networks and a global payments processing platform. Overlaps with BS/2 in ATM managed services and payment acceptance at self-service terminals, with a much broader fintech footprint.
• Worldline (INGENICO): European payments and merchant acquiring giant that absorbed INGENICO. Competes with BS/2's Payments.iQ and TransLink.iQ on payment acceptance infrastructure for self-service and POS terminals.

Others

• ASHBURN International: Sister company within the Penkių kontinentai group, developing payment software solutions including TransLink.iQ. Operates as an affiliated group entity on overlapping retail and banking projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/5cigroup
• YouTubeyoutube.com/c/Bs2Lt
• Facebookfacebook.com/bs2solutions
• LinkedInlinkedin.com/company/bs2solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BS/2