Cash Handling
Cash Handling
Why cash handling is important for the retail industry
Jeff Hauser, a marketing executive and retail market expert here at ARCA, shined a light on a few of the reasons why cash handling is so important.
Bank Cash Handling
Retail Cash Handling
Cash Handling
Build trust in your bank through technology
Discover how cash automation like teller cash recyclers helps banks build trust, enhance customer relationships, and drive growth through improved efficiency and personalized service.
Bank Cash Handling
Cash Recyclers
Cash Handling
Banks must continue adapting to consumer preferences
Across the country, many in the banking industry have likely noticed that the ways in which consumers prefer to do their business at local branches are changing rapidly. Technology has certainly made this issue one to monitor, but it has also altered the evolution of consumer needs and desires.
Bank Cash Handling
Cash Handling
A hybrid approach to banking: how to satisfy all your customers
There was once only one way to bank. You had to physically go to your local branch to complete your transactions. You had an actual conversation with a person and then waited while the teller performed your transaction. Today, there are many more options. Not only can contemporary customers choose from a wide array of banks, they also have numerous options in terms of how they interact with the bank of their choice.
Bank Cash Handling
Cash Handling
Financial institutions get fit with hub and spoke
Like rumors of Mark Twain’s death back when, the demise of bank and credit union branches may be an exaggeration. Nevertheless many financial institutions know that in order for branches to survive they need to join the fitness craze by adopting a leaner approach to physical locations. Shifting consumer activities through mobile and Web channels is driving the transformation to the long-established branch-banking model. Financial institutions on the forefront of the change realize that a branch’s future depends on how well they adapt to changing accountholder needs and improved branch network efficiency.
Bank Cash Handling
Cash Recyclers
Check scanners: how modern banks optimize check processing
Check scanner technology has transformed check deposit and processing, offering both efficient in-branch teller image capture and the convenience of remote deposit capture (RDC) for businesses and consumers.
Retail back office
By automating back office cash operations, retailers can significantly reduce cash management costs and directly increase profits. The costs of cash management — counting, storing, securing and transporting it — are staggering. Theft risk accounts for the majority cash costs for retailers with businesses losing about $40 billion annually from cash theft alone.
Universal banker
Universal Banker. Universal Teller. Universal Agent. No matter what you call them, you can’t argue they’re popping up at banks and credit unions everywhere. Many institutions are “banking” on the success of these highly-trained super associates as a way to combat issues like declining branch traffic and rising operational costs.
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