FIs implement smart safe technology to grow deposits and better accommodate a larger client demographic without building physical branches. While utilizing this technology helps financial institutions capitalize on high volumes of cash deposits, most FIs obtain this technology through armored car providers. FIs that solely rely on armored car services for remote cash capture often become frustrated with the limited nature of these services.

Implementing smart safe technology in your FI is a great way to grow without costly real estate investments and to form stronger, more integrative relationships with clients who generate high-capacity cash deposits. Traditionally, armored car services have dominated the smart safe industry, however these services programs can be limiting, leaving FIs and their clientele dissatisfied.

At QDS, we form partnerships with our customers. As a business partner, we want to help you make decisions that will best serve your clients. Our suggestions for these best practices vary based on the market your FI occupies and what clients are looking for in rural versus urban environments.

Before implementing managed services from QDS, many of our current clients expressed their frustrations with underperforming service providers. Whether those providers had roped their FIs into inconvenient contracts, overcharged and underperformed, or repaired ATMs at a sluggish, inconvenient pace for them and their clientele, FIs turned to us for a much-needed improvement. In this blog, we’ll be breaking down just how QDS Managed Services program continually improves the service experience.

As a company, QDS has a vested interest in keeping track of financial market trends so we can better serve and advise our clients. One of the market trends we’ve been watching closely is the increase in the amount of cash deposits clients are completing in branches and drive-throughs alike.

Both the Teller Cash Recycler (TCR) and Cash Discriminators are powerful tools that, when implemented, can magnify the productivity of a financial institution. TCRs and Cash Discriminators can strengthen and streamline operations within your teller line, though they are uniquely different machines. The similarities and differences between them make the two a perfect pair, utilizing one or the other’s strengths and weaknesses to function as one unit and create an automation powerhouse.