Minimizing the costs of ATM cash

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August 1, 2004

Tom Stevenson, president of vault cash supplier Cash Connect, offers some common-sense tips on minimizing the costs of ATM cash.

PDNB now services more than 12,000 ATMs

August 1, 2004

PALM DESERT, Calif. - The Electronic Banking Solutions division of Palm Desert National Bank (PDNB) says that in less than a year it has doubled the number of…

FBT appoints director of ATM cash

August 1, 2004

NEW ORLEANS - First Bank and Trust, a provider of vault cash for ISO-operated ATMs has named Alywin Frugé as its director of ATM Cash and Cash Management.

ATM Solutions hires VP of sales

August 1, 2004

CINCINNATI - ATM Solutions, a provider of end-to-end ATM services including cash replenishment, vault cash services, deposit pick-up, and maintenance, has…

Lock maker LA GARD hires 2 new execs

July 29, 2004

TORRANCE, Calif. - LA GARD, a provider of  electronic locking devices designed for the medium- and high-security safe and vault markets, has appointed two new…

Wachovia chooses Transoft's currency management system

July 22, 2004

Wachovia instituted Transoft's OptiCa$h system but branches didn't utilize it fully. Wachovia's John Morris discovered this and began an education campaign.

Mexico's Prosa selects Transoft software for ATM cash mngt.

July 15, 2004

CARY, N.C. and MEXICO CITY - Prosa, the largest transaction processor in Mexico, has chosen the latest version of Transoft International's OptiCa$h and OptiNet…

Antolini, convicted in Tri-State case, gets 7 years for bank fraud

July 12, 2004

TRENTON, N.J. - The only defendant to go to trial in what authorities called the biggest bank fraud in New Jersey history was sentenced to seven years in…

Industry vet Deitel joins Morphis

July 8, 2004

DALLAS - Morphis, Inc., a provider of fully integrated currency supply chain management software, has named Doug Deitel as president and chief executive…

East Coast armored carriers on strike; ATMs could run out of cash over holiday weekend

July 1, 2004

PHILADELPHIA - Armored carriers who service the majority of the ATMs in Pennsylvania, New Jersey and Delaware are on strike, which may affect consumers…

CASE STUDY: ABSA chooses Transoft's OptiCash system

June 29, 2004

When ABSA needed a centralized currency management system, it turned to Transoft for a solution. Read about ABSA's challenge and Transoft's solution in this…

Calif. ISO, KeyBank in ATM marketing alliance

June 27, 2004

CALABASAS, Calif.-Coast ATM, LLC and Cleveland-based KeyBank (NYSE:KEY) have formed a marketing alliance to place ATMs and cash management solutions in…

UK ATM operator raises funds to bring CIT operations in-house

May 26, 2004

LONDON - ATM operator Scott Tod has placed almost £2.5 million (U.S. $4.6 million) in additional shares to fund the rollout of its cash-in-transit venture.

Concern over counterfeit euros grows in Germany

May 6, 2004

HAMBURG, Germany - In Germany's biggest state, North Rhine Westphalia, bank customers have claimed in 26 cases over the past two years that a counterfeit bill…

PDNB to provide cash reconciliation for 7-Eleven's Vcoms

April 18, 2004

PALM DESERT, Calif. - PDNB-Electronic Banking Solutions, a division of Palm Desert National Bank of California, has signed an agreement with 7-Eleven, Inc.

Options for cash control

April 1, 2004

Software and services are essential management tools.

Armored carrier must pay $829,00 in restitution for ATM thefts

March 23, 2004

FORT WAYNE, Ind. - A court ordered a former Brink's driver who admitted to taking money from ATMs to pay $829,000 in restitution to the company and to serve…

Controlling cash-in-transit

February 10, 2004

Managing relationships with armored carriers poses a special challenge for ATM owners, because of the low-tech, labor intensive nature of cash-in-transit. Some…

Morphis in partnership for electronic exchange of ATM cash mngt. data

February 2, 2004

DALLAS and MARIETTA, Ga. - Morphis, Inc., a software provider for the financial and armored carrier industries, and Alliances Services, LLC, an ATM-only…

Honest mall worker turns in $12,400 left by armored company

January 28, 2004

MASSAPEQUA, N.Y. - A maintenance worker at the Sunrise Mall in Massapequa stumbled upon more than $12,000 cash forgotten by the company that fills the mall ATM…