NCR acquires cash cost optimization software co.

NCR Corp. has acquired Transoft Intl.

The Bank Conference Buzz: West versus East

I must admit that I have been saving up a bit of enthusiasm for this post! Mostly I wanted to have two similar yet different conference experiences behind me. It was my good fortune to attend both the recent 2011...

Transoft partners with FTSI to provide cash management solutions to credit unions, community banks

Transoft International today announced that it is teaming up with Financial Technology Services International Inc. to integrate Transoft's Software-as-a-Service offering, OptimizeCF, into the FTSI suite of ATM and cash management services for credit unions and community banks. Transoft is a...

GRG Banking: A rising star in cash processing

Over the years, I have found it interesting and informative to follow the adventures of new companies as they start to make a name for themselves. About a year ago, I was introduced to a company out of China called...

Is polymer the ultimate counterfeit deterrent?

Counterfeit detection is certainly the most troublesome and costly responsibility for those in the cash handling business. There is not a country in the world that is not impacted by this criminal activity.

Transoft introduces a module for teller cash recyclers

Transoft International Inc. has introduced OptiReCache, a module for OptiCash, that enables bank branches to forecast the total amount of cash on hand and what is available in each banknote denomination.

Could virtual currency become king in developing countries?

Hot on the heals of my post about a virtual currency called BitCoin, I have uncovered another rather surprising new paradigm. It would seem that increasingly people in Third World countries – what I prefer to call developing countries –...

Australian firm renews contract with Transoft International

Armaguard Group, Australia's leading Cash-in-Transit and currency management-service provider, has extended its relationship with Transoft International Inc., both companies recently announced. As part of the contract extension, Armaguard has agreed to distribute the full suite of Transoft's software products for...

Transoft partners with German company

Transoft International Inc. has partnered with ALVARA Cash Management Group AG to address and to optimize the full cash-management cycle in Germany and the rest of Europe by becoming CashEDI compliant. CashEDI is a term coined by Deutsche Bundesbank, Germany's...

Transoft signs cash-management licensing agreement with Siam Commercial Bank

The Siam Commercial Bank (SCB), which operates 7,678 ATMs throughout Thailand, has signed a multi-year cash-management licensing agreement with Transoft International Inc.The Siam Commercial Bank has licensed Transoft's OptiCash and OptiNet for cash forecasting and cash optimization, said Brendan Burge,...

NCR extends cash-management agreement with Transoft

NCR Corp. has renewed its cash-management agreement with Transoft International Inc., which manages cash for more than 100,000 ATMs, branches and vault networks.

Transoft forms a partnership

Transoft International Inc. and CTS CashPro today announced a partnership at the International Commercial Cash Conference in Malaysia.CTS CashPro is the world's largest manufacturer of teller cash recyclers.

Ukraine bank selects OptiCash for currency management

Raiffeisen Bank Aval in Kiev, Ukraine, has selected Transoft International Inc.’s OptiCash to manage the bank’s cash-management systems and to provide cash forecasting.“Since Transoft already serves the largest bank in Russia, their systems are in Russian, and they have a...

Transoft CEO honored as Top 50 entrepreneur in N.C.

The president and CEO of Transoft International Inc., Bo H. Holmgreen, has been named by Business Leader Media as one of the Research Triangle's 2010 Top Entrepreneurs.

Transoft says OptimizeCF cloud computing for cash forecasting at ATM, branch is taking off

Transoft International Inc., which 18 years ago launched its flagship cash-optimization application, OptiCash, says its news cash-forecasting too, OptimizeCF, has been adopted by a number of financial institutions, retailers and casinos over the last two years. The software-as-a-service model, which...

Transoft partners with Affair System for ATM, branch cash management solutions

Transoft International Inc., a provider of currency supply chain management solutions, has announced that Brazil-based Affair System will represent Transoft's suite of currency management software for ATM, branch and vault cash management. Affair System will represent the new suite of...

Woodforest Financial Group signs with Transoft for SaaS cash management solution

CARY, N.C. — Transoft International, provider of currency supply chain management solutions, has signed Woodforest Financial Group on for its OptimizeCF currency management software for ATM and branch cash management.

ABANA, Transoft to partner for Middle East currency management

CARY, N.C. — Transoft International has announced in a news release that it will partner with ABANA to market currency management solutions in Saudi Arabia and other member countries of the Gulf Cooperation Council (GCC).

Transoft highlights vault-cash management at BAI's RD

CARY, N.C. - Transoft International Inc., provider of currency supply-chain management solutions, will showcasE its OptiVault vault-cash management software during BAI's BAI Retail Delivery Conference in Las Vegas next month. OptiVault is a vault-cash management system designed to meet the complex demands, Transoft says.

Software is key to managing the currency supply chain

In this white paper, Transoft International says currency supply chain management solutions can yield significant savings for FIs by automating ATM and branch cash management.

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