CMN-System | Rethink RCC

CubeIQ
Let your cash flow thru the web
…directly to your bank
An Idea Whose Time Has Come
to respond in Retailer Cash Logistics burden
CubeIQ Ltd
R04 10/30/2012

CubeIQ
Contents
• Introduction to Remote Cash Control
• Smart Safes: The Cash Handling Machines
• The components of CMN System™
• CMN System screenshots
CubeIQ © 2012-2015
2

CubeIQ
REMOTE CASH CONTROL
Introduction to RCC Concept
CubeIQ © 2012-2015

CubeIQ
What is the RCC…
Remote Cash Control is a rapidly growing
service which allows merchants to deposit cash
safely and securely without visiting the bank’s
branch but still have access to the very
important and necessary data of their deposits
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CubeIQ
Growing Market Acceptance
How it all started…
• For long time since its inception in 1994, intelligent depository safes
enjoyed relatively slow growth.
• After five years of availability, barely 6.000 safes had been installed. In
spite of only two armored couriers joined the fray early on, growth
remained anemic.
• It was the advent of bank provisional credit that introduced among a
small handful of banks beginning in 2006, which ushered in remarkable
growth rates and gave rise to RCC as we now know it today.
• This “game changer” led to a step-change increase in the rate of
industry adoption.
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CubeIQ
Today we live the “RCC era”…
In a new, updated report, titled “Remote Cash Capture 2012 Market
Update: Big Changes in a Growing Market” the author, Celent consultants
and analysts from US,
• Recognizes the quickly growing RCC service, and its benefits to retailers.
• Concedes the trend of a new era in merchant cash logistics, which will
keep growing rapidly.
• Identifies the Operating Cost reduction through a win-win relationship
between the Merchant and the Bank.
• Predicts that following the growth trend over the last 10 years, Remote
Cash Control is expected to accelerate from roughly 60,000 devices
installed in 2011 to over 110,000 devices through 2015.
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CubeIQ
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7

CubeIQ
No satisfactory solutions to-date…
• Today this demand is being met by few banks and
armored couriers, providing homegrown solutions
running on proprietary networks and platforms
• Retailers have limited ability to choose their
banking relationship, their hardware or their
armored courier service; they simply have to
surrender and move to a gold compromise
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CubeIQ
No satisfactory solutions to-date…
Still today on a daily basis, merchants are obliged to:
• Handle selected cash manually, passing it from the
cashiers to their supervisors
• Spent valuable time on recounting cash, for
validation purposes
• Organize risky cash-transfers to the nearest branch
of the related Bank
• Spent time, on a corporate level, in order to
reconcile deposits over several accounts of the
same or even several Financial Institutions
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CubeIQ
the answer to merchant needs…
Merchants are demanding more and better
cash services from their banks:
– Faster credit for deposits
– Reduced armored courier expenses
– Rationalized bank relationships
– Web-accessible reporting and reconciliation
CubeIQ © 2012-2015
10

CubeIQ
How it works…
RCC is possible by deploying a smart safe at the
merchant locations with armored pickup service.
These smart safes are secure and equipped with
currency validating and optionally recycling
capabilities.
Finally, the smart safes are integrated with live
information reporting communication with the
bank, for potential provisional credit.
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CubeIQ
The RCC Paradigm
CubeIQ © 2012-2015
Merchant deposit
Merchant
withdrawal
CMC SCADA
Bank Visibility in
Time-stamped
Data
Bank provides
Provisional Credit
Merchant
Visibility in Time-
stamped Data
CMC triggers CIT
svc’s upon cash
critical volume
CIT offloads CSS
Bank ack physical
cash in its
inventory
N - days
12

CubeIQ
Business Layers Hierarchy
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CubeIQ
Information Flow Hierarchy
Bank
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CubeIQ
Commercial Relationships
Roles and Responsibilities
• Safety & Security Policy
• Provisional credit
• Armored courier Services
• Events Management
– CSSs digital comm monitoring
• Data Management
– Cash inventory, collection, store and
forward to bank
• CSS equipment provisioning
• CSS financing schemes
• CSS maintenance & support
• Data comm equipment & implementation
• Data Collection Agreement (sole end
recipient being the “Bank”)
• Other side services (accessories,
consumables, software & customized
“solutions”)
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CubeIQ
Sources of sale
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CubeIQ
CubeIQ © 2012-2015
the Business Drivers
a win-win solution for all stakeholders

