Research and Recent Events Support the Resilience of Cash
Billions of customers around the world have access to credit and debit cards. Despite plastic being widespread, the world at large maintains their love of dollars and cents. Figuring out the globe’s commitment to cash means following the data back to its source:...
Big News at the Big Show: Tidel TR Series Launch
It’s time to get ready for Retail’s Big Show! From January 14-16, NRF 2018 is hitting New York City. The National Retail Federation Convention and Expo is the most important retail conference in the world, and has been attracting retail executives from every continent...
From Initial Design to Routine Checkups, Tidel is Committed to Quality
We don’t believe our commitment to our customers should end once our equipment is dropped off at their store. Just like any machine, Tidel safes require routine maintenance and upkeep, as well as the occasional repair. It is crucial that we have personnel at the ready...
With Cash Still King, Auto Dealers Need a Smart Safe
Using debit and credit cards, as well as making online banking transactions, is simple; so, it would seem that cash transactions would be on the decline. It would be logical and, as the Federal Reserve reports, wrong. The fact is that cash circulation is up in every...
Combating Retail Shrinkage
Retail shrinkage is a major issue affecting businesses of every size. U.S. retailers face shrinkage of approximately $60 billion dollars each year according to Forbes.com.[1] Typically, employee theft is the main cause of retail shrinkage, likely due to the ease of...
Is Cash a Thing of the Past? The Research Says No
Plenty of resources around the globe mention the death of cash as a payment option. However, there are too many benefits in utilizing cash as a viable payment method for it to actually disappear. Figuring out the globe’s commitment to cash means following the data...
Tidel’s IoT Integration in the Retail Industry
The Internet of Things has changed the retail world significantly by making it easy to track consumer behavior, operating costs, and revenue all in real-time. Internet of Things refers to the network of devices that connect to the Internet and help companies monitor...
For Utility Companies, Smart Safes Are A Must-Have Technology
Companies operating within the utilities segment are unique compared to other enterprises in that they supply a product that everyone needs. Whether it’s water for bathing, electricity for lighting, or natural gas for heating, utilities are essential to modern life,...Passion Drives Tidel’s Innovative Product Solutions for Retail
What keeps Marty Hendrickson, Vice President of Global Sales at Tidel, passionate about this industry is the ability to communicate to retailers and solve a problem associated with cash to positively impact a customer’s bottom line. “Creating solutions with our...An Exciting and Innovative Future with Tidel Solutions
It’s an exciting time for Tidel. The company has recently been purchased by a private equity firm in Greenwich, Connecticut: Littlejohn & Co. Littlejohn has given Tidel latitude to expand its offerings. Initially known as a coin dispense provider to the...Tidel Sees Growing Verticals in the Cash Industry
Marty Hendrickson, Vice President of Global Sales at Tidel, recently sat down to talk about his predictions for future growth of the cash industry. He sees growth in the convenience store and quick service restaurant markets, and believes the most growth will come...What Makes Tidel Unique?
What makes Tidel unique is that we take pride in the solutions we have developed that help our customers gain a better handle on their cash. For almost 40 years, we have listened carefully to our customers and partners and, as a result, we have been able to develop...Is Cash Dying?
Cash isn’t dying in the way that many people think. 19% of The US population is underbanked[1], and there is more cash in circulation now than ever before…
Money In Your Pocket: Truck Stops Seek Cash Management Solution
What does $700.4[1] billion dollars look like?
Peripherals Adapt Tidel Series 4 to Unique Business Needs
Retailers that utilize manual processes to manage their cash often face common challenges – inaccurate reconciliations, discrepancy investigations, and manager time away from the store to prepare and eventually transport deposits to the bank. All such challenges cost...
Amazon Cash Partners Need Secure Solution for Storing Cash
According to a recent study by the FDIC (Federal Deposit Insurance Corporation), 7% of the US population does not have a bank account1. The same study also found that an additional 20% of Americans are “underbanked”, meaning they have a bank account, but routinely use…
The War on Cash: Cash Refusal
You probably already noticed: you can’t buy food or drink on an airplane with cash anymore. You have to use a credit card. Who or what inspired the decision is open to debate. Ask an airline spokesperson and he or she will likely tell you the cash refusal was to make...
Cashless Events and Festivals: Do You Get What You Pay For?
“That will be 7 credits,” says the concession vendor as he hands over a canned beer to the next customer in the seemingly never-ending flow of festival-goers. Only $7? Not bad for a huge event like this – you’ve likely paid more at the ballpark for a cold one. You...