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Filtered by Cash Management — 48 articles

John Winchcombe

5 March 2021

3 min read

CashTech News Round-Up

The Dhaka Tribune reports that between March and the end of November 2020, the number of Cash Recycling Machines (CRMs) increased from 266 to 684 in an attempt to make branches less crowded and to lower costs since less cash loading and replenishment of ATMs is needed, along with reduced cash movements, sorting and handling.

ATMs Cash Management

John Winchcombe

2 Feb. 2021

6 min read

NatWest Brings Together the UK Cash Industry

In the three months leading up to 9 December, NatWest, a UK bank, brought together 36 organisations to establish cross industry working groups to improve the environmental performance of the UK’s cash cycle. Three working groups were set up looking at energy, plastics and CO2 to establish best practice and to drive change.

Cash Management Free Future of Cash Free

John Winchcombe

2 Feb. 2021

1 min read

Cash Essentials Launches Cash Glossary

Cash Essentials, the independent initiative that seeks to provide a platform for debate about the payments and monetary ecosystems, has published its first edition of a Cash Glossary. The aim is to give the cash industry a shared vocabulary relating to payments and the cash cycle.

Cash Centre Cash in Circulation Cash Management

John Winchcombe

2 Feb. 2021

5 min read

The Practicalities of Partnership

Bantas is a Turkish based cash in transit (CIT) joint venture between three Turkish commercial banks. With about 1,600 staff, it looks after 48 cash centres, servicing 9,000 ATMs, 2,700 bank branches and 3,300 shops using 425 armoured trucks.

ATMs Cash Centre Cash Management

John Winchcombe

2 Feb. 2021

5 min read

News in Brief

In the UK a company called BitcoinPoint has acted to make owning and using bitcoins easier. They are collaborating with the independent ATM operator Cashzone, who run 16,000 ATMs across the UK.

ATMs Cash Management Digital Payments

John Winchcombe

4 Jan. 2021

2 min read

DNB Commissions Study into Future Cash Infrastructure

The Dutch National Bank (DNB) has commissioned a medium-term study to consider the cash infrastructure needed by the Netherlands. In October 2020 the DNB estimates that cash use at the point-of-sale had fallen to 20%.

Cash Management Country Profile

John Winchcombe

3 Jan. 2021

5 min read

UK Public Accounts Committee Demands Answers

The UK Parliament’s Public Accounts Committee (PAC) reported on the production and distribution of cash at the end of November. PAC was concerned that the cash distribution infrastructure is at risk, there is a lack of urgency in the response of the public bodies responsible with little action, a lack of clarity about the end goal and no realistic plan. Banknote stocks appear unnecessarily high without a clear explanation of why, and coin production appears unsustainable and not cost effective in the light of falling demand.

Cash Management Country Profile Free Free

Alper Sayin

22 Dec. 2020

6 min read

Cash Balance Optimization Using AI & Big Data

Garanti BBVA has developed software using Big Data and Artificial Intelligence (AI) to manage its cash logistics. Alper Sayin, Head of Cash Planning and Operations, has written about his experience introducing this software and how they are using it.

Cash Management Data Analytics

Latest News

CashTech News Round-Up

NatWest Brings Together the UK Cash Industry

Cash Essentials Launches Cash Glossary

The Practicalities of Partnership

News in Brief

DNB Commissions Study into Future Cash Infrastructure

UK Public Accounts Committee Demands Answers

Cash Balance Optimization Using AI & Big Data

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