Protecting Your ATMs and ITMs from Theft, Vandalism, and Cyber Attacks

Man at atm machine

ATM Theft, Vandalism, and Cyber Attacks Are on the Rise ATMs and ITMs are essential customer service points—and frequent targets for criminals. Their visibility and cash access make them vulnerable to physical attacks, fraud, and cybercrime. Alarming Trends: ATM attacks have surged nearly 600% since 2019, peaking in 2021 but remaining high. Insurance claims for … Read more

A Guide to Proper Vault Management and Asset Security

Shields vault management cash concept

Financial institutions know trust isn’t just earned, it’s safeguarded. While cybersecurity often dominates the conversation, physical security, especially in the vault, remains a critical part of protecting customer assets. Cash and coins still flow through branches, and how they’re secured matters as much as how data is encrypted. Armored vault management today is more than … Read more

The Impact of Banking Deserts on Banks and the Community

Banking Deserts and Community Impact

Banking Deserts and Cash Availability The number of bank branches in the U.S. has been declining for decades as a result of bank mergers, online banking, and banks looking for ways to reduce costs. This problem becomes even more pronounced after natural disasters when the demand for cash rises substantially and banks struggle to keep … Read more

The Importance of SOC 2 for the Financial Services Industry

soc 2 for financial services graphic

While having advanced digital technology benefits us all every day, the risks associated with this continue to increase. Each year, cybercrime and data security breaches grow, with more than 3 billion individuals estimated to have been impacted in 2023. The average cost of a data breach to businesses costs around $9.3 million per year and … Read more

The Benefits of Having Multiple Vendors for Your Bank Operations

benefits of multi vendor strategy

Banks and credit unions routinely rely on third-party vendors to process transactions, protect their computer and data systems, service their ATMs, consult on banking operations, and much more. The process of outsourcing allows bankers to focus on their core business operations and the services they provide, while leaving things like ATM management, cybersecurity, and other … Read more

5 Signs You Need a New Cash in Transit Provider

5 Signs You Need a New Cash in Transit Provider

For retail stores and financial institutions, cash is king, and there are few resources as important as a high-quality cash-in-transit (CIT) service. From moving paper currency and coins to cards and other valuables between locations, almost everything that occurs in a business setting is layered on top of the foundation of a trusted and reliable … Read more