The Present and Future of Automation

Although the first steps toward automation were taken by the Ancient Greeks, it was with the Industrial Revolution of the 18th Century, together with the discovery of electricity and the electrical inventions of the 19th Century that it truly advanced.
The use of technology has been gathering pace for many years. Many people talk of a fourth industrial revolution, also known as Industry 4.0. Artificial intelligence also enables machines to undertake tasks that previously had been performed exclusively by people.
Automated processes simplify cash handling throughout the cash economy, from banknote printers to central and commercial banks, through to cash-in-transit companies and casinos. Advanced banknote processing systems are filled automatically. Note authenticity and fitness for circulation are tested in fractions of a second, and they are also packed on an automated basis. All of these factors boosts productivity and security in cash management.

However, this is by no means the limit of cash economy automation. Find out more.