KAL, a leading global provider of ATM software, recently organized an innovation-focused event in Colombo aimed at fostering growth and advancement within Sri Lanka’s banking and technology sectors.
The event, held at the Cinnamon Life Hotel in late November, featured an ATM innovation workshop and a business summit. Discussions centered on the unique needs of the Sri Lankan banking industry, highlighting digital transformation, the enhancement of infrastructure, and the modernization of self-service transactions. The program was presented in collaboration with Flix11, an ICT solutions provider and KAL’s regional partner.
Aravinda Athukorala, CEO of KAL, shared the company’s motivation for hosting the event: “KAL has a strong vision for ATM resilience and secure payments innovation in Sri Lanka. We have invested in a Colombo office and plan to grow our workforce in the coming years. Our goal in hosting this event with Flix11 was to celebrate Sri Lanka’s banking and technology sectors while facilitating wider conversations about the future of the ATM industry.”
The UK High Commissioner to Sri Lanka, Andrew Patrick, delivered the opening remarks, emphasizing the significance of cash access, the enduring relevance of ATMs, and the continued use of cash in Sri Lankan society.
Aravinda Athukorala also moderated a panel discussion featuring CEOs from leading banks and technology experts. The panel explored current ATM trends, challenges, opportunities, and specific market characteristics in Sri Lanka. Key topics included cash usage patterns, the integration of contactless technology, and the development of personalized customer experiences.
Attendees had the opportunity to participate in live demonstrations showcasing KAL’s software in action on ATMs, Retail Teller Machines (RTMs), and POS devices.
Through this event, KAL aimed to provide tangible benefits to Sri Lankan ATM and banking professionals by encouraging industry collaboration, presenting comprehensive solutions, and advancing digital transformation. As KAL continues to expand its presence and investment in Sri Lanka, the company is well-positioned to support banks in modernizing ATM infrastructure and driving self-service innovation across the country.
