News

BAI RD: Talaris says cash-automation helps FIs reap value

November 4, 2009

Talaris, formerly De La Rue Cash Systems, has announced several partnerships and product developments that represent the company's strategic plans to enhance the capabilities of its current suite of branch automation solutions.

"As Talaris continues to build upon its 100-plus year experience in the cash-handling industry, we will remain competitively superior as a result of our keen focus on being the first to accurately anticipate financial institutions' needs to incorporate the best, most intuitive technologies into their branches," said Chris Reagan, president of Talaris North America. "Our recent partnerships and products respond to that demand, while demonstrating our dedication to remaining on the forefront of branch retail delivery."

Historically focused solely on providing cash-handling solutions, Talaris has expanded its offerings to include resources that help financial institutions maximize the cost-saving, efficiency and customer experience benefits of such branch-automation technologies. The company is partnering with Emmerich Group Inc., a company founded by Roxanne Emmerich, the New York Times best-selling author and one of the industry's most in-demand speakers and corporate change agents. Through the partnership, Talaris customers can access practical instruction on how to use the capacity generated by new technology to transform their culture and, subsequently, impact their bottom line.

Additionally, Talaris is teaming with GMT, an industry leader in enterprise workforce management and performance optimization solutions, to help financial institutions deliver a better customer experience at a lower cost through the simultaneous integration of the two companies' teller cash automation and workforce optimization technologies. This will enable institutions to have a constant window into their branch performance, thereby ensuring they are adequately and appropriately staffed while, at the same time, improving the efficiency of their cash-handling resources.

"We recognize that today, more than ever before, banks and credit unions need technology and information that will help them succeed in such a turbulent marketplace," Reagan said. "Talaris has a strong pedigree as an expert in the cash handling industry, and we intend to continue this leadership with these new partnerships and offerings."

Supplementing these strategic partnerships is the introduction of Talaris' first Check 21 solution, Pronto, which offers branch and remote deposit capture capabilities for banks, credit unions and retailers. Pronto directly and securely transmits and clears checks with the Federal Reserve, helping to increase the speed and efficiency of check processing.