How is a cash recycling ATM different from a standard ATM machine? The short answer is that a cash recycling ATM is capable of dispensing customer-deposited bills, which means the ATM’s funds need to be replenished less often, saving time for your bank employees and maximizing profitability for your branch. The Cassette is Key The […]
Interactive Teller Machines, or ITMs, are an exciting and increasingly popular solution for bank branch transformation. What sets these new machines apart from ATMs of the past is their video assistance capabilities. This lets your bank tellers interact in real time with the customer, should they need help or a personal touch. ITMs are a […]
Part of the beauty of modern ATMs is how elegantly simple they seem from the outside. The simple, user-friendly interface includes a touch screen, a card reader, a slot for deposits, and a slot for withdrawals. Of course, there’s more to these machines than meets the eye of the customer. Behind this sleek facade, you’ll […]
When it comes to modern banking hardware, cash recyclers are some of the most important assets in your branch. By using these machines, as well as cash recycler ATMs, you can cut down on time-consuming trips to the vault and keep your tellers working at peak efficiency. The latest cash recycling machines can sort bills […]
Handling cash is a big part of the retail banking industry. From service industry workers who deposit cash tips after a long week on the job, to businesses who often deposit thousands of dollars of cash multiple times a week, your tellers spend much of their day handling money. At Hyosung Americas, we’ve developed hardware […]
These days it seems like new transaction options are constantly being added to ATMs. One of the most exciting and useful new services is Mastercard’s Cash Pick-Up service, which allows you to send cash to a recipient who can then pick it up at a participating ATM. Hyosung America ATMs, updated with the latest Mastercard […]
Interactive teller machines, or ITMs, are some of the latest technology being used to upgrade the banking experience for the information era. In addition to modern branch transformation ATMs, these incredibly versatile machines allow for teller-assisted transactions, which vastly increases the number of transactions that can be performed. Upgrading to an ITM-based branch is no […]
You’re headed to the farmer’s market, need some cash to pay the babysitter, or want to quickly deposit a paycheck. Like you’ve done hundreds of times before, you simply swing by the nearest ATM to withdraw cash or make a deposit. We’re so used to performing banking transactions like this that we rarely pause to […]
ITMs, or Interactive Teller Machines, have become key branch transformation enhancements— that are helping financial institutions across the continent modernize the banking experience. But what exactly are the differences between ATMs and ITMs, and what are the benefits of deploying the latest interactive machines? Here’s a quick explainer from the experts at Hyosung Americas. The […]
We all know the retail banking landscape has changed dramatically in the last decade, even over the last few years. With new banking apps, many of the most frequent transactions can be accomplished from just about anywhere. An increasingly cashless world means depositing and withdrawing funds isn’t always a top priority for consumers. So how […]
Comprehensive information on the basics of automated teller machines (ATMs), services, and solutions. Boosting Business Revenue with Retail ATM Machines Differences between ITMs and ATMs How an ATM Cash Dispenser Works How Do Cardless Cash Withdrawal ATMs Work? How Do Cash Recyclers Work? How Does a Teller Cash Recycler Work? How is a Cash Recycler […]
Retail cash recyclers (or RCRs) are machines designed to quickly count, store, and dispense bills, automating a task that usually needs to be done manually by store employees. RCRs are a version of the machines that bank tellers use to count cash but are designed especially for the retail industry. Benefits to using retail cash recyclers include increasing staff […]