CubeIQ
The Retailer Business Drivers
Increased automation and straight-thru
processing
– Reduce deposit preparation time per store
– With hardware devices, custody remains
with the cashier
– Observed average cash-losses reduction
exceeds 90%
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increase automation and straight-thru processing

CubeIQ
Floating-Cash Reduction
– Live communication link to the bank,
enables provisional credit on balances as
they are identified in the device
– Retailers improve liquidity, reduce short-
term debt and improve investment strategies
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control floating-cash

CubeIQ
Transportation Expense
– Provisional credit allows less frequent
physical transportation of cash
– This is reducing armored transportation
expenses at a fraction of the original cost
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reduced transportation expenses

CubeIQ
Safety in Cash Logistics
– With many retailers tasking employees to
deliver deposits, provisional credit reduces
the number of required trips and risk
exposure
– Less touch points for collected cash, as it
flows from the retailer to the bank, leads to
significant reduction of “cash entropy”
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safety is increased

CubeIQ
The Bank Business Drivers
Maintain Cash Relationship
– Armored couriers are collecting the strategic
cash, the bank is commoditized and
disintermediated
– New fee income from selling hardware devices
and the corresponding services
– Enhances business services product, offerings
CubeIQ © 2012-2015
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collect cash, only when it worth's to

CubeIQ
Single Banking Relationship
– With virtual vaults, a bank can manage the total
relationship of a retailer regardless of their
geographic footprint
– Facilitates deposit growth
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reach places you don’t even have a branch

CubeIQ
New market
– Small and medium size banks, can control
market share that has historically been
reserved for large Tier-1 commercial banks
– Penetrate aggressive retail market segments,
with massive commercial outlets, such as
Petrol Stations, Retail Shops, Restaurants,
Betting Agencies, even Casino’s
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grow with minimum investment…RCC, eBank, mBank

CubeIQ
Loyalty and Reward
– Retailers are more likely to stay with the
bank who gives them a complete service
offering across their enterprise regardless of
geographical footprint
CubeIQ © 2012-2015
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eliminate geographical restrictions

CubeIQ
SMART SAFES:
CASH HANDLING MACHINES
Scalable technology for retailers
Cash Processors
Recyclers
Depositors
CubeIQ © 2012-2015

CubeIQ
CubeIQ © 2012-2015
27

CubeIQ
Mid and High Tier Capacity
CubeIQ © 2012-2015
deposit onlydeposit only deposit, withdrawal, recycling
banknotes capacity
5k
banknotes capacity
10k
banknotes capacity
12k
cartridges: € none
€
4 X 0.9k each
€ €
€ €
€
€ €
4 X 0.5k each
bags:
2 X 5k each5k 3k 3k
O
R
no cash bundles/wrappingno cash bundles/wrapping w/wrapped cash bundles
Self contained UI Self contained UI
UI in attached
computer
€
€
2 X 2.5k each
banknotes capacity
2k
cartridges: € none
bags:
2k
no cash bundles/wrapping
UI in attached
computer
28

