While the cashless society may be in the future, a “less-cash” society is here now. For retail banks, that means maintaining a broad cash distribution network of branches and ATMs even though cash demand is flat to declining. The result is increasing unit costs for cash distribution, creating an urgency to act to reduce them. The current go-to solutions are: (i) optimizing cash forecasting; (ii) renegotiating CIT contracts; and, (iii) removing low performing ATMs and branches. These actions certainly help, but costs remain stubbornly high.
It’s time to rethink the cost of cash to drive step change value. Join us to learn about Perativ’s proven solution that integrates and automates the four core functions at the heart of your cash distribution network: load compliance, treasury reconciliation, cash forecasting, and bulk cash ordering and achieve breakthrough results including 20-40% less cash required, reduced workload and CIT costs, and enhanced timely cash data. Operating successfully on thousands of ATMs today, the Perativ solution is available now to retail banks everywhere.
Attendees will learn about digital and physical ATM security best practices, how recent black box attacks led to the discovery of a wide-spread TLS misconfiguration and the steps required to fix it. Attendees will also hear how lessons learned from ATM attacks can help improve product design.