Mt. Prospect, IL – September 30, 2014 - Cummins Allison, the leading innovator and provider of coin, currency, check handling solutions and ATMs, today announced new capabilities of its JetScan iFX i400 multi-pocket currency scanner and sorter, making it the most advanced currency sorter of its kind.
The JetScan iFX i400 multi-pocket sorter can now be configured with three to 17 pockets, all in a footprint 54% smaller than a comparable competitive system. Having 17 pockets fosters greater productivity for currency processing, allowing operators to separate mixed denominations, as well as face and orient bills.
Counting mixed denominations at 1,000 bills per minute, the JetScan iFX i400 can also sort for fitness, checking for and recognizing soil, holes, dog-ears, tears, missing parts, and tape. Fitness sorting is important to financial institutions and cash-in-transit companies that process large volumes of currency and want to redistribute fit bills for ATMs or cash orders.
"This is yet another technological advancement that gives more options to our customers," says Frank Janezic, executive vice president, domestic operations.
"Organizations that use multi-pocket sorters want and need to have a system that's configurable and fits their needs while still fitting in the smallest footprint possible. And the support they get through our unique national network of local sales and service offices sets us apart from any other currency processing provider."
Like Cummins Allison's other families of currency processors, the JetScan iFX i400 features advanced counterfeit detection technology. In 2013, arrests for counterfeiting increased by 49%, making it a greater concern for organizations that handle large amounts of cash. Banks and armored carriers want to catch and remove counterfeits before they're sent to the Federal Reserve Bank or passed back to customers.
To learn more about Cummins Allison's complete line of currency processing equipment, including the new JetScan iFX i400, visit www.cumminsallison.com/currency.
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.