Does your business deal and exchange currency, cash checks, issue money orders, or transmit funds? If so, then the Financial Crimes Enforcement Network classifies you as a money service business (MSB). Since money service businesses are highly susceptible to money...
There are two significant factors that are driving the increase in cash as a method of payment in medical clinics and doctor’s offices. One is the Affordable Care Act. The other is the growth in Concierge Services, which are medical practices that have decided they no...
In the early 2000’s, Tidel introduced the next innovation in its historic product line – the Sentinel Family of cash management systems. The Sentinel introduced an advanced system that accepted notes in addition to vending change. Since 2002, Tidel has evolved the...
Born from the innovation of four Boeing engineers, Tidel’s first ever cash management product was developed in the late 1960’s for practical reasons: one of the four owned a convenience store that kept falling victim to robbery. This product – the time-delay safe –...
Even with the growth of digital wallets and various alternative payment methods, cash is still king. However, for a retailer, managing cash can present its own set of challenges. From miscounts to recounts to reconciliation to security, proper cash management...
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