Optimize bank processes with a closed cash cycle
Cash is expensive and, due to low interest rates and rising cost pressures, it is an important factor for the economic efficiency and competitiveness of banks and savings banks.
They are facing the challenge of maintaining an optimized method for dealing with cash and achieving increases in efficiency in the cash supply, whilst at the same time securing the population’s cash supply.
High-availability cash recycling systems with a closed cash cycle can replace ATMs, teller and night safe combinations, as they combine all transactions for deposit and withdrawal in one single device.
The more process steps that are eliminated in the cash cycle, the greater the savings.
By closing and optimizing the cash supply and disposal cycle, branches can increase their economic efficiency.
More time for sales activities
Bank employees can devote more time to sales activities, as time-intensive business transactions are moved from the counter to the self-service area and are processed efficiently on the cash recycling device.
Cash recycling is an important factor in supporting self-service sales strategies and implementing modern branch concepts.
Global market leader in cash recycling
The fact that it has taken only a decade for recycling technology to revolutionize the banking processes is thanks to the pioneering role and comprehensive expertise of KEBA: In the 1990s KEBA presented its first ideas on recycling.
On the other hand, the success of cassette-based recycling technology also lies in the long-standing cooperation of KEBA with strong, international technology partners such as Hitachi Omron Terminal Solutions (HOTS).
The Japanese company takes two thirds of the recycling world market making it the world leader in cash recycling. Thanks to the extensive know-how and long-standing experience of both companies, the performance of KEBA ATMs, which are now in their fourth generation, has been significantly increased.
The result are transaction times and availability rates that set the benchmark on the market.
Potential for optimization exists not only in the field of cash handling cash. Banks and savings banks also experience an efficiency gap in the “paper-based transaction” process caused by the high costs of transporting paper and the expense of further processing.
To fill this gap, in 1997 KEBA developed the self-service scanning module TOSCA (Total Scanning).
TOSCA recognizes OCR A+B on standard characters, including recognition of machine and proportional fonts and numerical and alphanumeric block handwriting.
It is sold as an OEM product for self-service applications and is already in use in more than 12,000 applications worldwide. KEBA’s in-house development TOSCA is today the most distributed scanner on the German market.