DALLAS, Nov. 6, 2015 /PRNewswire/ -- Nautilus Hyosung, supplier of ATMs, self-assist terminals and recycling technology in North America, announced today the launch of the new MoniSafe 500 teller cash recycler. "Advanced cash recycling solutions, such as the MoniSafe 500, are a natural progression in our cash management solution portfolio. Built on proven cash handling technology, the MoniSafe 500 utilizes recycling technology deployed in tens of thousands of locations worldwide," said Nancy Daniels, EVP & COO of Nautilus Hyosung America.
Today's retail banking market requires reliable hardware and software solutions that deliver the lowest cost of ownership while improving the customer experience. From faster customer service and fewer teller errors to more efficient cash management with increased security, the MoniSafe 500 provides benefits to branch operations that help take branch performance to a new level.
With continuous feed capability and increased deposit and dispensing speed, the MoniSafe 500 allows bulk deposit processing with no note limit. A virtual escrow and external transit cassette for depositing and dispensing cash into an intelligent cassette decrease fraudulent activity and increase security. The MoniSafe 500 can be managed on a day to day basis without ever having the access the safe. Additional benefits to retail bank branches include:
- Automated vault buys and sells
- Self-auditing without removal of cash from unit
- Reduction in start, end-of-day and balancing time
- Accuracy of real-time cash verification and auditing on every transaction
- Interoperability with other Hyosung Branch Transformation solutions, including transit cassette and monitoring software, providing simplification in training and support
"Our customers understand the value of solutions that leverage the latest technology, provide interoperability and support the entire enterprise cash ecosystem," said Daniels. "Hyosung is uniquely poised as the only manufacturer of both cash recylers and interoperable ATMs, which affords us a broader, more balanced perspective of our customer's branch cash management needs today and long-term for a sustainable branch transformation strategy."
About Nautilus Hyosung America
The Nautilus Hyosung vision is to continually create automated financial products and solutions maximizing the convenience, accessibility and trust of our customers by leveraging our creativity, technology, speed to market and people. Nautilus Hyosung America is a subsidiary of South Korea Nautilus Hyosung, Inc., a global leader in providing ATMs to the retail off-premises and financial institution markets. Since entering the North American market in 1998, Nautilus Hyosung America has shipped more than 200,000 ATMs and is the fastest growing supplier in North America and the leading provider of branch transformation solutions. Nautilus Hyosung America is headquartered in Irving, Texas and has research and development support in its Global Software Center in Dayton, Ohio. (www.nhausa.com)
Contact: Misann Ellmaker