Cash Connect expands staff to meet growth demands

August 3, 2011

Vault-cash provider Cash Connect is adding staff to its total cash management (TCM) area and its technology group to meet business growth demands. According to…

Bribery scandal halts £5 polymer banknotes printing deal

July 27, 2011

According to The Age, the Bank of England has cancelled a secret order to print £5 banknotes on polymer material supplied by Securency International, a Reserve…

New Nigerian banking policy aimed at reducing money laundering, transaction costs to customers

July 24, 2011

Lamido Sanusi, governor of the Central Bank of Nigeria (CBN), on July 21 discussed the rationale behind the new banking policy in the country aimed at reducing…

EPC pushing for standardized ATM cash cassettes across Europe

July 13, 2011

The European Payments Council is pushing for same-size cassette standardization for the continent's estimated 400,000 ATMs in an effort to cut costs, Finextra…

Robbers steal $1 million in cash from ATM security company

July 7, 2011

According to the Los Angeles Police Department, three men held three employees of Commonwealth International, a security service that transports money from…

Metro Cash & Carry implements GRG cash management solution

June 27, 2011

Metro Cash & Carry has closed its sales contract with IT Service Retail & Banking Company (ITS), an exclusive sales partner of GRG Banking Equipment…

Itautec debuts touchless 3-D ATM, cash recycling model at CIAB Febraban

by Kim Williams — Reporter, NetWorld Alliance

The company plans to bring several of its ATM models to the U.S. market later this year.

Cash recycling offers FIs efficiency, security benefits

Decreasing lost funds and theft helps justify the expense of new equipment.

Is polymer the ultimate counterfeit deterrent?

by Brendan Burge

Counterfeit detection is certainly the most troublesome and costly responsibility for those in the cash handling business. There is not a country in the world…

Controlling Interchange Fees with Smart Safes

Interchange fees can wipe out the profits on a small transaction. There is a way, however, to minimize those expenses.

Presented by Triton

Four indicted for skimming $1.5 million from banks' ATMs

June 12, 2011

The United States Attorney for the Southern District of New York has indicted four men for allegedly skimming $1.5 million from ATMs and PIN Pads owned by…

U.K. ATM deployer launches mobile-phone text-messaging game

"We really wanted to find a way to give something back to our loyal customers as a means of setting our machines apart from competitors," said Ron Delnevo…

Diebold forms ATM-security partnership in Russia

June 2, 2011

Diebold Inc. and AxxonSoft, a Moscow-based international provider of software security and video surveillance systems, have announced a technological…

Judge sentences two in million-dollar ATM Solutions robbery

The robbery of ATM Solutions occurred last summer when four gunmen forced their way into the independent ATM deployer's warehouse and tied up two employees.

Banks are still where the money is, but thieves are much more skilled

Today's thieves, however, are new-style bank robbers because they are technicians who can steal money from an ATM by adjusting the computer code, ordering the…

GRGBanking subsidiary signs ATM-outsourcing agreement

May 16, 2011

GRG Suitong Banking Service Co., Ltd., a subsidiary of GRGBanking, has signed an ATM-management services agreement with Citibank China.According to the…

Cash Connect moves into a larger facility

May 1, 2011

Employees of Cash Connect, a Newark, Del.-based ATM vault cash provider, today began work in a new and a larger facility.Cash Connect's new building, which…

AlarmIt introduces security system that protects ATMs from internal theft

April 25, 2011

AlarmIt Security Solutions announced yesterday that it has developed a security system that prevents internal thefts by ATM company employees.

European Commission approves Wincor Nixdorf joint venture with Giesecke & Devrient

Wincor Nixdorf and Giesecke & Devrient announced in January the joint venture, CI Tech Components AG, as part of a broader partnership between the companies.

Cardtronics signs ATM-deployment deal with pawn shop operator

EZMONEY, which provides short-term loans usually no longer than two weeks, operates 444 stores in the United States and 51 stores in Canada, according to…