Cash Cycle Management SolutionsTM - always a ... - Wincor Nixdorf
Cash Cycle Management SolutionsTM - always a ... - Wincor Nixdorf
Cash Cycle Management SolutionsTM - always a ... - Wincor Nixdorf
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Reference project<br />
CINEO cash recycling at<br />
Vereinigte Volksbank<br />
Griesheim-Weiterstadt<br />
<strong>Cash</strong> handling with innovative CINEO technology<br />
Modern banks such as Vereinigte Volksbank Griesheim-Weiterstadt<br />
rely on flexible self-service. That’s why optimized cash<br />
processes are absolutely critical. The bank is heavily frequented<br />
by both private customers and local retailers and businesses,<br />
who carry out thousands of transactions every month. That<br />
makes it even more important that the bank’s self-service systems,<br />
especially its cash recycling systems, are available 100%<br />
of the time, every day. For this reason, the bank decided recently<br />
in favor of the CINEO C4060 cash recycling system – and<br />
is already an enthusiastic fan of its high availability.
“The CINEO C4060 cash recycling<br />
system newly installed in our main<br />
branch delivered great availability –<br />
right off the bat!”<br />
Dietmar Petermann,<br />
Chairman of the Board, Vereinigte<br />
Volksbank Griesheim-Weiterstadt<br />
Reference project<br />
High availability through<br />
CINEO technology with<br />
the CINEO C4060<br />
Vereinigte Volksbank Griesheim Weiterstadt,<br />
which recently won an award<br />
for the innovative branch concept of its<br />
VR Finanzshop, is counting on <strong>Wincor</strong><br />
<strong>Nixdorf</strong>‘s new CINEO system generation<br />
to optimize its cash processes.<br />
The experience after the first weeks of<br />
operation show best performance.<br />
The new customer favorite<br />
„We also received good feedback from<br />
many of our customers, who perceive<br />
the system as ‚super fast‘,“ says<br />
Petermann and goes on to note that<br />
this is particularly remarkable since the<br />
introduction of the new device was not<br />
communicated to the public in any way.<br />
According to Petermann, only experts<br />
would be able to distinguish the new<br />
wall-mounted self-service system from<br />
the existing systems. Only once has<br />
the cash recycling system gone out of<br />
service, and that was when it detected<br />
a counterfeit banknote during a deposit<br />
transaction and shut down in compliance<br />
with its own configuration.<br />
Banknotes and more banknotes<br />
High availability of self-service systems<br />
in general and the CINEO C4060<br />
cash recycling system in particular<br />
is extremely important to the bank.<br />
The system‘s location in the customer<br />
foyer of the main branch in Griesheim<br />
is highly frequented both by consumers<br />
and numerous businesses. Some 1,500<br />
deposits per month with a deposit<br />
volume of 1.6 million euros stand in<br />
contrast to 2,000 withdrawals with<br />
a volume of just half a million euros.<br />
In other words, in terms of volume<br />
deposits outstrip withdrawals several<br />
times over. <strong>Cash</strong> recycling means<br />
that intervals between time-intensive<br />
cash replenishment and removal are<br />
extended and the cash cycle optimized<br />
right from the start.<br />
Branch employees now handle cash<br />
only in the rarest of cases. The bank
Prize-winning bank branch in Loop 5 shopping center.<br />
went through a very rigorous conversion<br />
to assisted/self-service about<br />
eight years ago, and today cash is<br />
only available in emergency safes. But<br />
that means the demands on both the<br />
availability and security of the bank’s<br />
self-service solutions are very high. In<br />
terms of security, Petermann feels the<br />
bank is “on the safe side” with CINEO.<br />
Features such as Optical Security Guard<br />
and the latest anti-skimming module<br />
prevent manipulation effectively.<br />
Optimizing cash logistics<br />
„Our clearly defined business goal is to<br />
make good use of this surplus deposit<br />
volume and further optimize our cash<br />
logistics,“ says Petermann, who attests<br />
the CINEO system generation and its<br />
intelligent cassettes a high degree of<br />
process automation potential for intrabank<br />
cash logistics.<br />
Once all the self-service systems in<br />
the branches have been replaced with<br />
CINEO technology, the intelligent standard<br />
cassettes will enable surplus cash<br />
