DMS (Data Management Systems Pvt Ltd), now in its 45th year of Systems Integration operations, unveiled Diebold Nixdorf’s advanced DN series of Cash Recycling Machines (CRMs) and ATMs at a well attended 2-day event held in Colombo. Diebold Inc. USA with a 160-year heritage acquired Wincor-Nixdorf of Germany a few years ago, creating Diebold Nixdorf the world’s largest CRM and ATM manufacturer with worldwide presence and support.
DMS is the acknowledged pioneer in the transfer of technology to Sri Lanka having introduced many IT products, software, and services to Sri Lanka and representing the world’s leading IT brands. DMS has been Diebold Nixdorf’s Distributor since 1998 and exhibited the new advanced family of DN200 series CRMs and DN100 series ATMs to all the banks in Sri Lanka, having introduced CRMs to both Sri Lanka and the Maldives in 2015. DMS provides 24-hour maintenance and support services for CRMs and ATMs, 7 days a week, in both countries.
Highlights of DN200 series CRMs include the world’s most advanced recycling engine which has the ability to deposit and withdraw up to 300 currency notes in a bundle which is 50% greater capacity than available on other machines,15% greater currency storage capacity (3,500 notes per currency cassette) when compared with other machines, Touch-enabled 19 inch and 15-inch consumer screens with privacy, optional illuminated privacy panels to prevent others viewing data displayed on the consumer screen, enhanced security features that include cash slot, face, and environmental surveillance cameras, a small footprint saving on floor space requirements, Dip, Motorized EMV, and contactless NFC card readers, 2D barcode readers to enable utility bill payments, ADA compliance with braille features together with an audio jack for headphones to enable voice guidance.
The new DN100 series ATMs have the smallest footprint while offering 15-inch touch consumer screens, greater currency storage capacity with up to 5 currency cassettes, Dip, Motorized EMV, and contactless NFC card readers, 2D barcode readers, ADA compliance, braille features, and an audio jack for headphones to enable voice guidance.
Greater currency storage capacity on both lines of products delivers reduced interaction with these machines for bank branch staff and CIT personnel leading to lower operational costs. All DN200 and DN100 series machines are available in walk-up and drive-up versions with front and rear load/service and lobby variations with Through-the-Wall options combined with exterior weatherproof models.
Also introduced was the DN Vynamic Security Software Suite for CRMs and ATMs consisting of Device monitoring, Intrusion Protection, Access Protection, Hard Disk Encryption, etc., and DN’s All Connect Data Engine (ACDE) which is a core enabler for DN CRM and ATM Maintenance and Availability services that increase efficiency in incident resolution, optimizing wear-and-tear maintenance and detecting impending failures to fix before they occur.
The deployment of these solutions reinforces DMS’s established reputation of introducing innovative technology solutions that benefit both the citizens and banks in Sri Lanka.
Sri Lanka’s economic confidence index plummets
‘No one has rated Sri Lanka’s economic condition as excellent. 1.8 % rated it as good and 1.3 % rated it as getting better. The resulting score was a (-) 96. This rating was (-) 83 in January 2022, a wide ranging Verite Research public opinion survey reveals.
Key findings of the survey:
Government approval rating drops from 10% to 3%
The second round of the Gallup Style “Mood of the Nation” poll was conducted in June by Verité Research. It assessed the approval, satisfaction, and confidence of the nation in relation to the government, the country, and the economy.
The poll was conducted as a part of the syndicated survey instrument by Verité Research. This instrument also provides other organisations the opportunity to survey the sentiments of Sri Lanka.
1. Government approval rating | 3% | To the question, “Do you approve or disapprove of the way the current government is working?” only 3% said they approve. In January 2022 this rating was at 10%.
2. Sri Lanka satisfaction | 2% | To the question, “In general, are you satisfied or dissatisfied with the way things are going in Sri Lanka?” only 2% said they were satisfied. This rating was at 6% in January 2022.
