Open API, open banking

Many banks are currently opening their core functions through application programming interfaces (APIs). This happens on the one hand as a consequence of new regulation regulations and on the other because they have realized that this opens up new business opportunities. The revised Payment Services Directive (PSD2), for example, obliges European banks to share their customer transaction and counterparties with third parties, including, for example, Fintechs, retailers, telecommunication providers, payment service providers and account aggregation services. But also where the PSD2 has no binding effect, as in the US, a large number of API projects deployed by banks demonstrates the current trend to open banking. Many banks have come to the conclusion that opening towards new players is a perfect way to provide innovations without employing an army of developers. Banks are aware of the growing challenges of Fintechs and other market players, but they have also realized that working with them can be an opportunity to maintain their position in the new digital economy.


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Core Banking System






Business 2 Government




Experienced partner for the transition

BGS has more than 20 years of professional experience in software architecture design, especially for banking applications. Our solutions are successfully operated by more than 30 financial institutions in various regions of the globe. This gives us the profound knowledge required for the seamless integration of heterogeneous, non-transparent software components into a new architectural structure that hides the heterogeneity of the system.

This includes the customization or development of software interfaces to hide the distributed nature of applications. The vision of the near future is wide-spread computing, multiple devices embedded in various physical objects participate in a global information network. Mobility and dynamic reconfiguration will become dominant features. This will even increase the demand for qualified, specialized service providers, such as BGS to integrate existing applications into new system architecture, or design the new applications fully compatible to the already existing solution.

E-Government Platform

BGS Smartcard Systems has recently launched its own E-Government line of business services to offer its Smart-Payment technology based on international and local cards. The solution is already fully integrated with key governmental agencies in countries like Oman and Uzbekistan where our solution boasts a successful track record of more than a decade. The maturity of the solution is has been well accepted within the government sector as it has been completely designed and built for EMV yet offering full flexibility. Technologically, the core of our proposition revolves around the B2G and B2B transaction model and real-time transaction processing. The key part of our solution is the flexible and fully configurable e-government Middleware and the software intelligence built into the Smart-POS software.

Strong B2G solution

Currently our terminal software solution is based on the Ingenico platform and offers multi-language support for non-latin based languages such as Cyrillic, Farsi and Arabic. Our Smart-POS solution utilizes normal telephone lines, Internet, WAN and ADSL, employing security standards such as SSL to secure the communication channel. Our solution operates on the Microsoft Windows platform using industry standards as the method of integration and communication, including WEB Services, API, Active X, XML, SOAP, Java, .Net, and ISO8583.