from automated teller safes, deposit and<br />
recycling systems to be used in CINEO<br />
cash dispensers, for example.<br />
One step towards the future<br />
Dietmar Petermann also sees future<br />
potential in the possibility of using<br />
cassettes that have been filled with<br />
cash in the automated POS systems of<br />
retailers to replenish the bank‘s cash<br />
dispensers. After all, since 2009, Volksbank<br />
is the only financial institution to<br />
run a branch at the Loop 5 shopping<br />
center, which is home to 170 retailers<br />
and other companies offering their<br />
products and services. Initial discussions<br />
with retailers at Loop 5 have<br />
already taken place.<br />
In June this year, VR Finanzshop –<br />
conveniently located along the A5<br />
highway and within the catchment<br />
area of the Frankfurt/Rhine-Main<br />
Benefits for Volksbank and its<br />
customers:<br />
n Comfortable deposits/<br />
withdrawals of up to 200<br />
banknotes per bundle, e.g. for<br />
retail businesses<br />
n Precise banknote testing and<br />
a separate cassette for any<br />
counterfeits<br />
n Secure cash handling through<br />
features such as the Anti-<br />
Skimming II module, antimanipulation<br />
card entry slot,<br />
EPP privacy screen, security<br />
mirror and a privacy filter for<br />
the monitor.<br />
n Transparency and security<br />
for both customers and staff<br />
through closed cash cycle<br />
metropolitan region – was pronounced<br />
the winner in the category „Best Shop<br />
Concept“ by the expert panel judging<br />
the „Branch of the Year“ competition.<br />
<strong>Wincor</strong> <strong>Nixdorf</strong> had developed the<br />
concept within the framework of its<br />
WIN@Branch offering. n
Enormous savings potential<br />
CCMS enables cash holdings<br />
to be circulated within<br />
systems and bank branches,<br />
or across branch networks.<br />
This eliminates many manual<br />
cash related activities<br />
and reduces the work of<br />
replenishment and removal.<br />
Over all, the costs of cash<br />
handling can be cut by more<br />
than 20 %.<br />
Published by<br />
<strong>Wincor</strong> <strong>Nixdorf</strong> International GmbH<br />
Heinz-<strong>Nixdorf</strong>-Ring 1<br />
D-33106 Paderborn<br />
Germany<br />
Phone: +49 (0) 52 51 / 6 93-33 01<br />
Fax: +49 (0) 52 51 / 6 93-59 18<br />
Info.Banking@wincor-nixdorf.com<br />
www.wincor-nixdorf.com<br />
© <strong>Wincor</strong> <strong>Nixdorf</strong> International GmbH<br />
All rights, including rights created by<br />
patent grant or registration of a utility<br />
model or design, are reserved. Delivery<br />
subject to availability; rights of technical<br />
modifications reserved.<br />
Printed in Germany, September 2011<br />
<strong>Cash</strong> <strong>Cycle</strong> <strong>Management</strong> Solutions TM<br />
- <strong>always</strong> a step ahead<br />
Maximum security<br />
Closed cash cycles minimize<br />
the risk of manipulation,<br />
cash inventory discrepancies<br />
and robberies. And that<br />
means greater security for<br />
you, your employees and<br />
your customers. Our leading<br />
technology has intelligent<br />
security features that make<br />
unauthorized access to your<br />
cash virtually impossible.<br />
Complete transparency<br />
Thanks to real-time monitoring,<br />
you can track and<br />
control the volumes and<br />
movements of your cash<br />
seamlessly and with pinpoint<br />
accuracy. That means you<br />
<strong>always</strong> know who has your<br />
money, and when, and<br />
where, and can significantly<br />
reduce both the cash volume<br />
you need to keep in circulation<br />
and the complexity of<br />
your risk management.<br />
n Worldwide presence in more than 130<br />
countries<br />
n More than 9,300 employees<br />
n Unique portfolio worldwide for crossindustry<br />
cash cycle optimization<br />
n Presence with PC/E Suite in over 24<br />
countries<br />
Efficient processes<br />
CCMS relieves you of many<br />
time-consuming manual<br />
work steps by automating<br />
them, leaving your staff<br />
more time for customer<br />
consulting and sales. In<br />
addition, the universal platform<br />
minimizes the number<br />
of interfaces and different<br />
processes.<br />
n Market pioneer in bulk check deposit,<br />
anti-skimming, anti-cash trapping and<br />
integrated inking solution in cassettes<br />
n Presence with monitoring software on<br />
5 continents<br />
n No. 1 in Germany and No. 2 in Europe<br />
and the world for ATMs and cash<br />
deposit systems