3. Economic confidence | negative (-) 96 | Multiple choice questions on the condition and trajectory of the economy are used to generate an economic confidence score. The score can range from negative (-) 100 to positive (+) 100. A score above zero means more people see the economic conditions positively rather than negatively. If everyone thinks the economy is in either excellent or good condition, and everyone also thinks it is getting better, the score will be (+) 10. If everyone thinks that the economy is in a poor condition, and everyone also thinks it is getting worse, the score will be a (-) 100. No one rated the economic condition as excellent. 1.8% rated it as good; and 1.3% rated it as getting better. The resulting score was a (-) 96. This rating was (-) 83 in January 2022.
Implementation of “Mood of
The poll is based on an island wide nationally representative sample of responses from 1,052 Sri Lankan adults, conducted in June 2022. The sample and methodology was designed to ensure a maximum error margin of under 3% at a 95% confidence interval. The polling partner was Vanguard Survey (Pvt) Ltd.
Decline in share market in the wake of rate hike reports
By Hiran H.Senewiratne
CSE trading activities began on a positive note yesterday but during the latter part of the day the market experienced a dip on account of the overall supply chain economy being subjected to a contraction, stemming from the fuel crisis. Consequently, CSE activities were relatively low keyed, market analysts said.
“We are reverting to the negative. There is uncertainty on all fronts, from the political to the economic. Therefore, we are expecting a rate hike on Thursday. This is creating a bit of a cloud and we may see this continuing further, a top market analyst said.
Even if top level decision- making is happening in Sri Lanka the impact is not felt at the grassroots level. This has resulted in unrest in the country, the analyst said.
Amid those developments, both indices moved downwards. The All- Share Price Index went down by 97.9 points and S and P SL20 declined by 34.3 points. Turnover stood at Rs 1.3 billion with one crossing. The crossing was reported in JKH, which crossed 600,000 shares to the tune of Rs 73.2 million, its shares traded at Rs 122.
In the retail market, the top seven companies that mainly contributed to the turnover were; Lanka IOC Rs 611 million (7.3 million shares traded), Expolanka Holdings Rs 173.9 million (one million shares traded). LOLC Holdings Rs 47.4 million (120,000 sha4es traded), Hayleys PLC Rs 46.5 million (697.000 shares traded), Browns Investments Rs 46.3 million (6.4 million shares traded), JKH Rs 21 million (173,000 shares traded) and Softlogic Holdings Rs 20.5 million (794,000 shares traded). During the day 109 million share volumes changed hands in 15000 transactions.
The International Monetary Fund said last Thursday its talks with crisis-hit Sri Lanka had been “constructive”, thereby raising hopes it would soon grant preliminary approval for a desperately needed financial support package, observers said.
Meanwhile, the Colombo Consumer Price index rose 54.6 per cent year-on-year in June against a 39.1 per cent rise in May, according to the Statistics Department.
Yesterday the US dollar rate was Rs 360.73, which is now being controlled due to the prudent fiscal and monetary policies of the Central Bank.
Dialog Club vision members receive access to an exclusive screening of ‘Jurassic World Dominion’
In a bold and breath-taking new global adventure, the epic conclusion to the Jurassic film franchise ‘Jurassic World Dominion’ hit theatres across the world on June 10. Just a day after its global premiere, Dialog Club Vision Red members and their loved ones received special access to an exclusive screening of the film at the Kandy City Centre Multiplex on June 11.
The explosive end to the Jurassic era sees two generations of the film’s franchise unite for the first time with Hollywood’s Chris Pratt and Bryce Dallas Howard joined by Oscar winner Laura Dern, Jeff Goldblum and Sam Neill. Dialog Club Vision members were some of the first to witness the utopian world where Dinosaurs and humans co-exist.
With the best interests of its members and their loved ones at heart, Dialog Club Vision continues to deliver a world of exclusivity and privileges such as personalized care, exclusive discounts and offers, lifestyle and entertainment events and more. To explore more exciting offers available for Dialog Club Vision members, and to learn more about Sri Lanka’s premier loyalty programme, customers can visit the MyDialog App or visit dialog.lk/club-vision
BASL urges President to de-escalate tensions in different parts of country
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Kandy, Galle, Puttalam Schools win combined schools hockey titles
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