Developing an effective cash management process can be a complex business. You need to think carefully about what locations need to be prioritized and how you can deliver cash in a cost-effective manner so ATMs never run dry, without spending more than necessary.
Different banks have different goals and different benchmarks for success, but one objective that should unite all financial institutions (FIs) is protecting their customers from fraud. However, as the banking industry becomes increasingly complex and consumers have more ways to access and manage their finances, the job of keeping people's money and details safe gets harder.
Today's ATM devices offer much more than just an easy way for consumers to deposit or withdraw cash and check their balances. As well as the wide range of functionality ATMs can offer to consumers; they can also act as another way to potentially create revenue for financial institutions by acting as another marketing platform.