Advanced terminals, or ITMs, are fast emerging as the financial industry’s most transformative item of 2018. This technology will be at the heart of the branch automation process. It will open up distribution channels and provide a “branch in a box” experience to customers. Advanced terminals are literally branches in and of themselves, but can...Read More

A currency discriminator is a small but incredibly useful cash management solution that your company can benefit from. We’re sure of it. If you deal in cash, your company needs one. You might not imagine a currency discriminator could bring so much relief to your company—but its ability to simplify a time-consuming, risky, and often error-riddled administrative...Read More

Having a good cash management system is one of the keys to a successful retail business. There are few things as important as how money flows in and out of your business, and how you and your staff handle it. There are two broad types of cash management systems: manual and automated. If your cash...Read More

The process of checking into a hotel almost universally relies on a credit or debit card.  However, cash still finds itself flowing through hotels and resorts on a daily basis. Whether at the bar, concessions, the pool, front-facing shops, or the front desk itself, cash transactions occur throughout wide segments of the hotel industry, all...Read More

My local grocery store has installed a second set of self-service stations. And while older regulars have  some minor complaints, the majority of shoppers with lower item counts gravitate towards them. It’s not just grocery stores, either. From large retailers to fast food chains, the march toward self-service has been happening for more than half...Read More

The memory of the largest data breach in the banking sector, in 2016 due to a malware injection is still afresh in our minds. In fact, a recent study revealed that credit and debit card frauds have witnessed a six-fold increase in the past three years. Fraudsters are becoming increasingly sophisticated and more efficient in...Read More

Why foot traffic still matters in retail and banking, even in the era of digital transformation From K-mart to Sears, Radio Shack to hhgregg, 2017 marked a record year in retail store closures across the country with more than 7,000 brick-and-mortar stores shuttering by December 31. Not since the financial meltdown in 2008 has the retail sector...Read More

Without efficient management, currency and coin handling and processing represents a significant challenge within gaming operations. This is true for casinos and their retail operations and the impact is felt in terms of customer service, through to staff efficiency and ultimately in profitability. Some of the top gaming organizations are applying supply chain best practices...Read More

There’s a lot of redundancy built into the flow of cash within the branch. It makes sense because security and accuracy are paramount. But with the aid of advanced cash recycling technology, you can overcome the redundancy, resource drain and management oversight required by handling cash. And you can increase security and accuracy at the...Read More

In order to maintain a high standard of customer service while driving profitability, financial institutions (FIs) should always be searching for solutions that maximize their efficiency and help to keep costs under control. One strategy that can help you to achieve these goals is cash recycling, a technology that can be integrated into your ATM network to make...Read More