News & Events

Cummins Allison Displays Critical Technologies for More Efficient Branches at BAI Retail Delivery 2014

November 4, 2014, MT. PROSPECT, IL— Cummins Allison, the leading innovator and provider of coin, currency, check handling solutions and ATMs, will exhibit at this year’s BAI Retail Delivery Conference & Expo on November 12-14 in Chicago, IL. Attendees at the three-day conference can step inside the Cummins Allison’s branch in booth #4516 for a look at advanced coin, currency, check processing and ATM technologies that enable financial institutions (FI) to re-imagine retail banking.

“Our presence at this year’s BAI Retail Delivery gives us the opportunity to showcase the latest branch transformation solutions – including self-service coin, ATMs, high-speed desktop currency processing with fitness and check processing solution that enable institutional RDC,” said Bob Gibson, VP, branch operations, Cummins Allison. “We invite members of this powerful group of financial services executives to see how they can bring automation and efficiency to their business with thoughtful investment in the right technology solutions.”

Simplify Customer Transactions at the ATM

ATMs are a critical channel for FIs and the addition of deposit automation technologies can greatly improve the ATM’s contribution to banking efficiencies. Cummins Allison’s full-function ATMs with automated deposit module (ADM) capability simplify the deposit process via a single slot that accepts up to 100 bills or 50 checks, the greatest capacity in the industry. Customers leave with a receipt displaying images of the checks and a detailed count of the cash deposited; confident their transactions have been concluded quickly and securely.

 

Self-Service Options Transform the Lobby

Self-service coin redemption is an essential service for customers and it keeps tellers focused on high-value tasks, while increasing cross-selling opportunities. Cummins Allison’s Money Machine® 2 gives FIs more options for easily adding self-service coin counting to their business. With a combined total capacity of 140,000 mixed coins, the Money Machine 2 is the only self-service coin machine with four quiet coin collection options; including: 16 or eight bag units and single or dual-bin units. Cummins Allison also offers a unique coin management program plus multiple procurement options, making it easier than ever for FIs to cost-effectively add self-service coin services to their branch.

Re-imagine Currency & Check Processing

From the teller line, to the back-room and in the vault, improving the speed and accuracy of counting, sorting and processing cash is critical to branch efficiency. Cummins Allison’s newly launched JetScan iFX i400 multi-pocket currency sorter can be configured with up to 17 pockets, is fitness capable and can process deposits or ATM currency at up to 1,000 bills per minute. A flexible configuration is ideal for any branch’s footprint, and allows opportunity for growth.

The new JetScan 150 currency scanner features a full pocket to stack processed bills, as well as a half pocket for off-sorting bills that are questionable or unreadable or for facing and orienting. This allows users to implement non-stop processing into their cash counting operations

Financial institutions using WAUSAU Deposit 24/7 remote deposit capture solution can now quickly and easily add the revolutionary JetScan iFX® high speed currency and check scanner to streamline their remote capture process. The JetScan iFX scans check images at an industry leading speed of 400 documents per minute, processes cash at a rate of 1,600 bills per minute and offers the unique ability to process complete deposits. See our complete list of certified RDC solution providers,

For more information on the branch transformation solutions that will be on display at Cummins Allison’s booth #4516 at the BAI Retail Delivery Conference, visit www.cumminsallison.com.

About Cummins Allison
Cummins Allison is the leading innovator and provider of check, currency and coin handling solutions, as well as full-function ATMs. Our world-class sales and service network includes hundreds of local representatives in more than 50 offices in North America, 6 wholly-owned subsidiaries and is represented in more than 70 countries around the world. For more information about our award-winning solutions, visit www.cumminsallison.com.

About BAI

BAI is the financial services industry's resource for breakthrough information and intelligence needed to innovate and stay relevant in an evolving marketplace. For more than 85 years, BAI has provided the industry with unbiased and objective education and research. BAI's offerings are as diverse as the industry, and include premier events such as BAI Retail Delivery Conference & Expo, groundbreaking research, professional learning and development programs, and in-depth editorial coverage through BAI Banking Strategies. For more information, visit www.bai.org. BAI is Bank Administration Institute and BAI Center.

About BAI Retail Delivery
BAI Retail Delivery 2014 is the premier retail banking conference in the world. The event is attended by more than 3,000 financial services professionals including retail banking organizations around the globe and financial technology and business solutions providers to these financial institutions. This highly engaging, interactive event focuses on resolving key challenges and identifying new opportunities to forge new paths to profitability and growth. For more information visit: BAIRetailDelivery.com.