Why Smart Safes Are Becoming a Must for Modern Cash Management Even as digital payments grow, many businesses still rely on cash. Retail stores, convenience stores, restaurants, and other cash-heavy operations spend significant time on error-prone tasks such as counting deposits, reconciling drawers, and transporting funds. For banks serving these businesses, helping streamline cash management … Read more
Cash isn’t just at risk while it’s on the road. It’s also exposed at every step, from counting and loading to handoffs and data management. The right provider builds security into every part of the process, not just the transport itself.
Here’s what to consider:
In a world of 24/7 expectations and digital payment competition, even brief downtime can have major consequences. The good news? With the right strategy and partner, you can keep your ATM network running smoothly.
Starting in 2026, the U.S. Mint will no longer make the penny. The end of the penny will impact individual consumers and businesses, but perhaps its greatest impact will be on financial institutions across the Northeast and the rest of the country.
Bank security used to be simple. A solid steel vault, a reliable lock, and an armed guard were once all that was used to keep cash and valuables protected. Fast forward to today, and the landscape looks very different. Banks and credit unions now operate in a world where security threats are as likely to … Read more
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
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
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
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
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