The Nowotech company is the representative of international company Smart-Tech, which was founded in 2003. Smart-Tech provides the development and implementation of new technologies and delivery of banking business solutions.
Currently, Smart-Tech is actively working in two business directions:
- Software development for the banking sector.
- Process modeling and optimization for banking and public sectors.
Smart-Tech software is widely used by a large number of customers in the territory of Russia, Armenia, Kazakhstan and Georgia.
Since 2003, Smart-Tech has developed and deployed:
- Electronic Payment System for integration with complex processing;
- Online Deposit System for the Ministry of Finance of Armenia;
- Card-to-card money transfer system;
- Electronic Banking System, which is used by 10 banking organizations;
- Tandem processing and payment system;
- Watchdog video surveillance system for ATMs.
In 2008, "Smart-tech" had 75% market share on ATM technical support in Armenia.
Due to vast experience in banking applications configuration and support from customers, the Company's' solutions are used by many financial institutions.