5 Efficient Ways to Reduce Shrinkage in Retail

5 Efficient Ways to Reduce Shrinkage in Retail

Apr 24, 2017

Retail shrinkage is a common problem for many stores. Shrinkage is the culmination of losses that your business experiences as a result of employee theft, shoplifting, administrative mistakes, and vendor fraud. When your business has a higher shrink rate, your profits...
Three Quarters of Euro Area Payments are made in Cash

Three Quarters of Euro Area Payments are made in Cash

Apr 13, 2017

Speaking on the occasion of the launch of the new € 50 banknote, Mario Draghi, President of the European Central Bank stated “Though electronic payments are becoming more popular, cash is still our most important means of payment. A soon-to-be-published survey on cash...
New €50 Note

New €50 Note

Mar 28, 2017

Be Note Ready The European Central Bank (ECB) today unveiled the new €50 banknote, which will enter into circulation on 4 April 2017. The introduction of the new note marks the latest step in making euro banknotes even more secure. After the €5, €10 and €20, the €50...
The Cash Management Challenges of the Takeaway Industry

The Cash Management Challenges of the Takeaway Industry

Mar 20, 2017

The takeaway industry is driven by high speed and efficiency in all parts of the process. As soon as we do things rapidly, it is likely that errors jump in! How many times did you have a customer complaining that wrong change was given back, a long waiting line of...
The 60 Second Robbery That Lasts Longer Than a Minute

The 60 Second Robbery That Lasts Longer Than a Minute

Feb 14, 2017

Is there a culture of the snatch and grab robbery festering in Ireland? According to CSO statistics, in 2015 there were 22625 reported cases of theft from retail establishments in Ireland and 929 reported cases of robberies were cash was taken, many of these armed...
Hygiene and Cash – A Clean Solution

Hygiene and Cash – A Clean Solution

Feb 6, 2017

Have you ever thought of money being dirty, while paying in food shops and bars? Most likely you were more concerned about receiving the correct change, than thinking about hygiene. Cash is changing owners often, it is touched by a lot of different hands and therefore...