CASH K
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Pioneering sustainable cash management , Cash Processing Solutions continues to epitomize the true meaning of reform
Cash processing is the backbone of the modern economy . Technologies such as ATM machines and bank note sorting and counting machines revolutionized the industry and are widely regarded as essential equipment , but have you ever wondered where it all started ?
Cash Processing Solutions ’ ( CPS ) journey began back in 1957 when it launched the very first banknote counting machine , and then the first ATM machine just ten years later – two inventions that changed the world ’ s approach to cash handling forever .
Fast-forward 60 years and CPS is the world-leading provider of bulk cash processing hardware and software solutions . Manufacturing Today sat down with Barrie Foley , Chief Executive Officer at CPS , to learn more about the business ’ background , its current transformation strategy and how it pioneers new sustainable cash management .
“ We manufacture cash machines that are fit for purpose , that look at the authenticity and verification of cash and look for fraud ,”
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