It’s been just over 50 years since the introduction of Automated Teller Machines (ATM) to the United States, and it is hard to imagine the modern banking landscape without them. They provide secure and convenient access to funds 24/7/365, without the challenges of staffing and servicing. In recent years, as functionality has expanded, they have … Read more

How Cannabis Dispensaries Can Effectively Manage their Cash: Best Practices for Cash Management The cannabis industry is rapidly growing, seeing more and more legal sales each year. In fact, legal cannabis sales are expected to reach $71 billion by 2030. With legalizations along the Northeast Coast piling up, the industry is growing faster than the … Read more

Enhancing Bank Customer Service with ITMs New technology sometimes comes with the unwanted result of alienating customers or leaving them fending for themselves in an increasingly isolated and digitized world. For banks and credit unions, over-relying on these forms of tech can sever crucial customer-bank relationships. To combat this potential problem, financial institutions are now … Read more

Financial institutions, government agencies, medical facilities, and companies across the globe are facing rising security threats—both online and at their physical premises. According to The State of Ransomware in Financial Services 2023, financial institutions have seen a rise in ransomware assaults from 55% in 2022 to 64% in 2023, nearly double the 34% recorded in … Read more

As banking professionals know, while cash transactions are decreasing overall, cash is not going away anytime soon. As we highlight in our recent post, large swathes of our population, as well as the majority of businesses—85%!—still rely on cash for a significant portion of their purchases and operations. That’s why secure and efficient cash handling … Read more

Whether you’re in the financial services industry or help run another business or organization that frequently handles cash transactions, you may find yourself overwhelmed by the burden of managing cash logistics, from front-facing cash handling to secure cash transportation. While more and more transactions go digital, physical currencies are still an integral part of commerce … Read more