CubeIQ
Low to Mid Tier capacity
• Model “CSeXtra”, manufactured by CTS Electronics, Italy
– CSeXtra is the newest banknote deposit solution for the retail market to increase security and productivity at
the store enabling complete cash flow control.
– CSeXtra small size and footprint allows this unit to be placed under a counter or in a small back office. Each
deposit transaction is monitored and all the data are available to the customer and to the bank. A receipt for
each transaction is issued, which includes details of notes (quantity, denomination and total value).
• Operational features:
– Deposit module for cash deposit with self-sealing bag welding mechanism
– Safe: Steel strong box 6mm, optional UL291, CEN III
– Lock: electronic lock with 2 access code + door opening approval only after bag sealing
– Security sensors: “door open” sensor
– Front access for service and safe opening
• Notes Acceptor and Deposit Module standard features:
– Drop in feeder capacity: 50 notes (even mixed)
– One reject pocket, capacity:20notes
– Transport speed: 180notes/min, 3notes/sec (Validation & Deposit)
– Self-sealing plastic bag capacity: 2000 notes
– Dimensions: Height: 700mm; Width: 400mm; Length: 520mm
– I/O: USB2
– Validation of Euro currency notes
– Other denominations on request
CubeIQ © 2012-2015
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CubeIQ
Low to Mid Tier capacity
• Model “SID”, manufactured by CTS Electronics, Italy
– SID is a robust and sturdy device designed to deposit banknotes. After operator identification, the system allows to
deposit bundle of mixed banknotes. After accurate counting and validation, they are then deposited into a self-sealing
plastic bag located inside a robust and secure safe.
– Each deposit transaction is monitored and all the data are available to the customer and to the bank. A receipt for each
transaction is issued, which includes details of notes (quantity, denomination and total value).
• Operational features:
– Deposit module for cash deposit with self-sealing bag welding mechanism
– Safe: Steel strong box 6mm, optional UL291, CEN III
– Lock: electronic lock (LaGard or similar) with 2 access code + door opening approval only after bag sealing
– Touch screen 7” (16:9format, 800x480 resolution)
– Deep insertion magnetic stripe reader track 1-2-3 and chip card reader for user identification
– Thermal receipt printer: 80mm
– Internal PC with Windows XP embedded
– UPS
• Notes Acceptor and Deposit Module standard features:
– Drop in feeder capacity: 50 notes (even mixed)
– One reject pocket, capacity:20notes
– Transport speed: 180notes/min, 3notes/sec (Validation & Deposit)
– Self-sealing plastic bag capacity: 5000 notes
– Dimensions: Height: 776mm; Width: 430mm; Length: 640mm
– Connection: LAN 100Mbit/sec - 1Gbit/sec
– Validation of Euro currency notes
– Other denominations on request
CubeIQ © 2012-2015
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CubeIQ
Mid Tier capacity
• Model “neoFID”, manufactured by CTS Electronics, Italy
– FID is a breakthrough innovation, with its name standing for Fast Intelligent Deposit. It is a self-banking or
back office solution that allows users to deposit bulks of banknotes and cheques at an impressive speed. It is
aimed to replace deposits made using envelops (as in night-drop deposits) as well as an automated solution
either at the bank's lobby or in a self-service area, providing great improvement and benefits to banks as
well as retail users. It can be used integrated in a Kiosk, inside an ATM or as a standalone back office unit.
• Standard configuration features:
– Deposit Module for Cash deposit with 1 bag or 2 cartridges totaling 5,000 notes
– Optional extension to 2nd bag or 2 addt’l cartridges totaling 10,000 notes
– Safe: Iron strong box 6mm
– Lock: electronic lock (“LaGard” or similar) with 2 access codes
and one mechanical lock with one key
– 7” display with touch screen (16:9, res.800x480)
– Magnetic stripe reader tracks 1-2-3 and chip card reader
for user identification and authentication
– Thermal receipt printer: 80mm
prints the total transaction amount and denominations breakdown
– Integrated PC with Windows XP Embedded O.S.
– Gigabit LAN Ethernet connection
CubeIQ © 2012-2015
31

CubeIQ
High Tier Deposit & Dispense
CM24B, allows retailers to deposit
bundles of banknotes to their
preferred bank account, without
leaving their premises.
Given to its’ cash-recycling capabilities
the CM24B becomes the “cash
reference point” of the store,
preparing the cashier till at the start
of the day and receiving the returning
cash at the end, without evolving the
store’s supervisor.
The CM24B is the ultimate cash recycling device
perfectly suited to the retail environment.
CubeIQ © 2012-2015
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CubeIQ
High Tier Deposit & Dispense
The transfer of notes from the
recycling area to the deposit one is
totally automated and secured. The
banknotes are not accessible during
the transition.
For extra security, the CM24B safe is
divided into two isolated parts.
Every safe is opened by different
electronics locks.
Supports both, recycling and deposit functions.
CubeIQ © 2012-2015
33

CubeIQ
CM24B | The Cash Hub
Bank
CIT
Consumer
Merchant
Consumer’s
paymentmerchant
deposits in
Smart-Safe
Cash for
Start of shift
prep for CIT
cash offload
cash to
Bank
1
2
3
Capacity
6000 banknotes
Capacity
6000 banknotes
web services
CubeIQ © 2012-2015
34

CubeIQ
Vizantiou 78
14 234 Athens
Greece
Tel. +30 210 9530 242
Fax +30 210 6255 672
www.cubeiq.gr
rcc.tcr-cubeiq.gr
CubeIQ
…rethink
Remote Cash Control
CubeIQ © 2012-2015

CMN-System | Rethink RCC

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