By

Mehmet Arıkkan
CIT Routing Optimization

CIT Routing Optimization Integration Benefits to Cash Optimization System

What CIT Routing Optimization is The cost of cash operations for banks can be divided into two categories: 1. Cost of idle cash which stays in ATM and branch vaults 2. Cost of cash transfers from cash centers to ATM and branches. This operation is termed Cash-In-Transit (CIT) in financial terminology. Hence, the both numbers...
Cash Forecasting

Cash Management Optimization: Saving Millions of Dollars Every Month

Cash Management Optimization In today’s world, a lot of operational problems are solved by new technologies such as Machine Learning. In the ATM world, one of the main problems is, “How to transform the idle cash into active cash and decrease cost of maintaining cash” in an automatic way that is now solved via Machine...
Cash Optimization

Idle Cash Optimization in Cash Flow Management

Idle Cash Optimization is one of the most crucial daily operations in the banking industry. When conducted using modern statistical methods and machine learning algorithms, there is potential for huge savings through decreasing idle cash on closing balances and cost of cash-in-transit (CIT) operations. Idle cash is the cash that has not been invested in...

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