Software

CFM upgrades analytic platform for banks, credit unions

May 5, 2020

CFM, an Arizona-based integrated banking technology provider, has made upgrades to its iQ business intelligence platform, according to a company press release.

The platform gives banks and credit unions real-time data such as how much cash is needed in machines, if a machine was deployed properly or how tellers are using the machines. With this data and more provided by the platform, customers can make informed decisions on purchases, deployment and optimization of cash dispensers and recyclers, according to the release.

The platform was made available to current CFM IQ customers on May 1, and includes customizable dashboards that provide a high-level view of metrics, detailed clickable charts, a new widget system that prioritizes certain data points, a simplified reporting feature and a refreshed interface. The upgraded version is available immediately.

"Our latest release makes it easier for banking executives to make smarter decisions," Nathan Moore, CTO of CFM, said in the release. "By launching these new upgrades free of charge, our customers gain access to smarter tools to optimize their dispenser and recycler strategy along with branch cash management."