Why SOC 2 Compliance is Important for the Financial Services Industry Cybersecurity threats are at an all-time high, and financial institutions are among the most significant targets. In 2023 alone, more than 3 billion individuals were affected by data breaches. The stakes for banks and credit unions are extremely high, with the average cost of … Read more
How ITMs Help Banks and Credit Unions Serve Rural and Remote Communities For financial institutions and their consumers, the branch is a hub. Account holders come to the branch to handle many of their banking tasks at a location that is central for the community. The purpose of a branch is to provide high-quality service … Read more
Why Banks and Credit Unions MUST Provide Seamless Banking Experiences Digital technology is transforming industries and introducing consumers to new levels of convenience. When customers connect with businesses, they expect continuity across mediums for a consistent experience no matter how they interact with the business. Consumers are accustomed to having the same access and capabilities … Read more
Datrue Process Automation is now part of the Edge One family. Edge One is pleased to announce the acquisition of Datrue which will bring knowledge and new opportunities to everyone involved. In joining Edge One, the people behind Datrue will continue to deliver superior hardware, software, and service to financial institutions across ND, SD, MN … Read more
How Banks and Credit Unions Can Minimize the Risk of Jackpotting Attacks Though banks and credit unions have always committed to ATM security, the threat of jackpotting is bringing the goal of protecting ATMs into renewed focus. ATM jackpotting is the use of physical or software vulnerabilities to force an ATM to dispense cash. These … Read more
ATM Managed Services: Why You Should Use an ATM Management Company For decades, managing ATMs has been a vital part of financial institutions’ service offerings. In the past, banks and credit unions could easily handle the upkeep of these machines on their own. However, the rapid evolution of technology, regulatory demands, and shifting customer expectations … Read more
What is the Difference Between a Terminal Driver, a Transaction Processor, and a Switch? When an ATM user withdraws cash from an account, makes a deposit, or performs another transaction, such as making a payment from their banking account, several related components come together to make that digital transaction happen. The ATM must be able … Read more
Tips On Cash Management for Cannabis Dispensaries Imagine a new cannabis dispensary that very quickly experiences skyrocketing sales. With such success comes a new challenge: managing an overwhelming volume of cash. The staff spends hours daily counting, sorting, and securing cash, which increasingly takes the dispensary owner’s eyes away from the primary focus—serving customers and … Read more
Cash Recyclers for Cannabis Dispensaries The cannabis industry is rife with opportunity, and a cannabis dispensary is a great business idea, but it is not without its challenges. Once dispensary owners sort out the particulars around supply, equipment, personnel, and other details to get a dispensary up and running, there is still the matter of … Read more
“It’s in the cloud.” It’s a common phrase used in various situations today, from looking for work files to describing how video game players pick up where they left off in their last session. “It’s in the cloud,” says that there is data out there somewhere and it is accessible, but how does that work? … Read more