 | Parts of this article (those related to members) need to beupdated. Please help update this article to reflect recent events or newly available information.(January 2023) |
| Operating area | India |
|---|---|
| Members | 13 Banks |
| Founded | 25 February 2004; 21 years ago (2004-02-25) |
Banks ATM Network and Customer Services (BANCS) is aninterbank network in India. It was launched on 25 February 2004, with 13 member banks. It is managed by an advisory board consisting of member banks.[1] It is the successor to the now-defunct Swadhan ATM network.[2] After the cyber attack by Wannacry, several ATM were shut down in Kerala in May 2017[3]
BANCS is supported by the India Switch Company (ISC), acquired byeFunds in 2005, which in turn, was acquired byFidelity National Information Services. ISC supports BANCS through a mix of VSATs, ISDN, leased lines, CDMA and GPRS. The financial switches used in the system are provided by Oasis Technology Ltd., Mumbai. The software used is fromIBM,Solaris andOracle.[1]
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