Wednesday, 08/31/2022

Pecunia 7: ALVARA | Digital Solutions develops cloud solution for cash processing

Leipzig, 31.08.2022. ALVARA | Digital Solutions has elevated the Pecunia 7 solution for cash processing to a new level as a cloud application, which efficiently supports financial institutions and cash-in-transit companies in their daily operations. The corporate group is thus responding to the increasing demand for solutions that help make the increasingly costly cash management more economical. Cost pressure, regulatory requirements, a dynamic market environment, and individual customer demands present significant challenges for many professional cash handlers, such as banks and savings banks.

“Digital solutions have long stood for greater efficiency and security - even in cash management. With Pecunia 7, we have now specifically further developed our previous Pecunia solution to proactively meet future requirements such as KRITIS, MaRisk, BAIT based on a SaaS solution. The result is a cloud solution that supports all processes of cash processing,” explains ALVARA | Digital Solutions Managing Director Steven Schwarznau. In connection with ALVARA ICC (ALVARA Interactive Cash Control), the platform for the digitalization of customer relations, further advantages arise. The ICC customer platform certified by the Bundesbank, including an app, also enables more efficient electronic exchanges with the Bundesbank - such as in the form of Bundesbank cash recycling, CashEDI (Cash Electronic Data Interchange), or the digital provision of Bundesbank discrepancy reports.

“Pecunia 7 impresses with cost efficiency, transparency, and simplicity in cash management,” says ALVARA | Digital Solutions Managing Director Dr. Lutz Anderie. Through optimized cloud-based cash processing, financial institutions and cash-in-transit companies can reduce their costs for IT infrastructures. In addition, billing can occur through calculable usage fees. Comprehensive process logs, seamless traceability, and customer-oriented application packages create maximum transparency with Pecunia 7. At the same time, as is customary with ALVARA | Digital Solutions solutions, intuitive usability enables easy application by users.

Pecunia has been successfully in use with renowned cash-in-transit companies and banks for over 25 years. The modular software supports all areas of cash, currency, and valuables handling - from counting to transportation and documented liability transitions to billing. The further development to Pecunia 7 continues the product's success story.

At the CashCon event in Leipzig in September (7.-8.9.2022), ALVARA will present the solution around Pecunia 7 to the professional audience for the first time. The CashCon will once again be an important platform for exchange for all players in the cash industry this year. A successful concept combines knowledge transfer and product presentations. Selected experts report on the latest developments, present best practices, and innovations. For participants, exchanging with other market players on-site is a great benefit.

Registrations are still possible at short notice: