Digitalization across the Cash Cycle

The Benefits of Intelligent Networking with Maximum Security

There’s no question that digitization has long been an integral part of cash management. Online banking is on the rise. Loans are issued digitally. Services are more readily accessible, more transparent, and often available around the clock. Customers pay by cash card, contactless via NFC technology or using a payment app. In addition, fintechs and the digital Bitcoin currency are new players on the market. The financial sector is more fast-moving and volatile than it has ever been,

and today we find ourselves in the age of the Internet of Things, in which computers and their applications interact with other objects. Nowadays, ATMs are closely networked and send out a synchronized update on their current cash level. Banknote processing systems collect the serial numbers and information on the condition of the notes during authentication and fitness testing. This means that Big Data solutions enable the entire cash cycle to be optimized, whether by reworking banknote design, or through detailed, accurate capacity planning for the utilization of personnel and machines. At the same time, remote services make it easier to maintain the systems.

Read about the benefits and challenges that smart networking brings to this high-security environment.

Future Forecasts

Regarding the cash supply, e.g. after natural events like earthquakes, data intelligence offers crucial insights to handle all information and derive the right decision. Due to its ability to visualize, analyze and simulate disasters, it can dramatically change humanitarian operations and crisis management. 

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The Age of Smart Everything needs Smart Security

When consumer expectations of convenient, functional, and service-oriented apps collide with security, time is needed to bridge that gap.

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Building a Digital Bridge Between Technologies and Players in the Cash Cycle

In an increasingly digitalized world, central and commercial banks require new and smart solutions. Intelligent automation is the key to more efficiency in the cash cycle. Currency News spoke to Wolfgang Kneilmann, Head of the Currency Management Solutions and Member of the Management Board at G+D Currency Technology.

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Fit or unfit? The right balance is essential

Banknote checking in the cash cycle requires central banks to ask how best to navigate the path between quality and cost. A software program helps to determine optimum sorting thresholds.

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How to survive the next (industrial) revolution

Welcome to Planet Lean during a new age of digitalization. Here’s some help for navigating the opportunities and uncertainties arising from this great wave of technological change.

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The Connected Banknote

Cash and software complement each other beautifully: The cost-efficiency of banknotes in production and in the cash cycle can be significantly improved with the aid of Artificial Intelligence (AI).

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G+D Data Intelligence™: A Transparent View of Banknotes

Banknotes can be produced more efficiently if the rate of printing faults is reduced. Single note inspection alone is not enough, but with smart analysis software, printing plants can use their data to limit the number of faults in the process...

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