Cash visibility through the internet of things (IoT)
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Date
2023
Authors
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Don & Ellie Knauss Veteran Resource & Support Center
Abstract
The movement of cash within the U.S. is done primarily between banks, retailers, ATM machines, competitors, and the Federal Reserve Bank. Many of these transactions happen through armored truck companies (ATCs). ATCs are mired in traditional paper-based and barcode-based technologies that are inefficient and lack visibility to their customers.
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Keywords
Circulation of money, Armored trucks