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Vault Cash / Cash Management News & Media

Wincor previews topics for Wincor World 2012

June 4, 2012

Wincor Nixdorf has announced topics for its house fair, Wincor World 2012, to be held October 16–18. This year the event will take place in a new venue, the A…

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Automatia opts for CINEO cash recycling systems

May 24, 2012

Wincor Nixdorf today announced that Finland’s largest ATM network operator, which currently provides cash withdrawal to nearly all Finnish bank customers, will…

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Eight in India held for embezzling $486,000 in ATM funds

May 11, 2012

Eight employees of Mumbai-based CMS Security were arrested on Thursday for embezzling Rs 2.6 crore ($486,000) intended for ATM replenishment.

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Open Solutions certifies Burroughs SmartCash currency recycler

April 16, 2012

Open Solutions Inc., a provider of technology to community-based financial institutions, announced today certification of the Burroughs SmartCash currency…

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NZ ATMs fall victim to armored guard strike

April 10, 2012

The ATM woes of Kiwi banks continue. Following a million-dollar ATM skimming scandal, FIs now find themselves in the midst of a union dispute between…

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Webinar explores opportunities for slashing cash-handling costs

Cash won't be going away anytime soon, but a fair amount of the handling costs could be.

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ATMIA US 2012: Options for vault-cash, surcharge-free access

Representatives from Elan Financial Services discuss two of the ATM industry's key matters at the ATMIA US 2012 Conference.

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GRG to launch Cash-4-All suite at ICCOS

March 6, 2012

Cash-4-All, a new intelligent cash and cassette management solution from GRGBanking will debut next week at the International Commercial Cash Operations…

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Commentary: Prospects for cash

by Mike Lee — CEO of the ATM Industry Association, ATM Industry Association

ATMIA's Mike Lee weighs in on why the instinctive human reliance on cash shows no signs of abating.

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Intelligent cash cassettes help bank slash ATM costs

January 20, 2012

Using its CINEO systems, Wincor Nixdorf has helped Volksbank Leipzig greatly reduce ATM cash management costs at its Consulting Center in Taucha, according to…

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BANQIT to use Wincor Nixdorf's CINEO cassette storage technology

January 9, 2012

Cash solution provider BANQIT AB has signed a strategic agreement with Wincor Nixdorf to use Wincor's CINEO banknote storage technology for its Q-CashRouter.

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ATMIA announces program for one-day cash recirculation forum

January 5, 2012

ATMIA Europe has announced that its second annual forum on ATM innovation, "Cash Recirculation at ATMs," will be held in Vienna, Austria on Tuesday, Jan. 24…

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ATM Future Trends 2012 preview: Commentary on EPC initiative to standardize cash storage

Commentators say the provision of an ATM cash cassette standard will decrease maintenance costs.

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Developing countries to see more ATMs

by Terry Dooley — SVP & CIO, ITS, Inc

A worldwide increase in the demand for cash is predicted to boost the global installed ATM base skyward over the next several years. Depending on which report…

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Cash withdrawals in South Africa will peak this week

December 20, 2011

The latest cash withdrawal statistics released by Spark ATM Systems, a South African independent ATM deployer, show that holiday season spending for December…

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Video banking session pits 'PTM' against ATM

by Kim Williams — Reporter, NetWorld Alliance

Coastal Federal Credit Union has 15 units installed, cutting teller headcount by 40 percent.

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Kahuna hires VP of financial solutions

December 7, 2011

ATM industry veteran Mark D. Smith has joined Kahuna ATM Solutions as vice president of financial solutions, according to a company press release.

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Talaris unveils new banknote sorting machine

November 28, 2011

Talaris, a global provider of cash handling solutions, today announced the launch of Nsignia, its latest banknote sorting machine, which handles the valuation…

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Russian Sberbank to license Transoft's cash management software

November 22, 2011

Transoft International Inc., a provider of currency supply chain management solutions, announced that Sberbank of Russia, the largest bank in the Russian…

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Average cash withdrawals in South Africa up again in October

November 7, 2011

Average cash withdrawal values across South Africa – as measured by the Spark Cash Index (SCI) – increased by 1.22 percent from September to October this year.

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