Brazilian ATM network operator teams with Diebold to serve the underbanked

The extended uptime of cash recycling ATMs allows the Saque e Pague network to deploy terminals in remote areas that previously were uneconomical to service.

FEATURES


Coming up this month: ICCOS EMEA 2014

The Cash Cycle Seminar is just around the corner, taking place Feb. 24–26 in Istanbul, Turkey.

Why is cash recycling an issue that's not all for one, but one for all?

The other day I ran a series of workshops for a major bank regarding a project affecting a number of different customer touch points. Given the wide-reaching nature of the project, attendees included employees from various divisions — retail, ATM,...

The increasingly complex TAU market

The global base of teller assist units grew by 3.8 percent between 2010 and 2012, according to new research from RBR. This relatively modest growth rate is lower than the previous two-year period, but should not be viewed as a...

2012 GRG Global Customer Exchange

Carlos Busso, president and CEO of Santiago, Chile-based Adexus, a systems integrator and e-commerce solutions provider, talks about implementing GRG cash recycling systems in South American markets. The 7th GRG Global Customer Exchange was held Sept. 24–25 in Guangzhou, China....

Coin-accepting, cash-recycling ATMs: the vanguard of the future

Jens Bohlen, senior vice president of services at Wincor Nixdorf, talks about ATM cash recycling and cash-and-coin deposit functionalities that allow customers to take care of their banking needs when and how it works best for them. The result is increased customer satisfaction — and less traffic at the teller line.

Cash recycling an upward trend for ATMs, teller safes

Increasingly, ATM owners are looking to cash-recycling technologies as a way to control costs.

ATM trends in review: cash handling, cash recycling

At Wincor World 2012, Uwe Krause, vice president of banking at Wincor Nixdorf, talks about what's trending now in cash-handling. The biggest change, he says is the move toward cash recycling — both in the branch, with automated teller safes, and at the ATM, with self-service cash recycling machines.

How to achieve success with deposit automation ATMs

Webinar attendees learn how a well-executed plan can transform the customer experience and benefit the FI.

ATMs and the unbanked: an emerging convergence

Un- and underbanked Americans pay $45 billion a year in fees; the ATM industry is figuring out how to claim its share.

Webinar explores opportunities for slashing cash-handling costs

Cash won't be going away anytime soon, but a fair amount of the handling costs could be.

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NEWS


Brazil's Bradesco piloting technology give customers immediate access to deposited cash

Bradesco, one of the largest financial institutions in Brazil, will begin piloting new technology from NCR Corp. that allows immediate accountholder credit for cash deposits made at the ATM. The new technology will eliminate the use of envelopes for cash...

Thailand's largest bank adds custom Diebold ATMs

Diebold Inc. is implementing 140 customized Opteva 378 cash recycling ATMs into the fleet of Siam Commercial Bank PCL.

Ecuador's largest bank gives cash recycling a try

Banco Pichincha, Ecuador's largest financial institution, is testing cash-recycling technology in a pilot effort with GRGBanking. The project represents GRG's first foray into the Ecuadoran market. A news release from GRG said that the manufacturer's H68N cash recycler series has...

NCR, SunTrust slapped with ATM patent suit

San Diego, Calif.-based Capital Security Systems Inc. filed a lawsuit on Monday in federal court claiming that NCR Corp.

Ecuadoran bank expands services to banked, underbanked

As part of its “transaction migration project,” Ecuador’s Banco de Guayaquil is implementing 72 Opteva ATMs from Diebold Inc. with enhanced note acceptance and bulk document intelligent depository modules.

Apple FCU refurbs its ATM fleet with new software, features

Fairfax, Va.-based Apple Federal Credit Union has joined the ranks of FIs migrating to Windows 7. Along with its operating system update, the FCU will add new security and customer convenience features to its 46-ATM fleet. Diebold Inc.

Russian FI says 'da' to American cash recyclers

As U.S. and European sanctions clamp down on other Russian banks, one of the country's larger FIs, VTB24, is proceeding with business as usual, including the overhaul of its ATM network. VTB24 has begun modernizing its fleet with the addition of NCR SelfServ cash-recycling functionality.

Glory extends UW series banknote sorter range

Cash management solutions provider Glory has introduced two new models in its UW range. The 12-pocket UW-700 and 16-pocket UW-800 address the needs of customers who have more complex banknote sorting requirements. The addition of more pockets allows more processing...

Florida's No. 1 CU makes the move to ATM cash recycling

Expanding on a partnership that brought deposit automation to Suncoast Credit Union ATMs in 2005, the FI is now adding full cash recycling capacity with Opteva Flex Performance Series ATMs from Diebold Inc. The ATMs will reuse consumer-deposited cash for...

ICCOS EMEA 2014 offers case study in TCO control

The International Commercial Cash Operations Seminar for EMEA took place Feb. 24–26 in Istanbul, Turkey.

ARCA to move cash recycler assembly to US shores

ARCA has announced plans to transfer the assembly of CM18 cash recyclers from Italy to its manufacturing facility in Mebane, N.C. The company will continue to operate its manufacturing line in Italy, according to a news release. The CM18 cash recycler automates cash in, cash out, balancing and inventory functions. An increase in the U.S.

Finnish IAD finds value in cash recycling

Automatia, the Finland-based IT service company that operates a nationwide network of 1,600 ATMs on behalf of 10 banks, has decided to add cash recycling to the capabilities of its fleet. The company will install 150 Wincor Nixdorf CINEO cash...

European ATM operators prepare for new €10 banknote

The most recent newsletter for ATMIA Europe included a European Central Bank update on plans for the introduction of the new Europa Series €10 banknote. ECB has also circulated a news release with dates and information that European ATM operators...

Cash recycling ATMs catch on at UniCredit

UniCredit, a Milan, Italy-based banking and financial services company with more than 9,000 branches, is adding cash recycling capabilities to the ATM fleet at its UniCredit Banca division. The added capabilities will help to reduce operational and administrative costs by...

Saudi bank first in GCC to offer online deposit

Al Rajhi Bank, a Saudi Arabian FI with $59 billion in assets, will be the first bank in the Gulf Cooperation Council to offer online deposit for corporate customers. The GCC is an alliance of Arab states that seeks, among...

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Cash Dispensers / Cash Recyclers / Cash Acceptors