COLUMBUS, Ga. & MOSCOW--(BUSINESS WIRE)--TSYS (NYSE: TSS) today announced the publication of a white paper titled “Improving ATM Cash Planning: Using Economic Indicators to Increase Profitability.” The paper addresses why typical cash planning measures for banks in emerging markets that have ATM networks dispensing multiple currencies — such as Russia and the CIS — facilitate either poor service or gross expenses of excessive cash inventory.
By learning to incorporate economic indicators that can help banks reduce the risks associated with disruptive economic events, ATM network owners can increase customer service levels while simultaneously minimising the cost of carrying extra cash levels.
“The next few years hold massive potential and opportunities for Russia, the CIS region and other emerging and transitional markets,” said Andrei Povarov, deputy director general of Moscow for TSYS International. “At the heart of maximising ATM profitability is innovation, including new concepts for improving cash management, optimising profitability and minimising exposure to external shock factors.”
The white paper on ATM Cash Planning is available for download at: www.tsys.com/ATMCashPlanningwhitepaper.
At TSYS®, (NYSE: TSS), we believe payments should revolve around people — not the other way around. We call this belief "People-Centered Payments®." By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend®, a TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Georgia, with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS provides services to more than half of the top 20 international banks, is a member of the Civic 50 and was named one of the 2013 World's Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, please visit us at www.tsys.com.