Insights

Insights

  • wireless tap payment with phone

    What is a Cashless Society?

    In recent years, the use of cashless transactions has skyrocketed on a global scale - with the annual number of cashless transactions...

  • 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...

  • closeup of 5 euro bank note

    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...

  • gold bars

    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,...

  • coats hanging on a rail

    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,...

  • Safety Deposit Boxes

    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...

  • stack of banknotes various currencies

    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...

  • Avery weighing scales

    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...

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