Insights
Insights
How Do Coin Sorters Work?
A coin sorting machine is a vital tool for businesses and financial institutions that deal with large volumes of coins on a...
The History of Counterfeiting Money
Counterfeiting, the production of fake paper currency, is an ancient practice that has evolved alongside money itself.From early coin forgeries to counterfeit...
Is the British Pound Sterling Backed by Gold?
To answer your question ... is the pound backed by gold?Put simply, no, the British Pound Sterling is not backed by gold,...
Cash Management in Retail
Did you know many retail payments are still being made with physical cash? This is why cash management should be a top...
Cash Automation: A Guide
Efficient cash management is paramount to sustaining a business’s profitability and ensuring operations run smoothly. As companies strive to enhance accuracy,...
What is A Safety Deposit Box: A Guide
"All safe deposit boxes in banks or financial institutions have been sealed… and may only be opened in the presence of...
How is Money Created?
Over the centuries, the creation of money has significantly evolved - from trading physical commodities like gold and livestock to using digital...
Counting Money by Weight
Coins still play a vital role in many businesses’ everyday transactions, even in our digital age.But counting them by hand can be...
The Cash Payment Process: A Guide
According to the Bank of International Settlements (BIS), digital payments have made gains, but cash remains a steady and popular method of...