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

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

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

Losses are considered part and parcel of owning a retail business. Businesses even have a line in their accounting for it. The majority of retail loss comes from either internal losses or mishandling cash. There’s no reason your business has to suffer, however, because with these steps, you can improve your business’ cash handling and cut down...Read More

Retail store owners know all too well the headaches that come with handling cash. Spending hours counting, sorting, and reconciling cash at the end of the day can get pretty tedious. And storing and driving large volumes of cash to the bank can make even the most experienced manager feel uneasy and unsafe. Thankfully, business...Read More

Cash is a physical item. The way you handle it has implications for labour costs and your overall operational efficiency.  While cash acceptance solutions have been deployed for many years, more recently retailers are seeing the additional benefits delivered by cash recyclers and the ‘re-use it’ logic remains compelling. Cash recyclers enable banks and retailers...Read More