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.

Slimline cashless ATM launches in Africa

August 28, 2013

South Africa's First National Bank has rolled out a Slimline ATM that delivers digital banking services to remote retail locations where business volume does…

Fiserv solution helps Loomis double annual volume

August 22, 2013

Fiserv Inc. has announced that its customer, Loomis Armored US, doubled its item processing volume in 2012 to an average of more than 7 million items per…

California casino bets on GCA redemption kiosks

August 7, 2013

Global Cash Access Inc., a wholly owned subsidiary of Global Cash Access Holdings Inc. and a global provider of cash access, cash-handling…

Kiosk catches counterfeit cash

August 7, 2013

Counterfeit banknotes pose a financial risk to correctional facilities throughout the U.S., but the sheriff's office in Bergen County, N.J., has found a way…

Triton expands VersaSafe product line

August 5, 2013

In response to market and industry needs, Triton has partnered with Ellenby Technologies Inc. to expand the VersaSafe line. New additions include VersaSafe mSL…

Ukraine's UniCredit Bank taps Fiserv for currency supply chain management solution

August 1, 2013

UniCredit Bank Ukraine, part of the multi-national UniCredit Group, has chosen Fiserv and its local partner, Mellon Ukraine, to implement Fiserv Integrated…

Next generation cash management in the cloud

by Brendan Burge

Editor’s Note: Counting on Currency offers the following blog not as a recommendation or confirmation of the solution, but simply as a newsworthy new idea.