Thursday, 07/21/2016

New Track & Trace System for Cash Logistics

New Track & Trace System for Cash Logistics Among the Top 5 in the Security Innovation Award 2016

Through their collaboration, ALVARA Cash Management Group AG and KÖTTER Cash and Valuables Services SE & Co. KG have elevated Track & Trace in the cash and valuables service provider industry to a new level. The joint solution has now been selected by the expert jury as a finalist for the Security Innovation Award 2016.

For the first time, financial institutions, retailers, insurers, or the internal audit of a valuable service provider can follow the cash process in real-time from pickup to arrival at the cash center live. The Track & Trace system simplifies the everyday work of all involved actors through its functionality. ALVARA will present the innovation at the security trade fair in Essen in Hall 6, stand 6E 27.2.

About the Security Innovation Award

The security in Essen is the world's most significant trade fair for security and fire protection, taking place from September 27 to 30, 2016. The Security Innovation Award is given annually at the trade fair for outstanding achievements in the international security industry. The award is presented in the categories of Technology & Products, Services, Fire Protection, and Economic Protection. The jury evaluates applications based on the criteria of innovation content, user benefit, cost-effectiveness, reliability, and reasonableness.

In the Services category, besides ALVARA Cash Management Group AG, four other companies were selected for the final round:

  • DFBI – Deutsche Gesellschaft für Fern- und Onlinebildung mbH, Henningsdorf
  • Bite AG, Filderstadt
  • VdS Schadenverhütung GmbH, Cologne
  • ZVEI – Zentralverband Elektrotechnik- und Elektronikindustrie e.V., Security Association, Frankfurt a. M.