Coming up this month: ICCOS EMEA 2014

by Brendan Burge

The Cash Cycle Seminar is just around the corner, taking place Feb. 24–26 in Istanbul, Turkey. This seminar is the EMEA currency event to attend, with more…

Cash management solution promises improved cost-efficiency

February 3, 2014

Operators typically overload ATMs with cash to the point where associated costs account for up to 60 percent of all operating costs, according to financial…

Polymer banknotes: On the other side

Polymer notes will save the Bank of England billions, but at what cost to ATM operators and others in the cash-handling industry?

Partnership forms new cash automation business

January 22, 2014

Custom Vault Corp. division BranchServ, a provider of security equipment and service for FIs, has announced a vendor alliance with Nautilus Hyosung that will…

Counting on currency again!

by Brendan Burge

With a New Year upon us, what better way to celebrate a fresh start than to relate a recent experience that highlights the persistent truth that we are…

For Bank of England, pounds of plastic

December 19, 2013

The Bank of England will switch from cotton paper to plastic polymer for its next-issued 5 pound and 10 pound banknotes. The first polymer note will be the …

Will retail cash recycling result in lower quality cash?

by Brendan Burge

Many of the manufacturers of retail cash smart safes are starting to talk about the viability of smart safe recycling devices. It is widely accepted that…

Spending cash turns out to be expensive

by Terry Dooley — SVP & CIO, ITS, Inc

Using cash is costing Americans $200 billion per year. This amounts to an average of $1,739 per household, according to a new study by the Fletcher School at…

CetoLogic's C³ Financial helps Dunbar Armored clients place cash orders

December 16, 2013

CetoLogic, a provider of coin and currency software and analytics solutions for financial institutions and retailers, announced that its C³ Financial solution…

European ATM operators prepare for new €10 banknote

December 9, 2013

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…

Will businesses be forced to pay for polymer notes?

Polymer notes have undeniable benefits, but these come at a cost to ATM deployers and others involved in the cash cycle.

Cash recycling ATMs catch on at UniCredit

November 11, 2013

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…

Saudi bank first in GCC to offer online deposit

November 1, 2013

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…

G4S rejects bid for its cash solutions, ATM management business

October 29, 2013

International security solutions group G4S PLC, a provider of ATM and cash management services, has "firmly rejected" an offer from Charterhouse Capital…

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

by Richard McMurdo — Principal Consultant, Talaris

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…

Reinventing cash in transit

by Brendan Burge

The inaugural conference of the Secure Cash & Transport Association was held last week at the Drake Hotel in Chicago. As an attendee of this first event, I…

US banks boost ATM cash as gov't default looms

October 4, 2013

As a precaution against a possible loan default by the U.S. government and ensuing consumer panic, U.S. banks are stocking ATMs with extra cash.

The downside of cashless: An ATM shortage

September 20, 2013

Living in a cashless society is fine — until you want cash, as citizens of Sweden have discovered. Then just try and find an ATM. 

Unbridled inflation causes currency shortage in Venezuela

September 18, 2013

This has got to be a cash-handling logistics headache for ATM operators in Venezuela: With the country's economy reeling in a state of hyper-inflation, the…

The death of cash: just an urban myth?

It might depend on the ability of alternative payment methods to prove that they're just as convenient.