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Data Science

The Effects of CoViD-19 Pandemic on ATM Usage Patterns in Turkey – May 2020

In our last blog (https://arutesolutions.com/the-effects-of-covid-19-pandemic-on-atm-usage-patterns-in-turkey-april-2020/), we detailed the effects of CoViD-19 measures in Turkey for the months of March and April 2020. We took the values of February as the base (100%) and except for the small seasonalities, compared February to March and April to see how the curfews and other measures (such as most...

The Effects of CoViD-19 Pandemic on ATM Usage Patterns in Turkey – April 2020

In our last blog (https://arutesolutions.com/the-effects-of-covid-19-pandemic-on-atm-usage-patterns-in-turkey-march-2020/), we touched upon the effects of CoViD-19 measures in Turkey for the month of March. We compared withdrawals and deposits throughout the weeks in February and March to see how the CoViD-19 measures reflected for individual ATM types. In this post, we’ll examine how the overall patterns manifested for the...

The Effects of CoViD-19 Pandemic on ATM Usage Patterns in Turkey – March 2020

The CoViD-19 Pandemic has affected all countries and all citizens of the world as of March 2020. In many countries, social distancing rules were immediately put on measure and many avoided total lockdowns, but minimized social attractions, gatherings and the operations of the workforce. Turkey is a state which has taken similar measures over the...

The Various Challenges of Forecasting ATM Transactions

Arute Solutions is the leading cash optimization company in the financial sector in Turkey, with its Cash+ product in charge of more than 8000 ATMs. Naturally, forecasting ATM transactions constitutes a crucial part of our solution. This forecasting task presents a unique set of challenges. Below, we will examine three of them in-depth to give...

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