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Vault Cash / Cash Management News

ARCA, Spinnaker partner on cash movement compatibility

May 4, 2016

ARCA, a provider of cash automation technology, and Spinnaker International, a manufacturer of intelligent banknote neutralization systems, have announced the…

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NCR Reconciliation simplifies daily ATM cash, transaction balancing

May 3, 2016

NCR Corp. recently introduced new software to help financial institutions reconcile cash transactions and replenishments across their self-service device…

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Cash crisis forces shutdown of Zimbabwean ATMs

April 15, 2016

The country is so short on hard currency that in order to initiate a cash withdrawal, bank customers must queue up and wait for someone else to make a cash…

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FNB, Cummins Allison collaboration boosts branch efficiency

March 22, 2016

A trio of new cash-management devices will allow First National Bank of St. James, Minnesota, to improve its customer service, Cummins Allison says.

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Sweden's central bank calls for restraint in dash to cashlessness

March 18, 2016

Riksbank cites 'a high risk' that cash will disappear before alternative means of payment have become widespread, causing financial harm to some Swedish…

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Bank of England to unveil polymer fiver design in June

March 14, 2016

In a recent speech, Chief Cashier Victoria Cleland thanked the cash industry for helping 'to ensure a smooth transition to polymer.'

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New report examines the stakes in the cash debate

March 10, 2016

International payments industry expert Guillaume Lepecq argues that the global demand for currency has grown in parallel with electronic payments, and for good…

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Harvard paper calls for elimination of high-value bank notes

February 8, 2016

Phasing out the U.S. $100 bill, the 500 euro note, the British 50 pound note, and the Swiss $1,000 franc note would disrupt criminal activity, the author says.

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Arca acquires French cash processing system manufacturer

February 8, 2016

The acquisition of Traidis will present new market opportunities for Arca in France, the company says.

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De La Rue to slash banknote production by 25 percent

December 2, 2015

Increased competition, the rise of durable plastic banknotes and growth in cashless transactions account for decreased production demand.

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Glory introduces 'plug and play' electronic teller drawer

October 13, 2015

The Vertera ETD authenticates, counts, validates, stores and recycles deposited banknotes and then dispenses them automatically as needed.

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Study: Noncash payments growing faster than GDP

October 9, 2015

Growth has likely been propelled by economic recovery in mature markets, rapid expansion in China, adoption of mobile and contactless, and faster payment…

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Wincor grows cash handling business with Brink's buy

October 8, 2015

Wincor will acquire the business, infrastructure and employees of Brink's Netherlands and integrate them with its existing subsidiary, SecurCash.

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Sectran turns smart safes into 'virtual tellers' with Morphis app

September 28, 2015

SmartSafeManager software allows Sectran to extend provisional credit to merchant customers as long as money is secured in the store's smart safe.

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Qatari CIT firm goes 'end-to-end' with cash management software

August 31, 2015

Hemaya Security Services says its newly implemented CashWebCommunity software allows real-time collaboration with customers for greater supply chain…

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Wincor, Nokas partner to offer cash optimization for Benelux retailers

August 28, 2015

The companies have launched a joint venture to provide cash management services, deposit solutions and cash-handling optimization for retail operations and…

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Chinese FI aims to take ATM cash management savings network-wide

August 24, 2015

After saving 20 percent on cash management costs in a limited pilot, ICBC Zhongshan is rolling out NCR Aptra OptiCash to its entire 600-unit network.

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Stakeholders organize to discuss US cash handling standard

August 5, 2015

A variety of interests are working to devise a framework for identifying, tracking and exchanging information about cash as it moves through the supply chain.

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Glory integrates cash recyclers with Jack Henry teller software

May 29, 2015

Glory will incorporate its latest generation of teller cash recyclers into the Vertex Teller Automation System from Jack Henry, the company says.

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Wincor, AutoRek partner on ATM cash reconciliation deal

May 15, 2015

Under the agreement, UK-based AutoRek will implement its reconciliation software and provide reports for a Wincor banking customer.

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