Posts Tagged ‘Automated teller machine’

Date: 13/03/06 13: 24: 29 Wednesday

Baghdad (newsletter).The Economist called Abbas kinani, the need to promote ATM marketing centres and shops, promoting the use of credit cards to facilitate the circulation of money and to prevent theft and detecting counterfeit currency. (more…)

Date: 2012-08-27 10: 24: 45 Monday

Baghdad (News) … The Economist called Abdul Salem Al-igaily, nice to promote ATM in local markets and promote the use of credit cards by the citizens because it facilitates the circulation of money and reduce theft.

He said Al-igaily (the news agency news) Monday: ‘ n the subject of widening phenomenon in the ATM market, whether in stores or restaurants and cafes as well as promoting how to use credit cards by citizens (MasterCard and visa.) is something culturally by all developed countries of the world because it prevents fraud and reduce theft. (more…)

Date: Saturday, 12-05-2012 12: 04 pm

Baghdad (newsletter) … The Deputy Governor of the Central Bank sees the appearance of Mohamed Saleh, to submit a report on the status of bank financial Sergeant alorkaa to the Central Bank within the next few days to see a bank financial assets hand and its required external financial, legal actions in the light of the report. (more…)

12.5.2012

Baghdad (news) favored the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, a report by Sgt financial on the status of the Warka Bank to the Central Bank during the next few days to know the status of the bank financial terms of its assets and financial liabilities of Foreign Affairs, to take legal action in the light of the report. (more…)

Last month the Central Bank of Iraq co-hosted a conference with USAID’s Iraq Financial Development Project on “Integrating the Banking and Financial Services Sector in Iraq.” This event, which was held in Istanbul from November 18-19 covered two upcoming changes to the payments system that have the potential to revolutionize Iraq’s banking sector.

The first is the introduction of a “national switch” for processing credit card and ATM transactions. The switch—essentially a router and some specialized software—will connect all of Iraq’s ATM machines and credit card point-of-sale scanners to a common platform. At present, each card-issuing bank operates its own system. Because not every point of sale is connected to every system, no one card will work everywhere. Little wonder that almost everything is paid for in cash. (more…)