News & Events

Streamcorp Armoured Cashing In On Better Currency Management with Cummins Allison

Sydney, Australia – May 29, 2017 –Cummins Allison, the leading innovator and provider of coin and currency handling solutions, today announced that Streamcorp Armoured is delivering better efficiency and customer service, transporting its cash-in-transit business to a new level, due to Cummins Allison’s JetScan iFX® i400 multi-pocket currency sorting machines.

Streamcorp Armoured is one of Australia’s leading CIT providers and their executives constantly look for ways to streamline operations – both for themselves and their customers. One of the key ways they do this is by strategically leveraging technology. That’s why two years ago; the company began a search to upgrade its currency sorting equipment. As it evaluated multiple providers, Streamcorp Armoured looked for some key “non-negotiable” attributes.

“Service was at the top of the list,” says Huseyin Memis, Managing Director and Founder of Streamcorp Armoured. “We didn’t want a company that would promise us the world and give us an atlas.”

A strong partnership from day one

Once Memis travelled to the United States to see firsthand the quality of the design and manufacturing process at Cummins Allison, he was sold. “Seeing the entire spectrum of the Cummins Allison operations was impressive,” says Memis. “It was very comforting to me that Cummins Allison had a long and successful history in the United States.”

The results: 15% lower labour and 30% higher output

While Memis is pleased with Cummins Allison’s level of service, he’s even more pleased with the bottom line results Streamcorp Armoured has experienced, using Cummins Allison’s JetScan iFX i400 multi-pocket currency sorters.

After just three months of testing the JetScan iFX i400 machines, Streamcorp Armoured was able to service 30 percent more customers with 15 percent lower labour costs. “The JetScan iFX equipment allowed us to completely transform our currency counting operations,” Memis says.

“When we talk about cash-management equipment, whether it’s a cash-processing machine or a coin-processing machine, one of our ‘non-negotiables’ is that the equipment must be accurate and efficient,” says Memis. “We’ve experienced that with all the Cummins Allison equipment we use.”

About Cummins Allison

Cummins Allison is the leading innovator and provider of currency, coin and cheque handling solutions. Our world-class sales and service network includes hundreds of local representatives in more than 50 offices in North America, 6 wholly-owned subsidiaries and is represented in more than 70 countries around the world. For more information about our award-winning solutions or to read the full story, visit: http://www.cumminsallison.ca/ca/en/products/currency-handling/jetscan-ifx-i400