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Vault Cash / Cash Management News & Media

Australia criminalizes cash purchases over $10K

May 15, 2018

The Australian government has announced that, starting in July 2019, it will be unlawful to conduct a cash transaction of more than 10,000 Australian dollars…

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St. Louis card processor deploys cash discount program

May 7, 2018

St. Louis Merchant Services, an independent credit card processing company serving small to mid-size businesses, has partnered with SignaPay Ltd. to offer that…

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When ATM cash recycling makes sense

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Neill Harris of NCR Corp. offers an in-depth look at the demonstrated benefits of ATM cash recycling, and the three simple steps that all deployers — whether…

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Are your ATMs jackpotting bait?

How big a threat is jackpotting for your ATM fleet, and how can you mitigate that threat? In a free one-hour webinar on Thursday, security experts answer both…

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Morphis intros intuitive omnichannel cash forecasting tool for FIs of any size

April 23, 2018

Morphis Inc., a provider of currency supply chain management software, has introduced Morphis-IMF Intuitive Monetary Forecasting.

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India's cash woes just won't quit

April 20, 2018

ATM cash outages are again an issue in India, nearly 18 months after Prime Minister Narendra Modi's government sent the banking industry into turmoil by wiping…

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Springfield, Missouri's largest CU opts for Arca cash recyclers

April 17, 2018

BluCurrent Credit Union of Springfield, Missouri, an institution with more than $140 million assets and three branch locations serving nearly 20,000 members…

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Coinstar solution lets consumers pay bills with cash

April 16, 2018

Coinstar, a provider of self-service coin counting kiosks, and doxo, a web and mobile bill payment solution, have partnered to provide a cash bill pay service…

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Filthy lucre? Clean it up in the 'Hygenic Teller Machine'

April 13, 2018

Two Turkish high school students have invented a machine that disinfects banknotes with ultraviolet light, according to a report by Anadolu Agency.

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'We're not in Kansas anymore': Summit focuses on elevating CX in a digital banking world

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

With a lot of courage, heart and brains, Suresh Ramamurthi and his wife Suchitra Padmanabhan turned a failing bank into a fintech phenom in tiny Weir, Kansas.

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Is 'Cash Rebellion' brewing in Sweden?

April 6, 2018

In Sweden, there's a name for it: Kontantupproret. That translates to "Cash Rebellion," the name chosen by a group of Swedes who are speaking out against the…

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Is cash losing cachet with travelers?

Cash isn’t going anywhere for travelers, given its convenience and ubiquity. But with mobile and digital options gaining popularity around the world, we can…

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4 in 10 US millennials find paying with cash 'inconvenient,' study finds

March 29, 2018

New research from Capital One suggests that cash use is on the wane in America.

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8 in 10 Canadians choose cards over cash for payments

March 29, 2018

Like their American counterparts, Canadians are becoming card-first buyers, with nearly 8 in 10 (79 percent) going to that payment method first when making a…

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Bremer Bank, ARCA partner on teller cash recycler rollout

March 21, 2018

Bremer Bank, a regional financial services provider based in St. Paul, Minnesota, has teamed up with ARCA, a provider of cash automation solutions, on an array…

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CPS acquires bank note sorter specialist iCubed

March 21, 2018

Cash Processing Solutions Ltd., has acquired iCubed Technologies Ltd., a specialist in the design, development and enhancement of bank note processing systems.

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The strangely simultaneous rise of cards and cash

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Cash demand has risen right along with payment card transactions during the past decade-and-a-half. What's up with that? We went looking for an answer in…

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7 in 10 Swedes want to retain cash as payment option

March 20, 2018

Approximately 68 percent of Swedes want cash to remain a payment option in the future, compared with 25 percent who want a completely cashless society…

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Restaurants popularize order-and-pay, but 2 in 5 patrons still use cash

March 13, 2018

Restaurant checks paid via mobile app grew 50 percent last year, according to a study from NPD Group. However, cash still accounts for 2 in 5 restaurant…

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Michigan CIT streamlines customer cash ordering with MorphisOnline.net

March 6, 2018

Total Armored Car Services Inc., the only independently owned and operated armored carrier in the state of Michigan, has announced that the company is now…

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