ARCA unveils transformative new cash recycler model
The groundbreaking CM18 Solo+ features a pedestal and cash drawer, giving financial institutions options for a changing branch environment
Mebane, NC — January 30, 2017 — ARCA is pleased to introduce the CM18 Solo+ cash recycler, designed for those looking for the benefits of cash recycling, increased storage options, and the ability to adapt to an ever-changing branch. This advanced technology counts, authenticates and secures deposits, automating traditional manual tasks.
Using the existing architecture of the CM18 Solo, the world’s first personal cash recycler, ARCA looked at the day-to-day operational needs of tellers, as well as executive’s concerns about the future of the retail branch. The result? The CM18 Solo+. In response to the market, ARCA added a secure cash drawer and coin locker pedestal base to the cash recycler.
The drawer placed at the top of the cash recycler can be used for cash, loose coin, and checks. The pedestal base doubles as a rolled coin storage locker, sitting underneath the unit. Drawers are lockable with a common key, allowing the user to walk to and from their position while the cash remains protected.
Building upon ARCA’s Branch Evolution™ strategy, the Solo+ gives banking executives options for future-proofing the branch. By simply removing the pedestal and drawer, the Solo+ can be moved from behind the traditional teller line and into a universal banking branch model. This flexibility is unprecedented in the market.
“The true benefit of the Solo+ is its ability to adapt to a retail banking environment whose future is uncertain,” said Mario Perottino, product management lead at ARCA. “By giving bankers numerous deployment options, now and in the future, we are encouraging them to take advantage of the many operational efficiencies that cash recyclers provide. It’s a win-win situation with practically no risk for the financial institution."
ARCA’s solutions help people control and streamline cash operations in financial institutions, retail stores, and self-service kiosks around the world. We develop technology and services that make transactions simpler, more efficient and more secure. Visit arca.com for more information.