Cash recycling ATMs are similar in many ways to traditional ATMs, so is there really a benefit to upgrading the hardware of your branch and remote network? The answer is a resounding “yes.” Cash recycling, performed by teller counting machines and ATMs, offers a few important advantages over standard banking hardware. Read more as the experts at […]
An average ATM machine costs $3,000. However, they can range anywhere between $2,000 – $8,000. Many factors influence the price, such as the level of banking services available, if it’s freestanding or built-in, and whether or not it offers wireless technology. A newer version with advanced technology can cost more than $10,000. Retail ATM machines […]
Mr. Keith Lennard serves as the Vice President, Head of Software at Hyosung America. Mr. Lennard is responsible for all Software Development, Professional Services and Managed Services. With 10+ years of leadership experience in Financial Services and nearly 20 years in Software Development, Mr. Lennard has a proven track record of transforming organizations, scaling for […]
Ryan Loebs is a TCR industry expert with over 15 years of experience in Financial & Retail cash automation. He has guided financial institutions and technology companies of all sizes in their approach to adopting successful TCR implementations. Over the last 6 years Ryan has held roles in TCR Product Management, Sales Strategy, & Relationship […]
Marvin Bowers serves as the Assistant Vice President of Retail Sales for Hyosung America. He has more than 20 years of leadership in sales within the financial technology industry. At Hyosung, Marvin focuses on providing solutions and building relationships with retailers and financial institutions through consultation and education. I think we can all agree that […]
Bill Budde is the Vice President of Product Marketing for Hyosung. In this role, he helps banks and credit unions make decisions about branch transformation technology and unlock the value of those investments. Prior to joining Hyosung, Bill worked at JPMorgan Chase in both the Retail Banking and Merchant Processing business units, developing and implementing […]
Retail banking has changed a lot over the last few decades, due chiefly to advances in technology. A considerable amount of banking transactions can now be accomplished online via apps or websites, which minimizes the trips your average customer has to make to your branches. This has caused FIs to rethink the whole concept of […]
It’s no secret that the banking world is incredibly competitive. A few percentage points in growth can be the difference between making a name for your financial institution and being lumped in with the pack. Branch transformation refers to the process of upgrading your current infrastructure to make the branch environment more efficient, and allow […]
Bank branch transformation is the process of upgrading your branch’s capabilities to better suit the needs of today’s customers. Though more and more banking is done virtually – through apps, websites, email, or even over the phone – there are still many banking interactions that still require physical fulfillment or in-person interaction. Through technology, improved […]
Bill Budde is the Vice President of Product Marketing for Hyosung. In this role, he helps banks and credit unions make decisions about branch transformation technology and unlock the value of those investments. Prior to joining Hyosung, Bill worked at JPMorgan Chase in both the Retail Banking and Merchant Processing business units, developing and implementing […]
Bill Budde is the Vice President of FI Strategy for Hyosung. In this role, he helps banks and credit unions make decisions about branch transformation technology and unlock the value of those investments. Prior to joining Hyosung, Bill worked at JPMorgan Chase in both the Retail Banking and Merchant Processing business units, developing and implementing […]
We are excited to announce that the 2X1K CDU is now available for our ATMs. The 2X1K Cash Dispenser is a low-cost solution to multi-denomination cash dispensing. The 2X1K offers two 1,000 note cassettes that can be configured for any denomination. It’s the perfect solution for locations that don’t receive enough foot traffic to justify […]