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Vault Cash / Cash Management News

Morphis deploys mobile track-and-trace app for Android devices

June 27, 2017

Morphis Inc., a provider of currency supply chain automation software, has announced its latest cash-in-transit tool, Morphis mTrack for Android devices.

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Cummins Allison compiles counterfeit bill factoids

June 16, 2017

Cummins Allison, a provider of ATMs and check, currency and coin handling solutions, has assembled a list of the seven most commonly counterfeited currencies…

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Aussie banker predicts disappearance of cash from bank branches

May 31, 2017

Cash is likely to disappear from bank branches in Australia in the not-so-distant future as consumers Down Under increasingly turn to digital channels for…

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Cummins Allison helps CIT raise efficiency, reduce costs with currency sorting solution

May 31, 2017

Cummins Allison, a provider of coin and currency handling solutions, has announced that Streamcorp Armoured, an Australian CIT provider, will use Cummins…

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Fifth Third solutions to streamline Boston Market cash management

May 18, 2017

Fifth Third Bank will expand its strategic relationship with Boston Market with the rollout of Fifth Third Currency Processing Solutions at approximately 45…

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Giesecke & Devrient debuts bank note security technologies

May 16, 2017

The former Giesecke & Devrient Banknote business unit debuted as the Giesecke & Devrient Currency Technology independent subgroup at this year's…

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Dubai FI intros smart cash deposit machines for commercial clients

May 4, 2017

Standard Chartered Bank, a Dubai-based FI, has signed a partnership agreement with business support provider Transguard Group that will allow the bank to offer…

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Will South Korea kick coins to the curb?

April 27, 2017

The Bank of Korea announced in 2016 that it had a plan to eliminate coin use in the country by 2020.

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Wal-Mart links with Amex Bluebird for mobile funds transfer

April 27, 2017

Walmart and American Express have introduced a new service that will enable Bluebird prepaid debit cardholders to to digitally send money for cash pickup at…

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ATM deployers in India getting only half the cash they need

April 21, 2017

India's citizenry isn't taking to the concept of a cash-less economy quite as enthusiastically as Prime Minister Narendra Modi had hoped.

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India may ease foreign investment rules for ATM, cash management firms

April 17, 2017

India might be on the verge of changing its foreign direct investment policy for the ATM industry in order to encourage the inflow of monetary resources into…

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Study: Credit transaction amounts fall — along with cash use

April 14, 2017

Consumers are increasingly using credit cards to pay for small transactions, according to a new CreditCards.com survey.

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Need cash? If you're in Hyderabad, that might be a problem

April 14, 2017

On March 13, the Reserve Bank of India lifted the cap on ATM withdrawals it had imposed in November, when demonetization of India's most popular banknotes set…

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Cash-loving Europeans get a new 50 euro banknote

April 7, 2017

The fourth entry in the European Central Bank's Europa series — the 50 euro banknote — started circulating this week, according to an announcement from the ECB.

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Transguard, Gunnebo extend smart cash partnership in UAE

March 3, 2017

Transguard Group has extended its partnership agreement in the United Arab Emirates with Gunnebo, a provider of retail cash management solutions.

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iTellio, Morphis partner to integrate solutions for ATM, cash management

February 17, 2017

iTellio, a cloud-based ATM management platform for independent ATM deployers, has teamed with Morphis Inc. to deliver a cash forecasting solution for small and…

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State Bank of India eases ATM cash withdrawal limits

January 17, 2017

The State Bank of India has raised its cap on the amount of cash that cardholders are allowed to withdraw at the nation's ATMs. The cap on per-transaction…

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Saudi ATMs reject new bank notes

January 9, 2017

Two weeks after Saudi Arabia introduced new bank notes, many of the nation's ATMs still won't accept them.

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Short on replacement currency, Venezuela extends bolivar exchange deadline

December 22, 2016

Venezuela's largest denomination banknote is still going away — just not as soon as originally planned.

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WorldRemit launches cash pickup service in Lebanon, Algeria

December 22, 2016

Digital money transfer service WorldRemit has launched a new cash pickup service in Algeria and Lebanon, according to a press release.

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