Friday, 07/21/2017

Top Innovation: Cash Monitoring in the Cloud

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

Through their collaboration, ALVARA Cash Management Group AG and KÖTTER Geld- und Wertdienste SE & Co. KG were able to elevate Track & Trace in the cash and valuables logistics 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 cash logistics provider can track the cash process in real-time from pickup to arrival at the cash center live. The Track & Trace system simplifies the daily routine of all involved parties through its functionality. ALVARA will present the innovation at the security fair in Essen in Hall 6, Stand 6E 27.2.

About the Security Innovation Award

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

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

  • – DFBI – Deutsche Gesell. für Fern- und Onlinebildung mbH, Henningsdorf
  • – Bite AG, Filderstadt
  • – VdS Schadenverhütung GmbH, Cologne
  • – ZVEI – Central Association of the Electrical and Electronics Industry e.V., Security Association, Frankfurt a. M.