It’s time to rethink how we manage the cost of cash.
The headline I have borrowed from a nice article by Suzanne Cluckey on ATMmarketplace.com(*). Despite the “cashless” trend in some of the developed countries, in many other countries, the volume of the cash in circulation is growing up. Even if the usage of cash in is shrinking, surprise surprise, the cash management related expenses are growing up, as it is stated by McKinsey & Company(*). The Company has also stated the cost of cash represent 5 to 10% of the bank’s overall operating cost (2). Therefore, if the cost of cash can be lowered even by 10 %, it can...
Teller Assist Units (TAU) are a key factor in the security of personalized banking services in branches
The article is based on the publication in PLUSworld.ru, https://www.plusworld.ru/, that in turn is based on the RBR information. We have translated the article and only slightly edited it. Please click on the link to find out what TCR equipment is distributed by SPL GROUP? The deployment of TAUs with the cash recycling function continues throughout the world. The increasingly active introduction of TAUs with the recycling function is due to the desire of banks to improve the efficiency of service processes. According to RBR's new research, banks remain committed to the branch network as the main channel for delivering...
SECURECASH DEPOSIT | SCD | THE MOST VERSATILE DEVICE ON THE MARKET
As promised in our previous blog, we are announcing the availability of a new model of our popular Retail Recycler. It is Secure Cash Deposit (SCD). SECURECASH DEPOSIT (SCD) THE MOST VERSATILE DEVICE ON THE MARKET COMBINES THE FUNCTIONALITY OF RETAIL RECYCLER’S, CASH STORAGE VOLUME OF SMART-SAFE, AND SECURITY OF ATM. This means a closed and safe cash cycle, eliminate the risks related to handling the collected cash at the point of sale. “SecureCash Deposit” device is the further development of our SecureCash portfolio. It allows cash management to be improved directly at the cashier working place, completing...
Message to POS suppliers | SecureCash
Am I exaggerating when I say that pretty much every Retailer is dreaming of the day when Cash Sales are as Simple and Secure as Card based Sales? Time consuming and error prone activities like Counting Cash, Counterfeit Notes, Security, Shrinkage, Robbery, Storage, Hygiene, Bank Account Deposit and CIT related expenses are all too familiar challenges for the Point-of-Sale Retailer, handling Cash at the Point-of-Sale. New Technology is making our lives easier and safer through the use of Connected Systems, and now Smart Systems can potentially eliminate these “Challenges” in the Point-of-Sale Retail environment. I am certain that you, and...
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ATM GDPR (2)
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Black Box (3)
Cash Management (1)
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Point-of-Sale (5)
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