The CINEO family is part of Wincor Nixdorf's Cash Cycle Management™ solutions portfolio, which is designed to automate cash processes in banks and retail enterprises to the greatest possible extent and to shorten the cash logistics chain. This is achieved through a banknote storage concept that has been standardized for use in banking and retail scenarios. The storage concept makes it possible to exchange cassettes between devices from the new CINEO system family. A memory chip in the cassette provides information at all times on both the level of cash inside, and where and when the cassette was used or opened. This means that banknotes that are deposited at the counter in a bank branch and stored in intelligent cassettes in an automated teller safe can be made available again for dispensing on automated teller machines (ATMs).

The CINEO portfolio includes automated teller safes, cash recycling systems, ATMs, and transaction terminals, as well as innovative software and services. The first solution available in the U.S. is the CINEO C6030 Teller Cash Recycler.

The cost of cash handling in the U.S. today is estimated to be $73 billion. Additionally, manual cash handling and current associated processes contribute to increased risks for the retail bank. The CINEO family of solutions is designed to directly impact this cost and risk - reducing it by more than 20 percent.

"Cash optimization and processing software tools and services in combination with our intelligent cash cassette technology and the new CINEO line, will revolutionize the way that retail bankers do business today," said Patrick Wright, President and CEO of U.S. Operations, Wincor Nixdorf, Inc. "By completely automating the cash cycle processes between the various different cash points in the branch, and eliminating the need for cash to be manually handled, our CINEO solutions save time and money, and maximize security across the branch."

CINEO automated teller safes, cash recycling systems aycling systems and ATMs provide several key advantages over competitive solutions, including superior integrated security features, intuitive operation, faster transaction processing and the latest banknote and check recognition and handling technology. Additionally, a broad range of operating information is delivered automatically, enabling proactive system management.