The cost of manufacturing banknotes and coins

by Brendan Burge

In recent months there have been a number of articles related to the cost of creating and maintaining cash in society.

Wincor Nixdorf launches cash-recycling management system

Deployment of envelope-free ATMs has increased the amount of cash available in bank branches.

Cardtronics announces management reorganization

Cardtronics Inc. yesterday announced a major reorganization of its United States operations. The reorganization aligns the company's key business units with…

Survey shows strong interest in intelligent-deposit ATMs

October 13, 2010

A survey of top financial institution executives contains good news for ATM manufacturers that want to sell intelligent-deposit ATMs and teller cash recyclers…

FBI agents arrest two women for ATM Solutions robbery

October 3, 2010

FBI agents have arrested and charged two women in connection with the armed robbery of the St. Louis office/warehouse of ATM Solutions Inc. News reports…

Jonathan Judge named First Data CEO

First Data Corp. has named Jonathan J. Judge CEO. Judge, who began his new job today for Atlanta-based First Data, succeeds Joe Forehand, First Data’s…

ATM USA signs contract with Florida credit union

September 21, 2010

ATM USA, LLC has signed a contract to manage and deploy ATMs for a Jacksonville, Fla.-based credit union, said Randy Locklier, who handles business development…

Turkish bank places large ATM order with GRG

September 6, 2010

GRGBanking Equipment (HK) Co., Ltd. Monday announced that it signed a large ATM contract with a Turkish bank, and if the machines’ performance exceeds bank…

Wells Fargo keeps some of its ATMs on ice

David M. Parker, Wells Fargo & Co.'s vice president of ATM Banking, describes the financial institution's network this way: "We have ATMs coast-to-coast and…

Ukraine bank selects OptiCash for currency management

August 22, 2010

Raiffeisen Bank Aval in Kiev, Ukraine, has selected Transoft International Inc.’s OptiCash to manage the bank’s cash-management systems and to provide cash…

NCR signs ATM-management services contract with UK bank

August 18, 2010

NCR Corp. has signed an ATM outsourcing-management agreement with Barclays Bank PLC in a deal that highlights the ATM manufacturer’s customer care center near…

Triton issues dramatic ATM security warning

Triton has issued a dramatic security alert to its customers after an ethical hacker figured out a way to get Triton ATMs to dispense all of their vault cash.

Armored car service accused of misappropriating millions from ATM ISO

August 8, 2010

Cardtronics Inc., the world’s largest non-bank owner of ATMs, alleges Mount Vernon Money Center, a third-party armored-car service provider, may have…

ATM Solutions offers reward for information about robbers

August 4, 2010

ATM Solutions Inc. Wednesday offered a reward of up to $150,000 for information leading to the arrest and conviction of four masked gunmen who robbed the…

Gunmen rob ATM Solutions Inc.

August 2, 2010

Four-masked gunmen Monday robbed ATM Solutions Inc.’s St. Louis’ office and warehouse before escaping in one of the company’s armored trucks, according to…

Hacker gives ATM officials a security lesson

July 28, 2010

 ATM manufacturers must use knowledge gained from an ethical hacker who discovered a way to force off-premise ATMs to dispense vault cash without  PINs, said…

GRG Banking announces solution to streamline cash handling

May 23, 2010

GRG Banking Equipment HK Co. Ltd., a subsidiary company of GRG Banking, has announced the availability of a new cash intelligence solution, which includes…

Retail veteran joins ArcaTech advisory council

April 27, 2010

ArcaTech Systems has announced the appointment of longtime retail executive Paul C. Butka to the company's Retail Advisory Council.   "Paul's experience and…

Transoft CEO honored as Top 50 entrepreneur in N.C.

April 1, 2010

The president and CEO of Transoft International Inc., Bo H. Holmgreen, has been named by Business Leader Media as one of the Research Triangle's 2010 Top…

Egan, MVMC COO indicted for defrauding ATM customers

The Department of Justice announced last week that the alleged ATM fraud associated with Mount Vernon Money Center is now thought to be four times greater than…