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Vault Cash / Cash Management News

Triton to integrate bill recycling into ARGO 7 ATM

February 12, 2014

Fujitsu Frontech North America Inc. and Triton Systems of Delaware LLC, have announced that they will offer the Fujitsu G60 bill recycling unit in the ARGO …

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Cash management solution promises improved cost-efficiency

February 3, 2014

Operators typically overload ATMs with cash to the point where associated costs account for up to 60 percent of all operating costs, according to financial…

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Partnership forms new cash automation business

January 22, 2014

Custom Vault Corp. division BranchServ, a provider of security equipment and service for FIs, has announced a vendor alliance with Nautilus Hyosung that will…

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For Bank of England, pounds of plastic

December 19, 2013

The Bank of England will switch from cotton paper to plastic polymer for its next-issued 5 pound and 10 pound banknotes. The first polymer note will be the …

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CetoLogic's C³ Financial helps Dunbar Armored clients place cash orders

December 16, 2013

CetoLogic, a provider of coin and currency software and analytics solutions for financial institutions and retailers, announced that its C³ Financial solution…

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European ATM operators prepare for new €10 banknote

December 9, 2013

The most recent newsletter for ATMIA Europe included a European Central Bank update on plans for the introduction of the new Europa Series €10 banknote. ECB…

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Cash recycling ATMs catch on at UniCredit

November 11, 2013

UniCredit, a Milan, Italy-based banking and financial services company with more than 9,000 branches, is adding cash recycling capabilities to the ATM fleet at…

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Saudi bank first in GCC to offer online deposit

November 1, 2013

Al Rajhi Bank, a Saudi Arabian FI with $59 billion in assets, will be the first bank in the Gulf Cooperation Council to offer online deposit for corporate…

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G4S rejects bid for its cash solutions, ATM management business

October 29, 2013

International security solutions group G4S PLC, a provider of ATM and cash management services, has "firmly rejected" an offer from Charterhouse Capital…

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US banks boost ATM cash as gov't default looms

October 4, 2013

As a precaution against a possible loan default by the U.S. government and ensuing consumer panic, U.S. banks are stocking ATMs with extra cash.

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The downside of cashless: An ATM shortage

September 20, 2013

Living in a cashless society is fine — until you want cash, as citizens of Sweden have discovered. Then just try and find an ATM. 

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Unbridled inflation causes currency shortage in Venezuela

September 18, 2013

This has got to be a cash-handling logistics headache for ATM operators in Venezuela: With the country's economy reeling in a state of hyper-inflation, the…

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Slimline cashless ATM launches in Africa

August 28, 2013

South Africa's First National Bank has rolled out a Slimline ATM that delivers digital banking services to remote retail locations where business volume does…

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Fiserv solution helps Loomis double annual volume

August 22, 2013

Fiserv Inc. has announced that its customer, Loomis Armored US, doubled its item processing volume in 2012 to an average of more than 7 million items per…

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California casino bets on GCA redemption kiosks

August 7, 2013

Global Cash Access Inc., a wholly owned subsidiary of Global Cash Access Holdings Inc. and a global provider of cash access, cash-handling…

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Kiosk catches counterfeit cash

August 7, 2013

Counterfeit banknotes pose a financial risk to correctional facilities throughout the U.S., but the sheriff's office in Bergen County, N.J., has found a way…

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Triton expands VersaSafe product line

August 5, 2013

In response to market and industry needs, Triton has partnered with Ellenby Technologies Inc. to expand the VersaSafe line. New additions include VersaSafe mSL…

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Ukraine's UniCredit Bank taps Fiserv for currency supply chain management solution

August 1, 2013

UniCredit Bank Ukraine, part of the multi-national UniCredit Group, has chosen Fiserv and its local partner, Mellon Ukraine, to implement Fiserv Integrated…

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GRG lands contract for largest cash recycler network in Vietnam

July 19, 2013

In accordance with a recently signed contract, Vietnam's DongA Joint Stock Commercial Bank will purchase 250 units of the GRG H68N Series cash recycler from…

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Italy's UniCredit opts for CINEO systems, services from Wincor

June 28, 2013

UniCredit, the largest bank in Italy, will gradually procure ATMs and cash recycling systems from the new Wincor Nixdorf CINEO generation over the next three…

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