On February 10th, Hyosung TNS hosted the second Hyosung Sync: Growth Summit at its HFS VINA manufacturing campus in Bac Ninh, Vietnam, bringing together partners from across Southeast Asia. Building on the momentum of the first summit, this gathering focused on branch transformation and the evolving role of physical banking channels in a rapidly digitizing […]
Hyosung TNS successfully hosted Hyosung Sync: Growth Summit on February 5th at its HFS VINA manufacturing facility in Bac Ninh, Vietnam, welcoming key partners from the Middle East & Africa (MEA) region. The summit focused on strengthening collaboration while exploring how software and integrated solutions can support the evolving banking landscape in the region. During […]
As the ATM and cash landscape continues to see drastic change and digital banking accelerates, the role of the ATM is being fundamentally reexamined. Once viewed as a simple transaction device, the ATM is now positioned to evolve through the application of artificial intelligence (AI) into a strategic extension of the bank’s digital and physical […]
Bank branches have long been established as a representative channel for financial services. However, the spread of digital banking and changes in customer behavior, expectations, and approaches are redefining the role of physical branches. Unique functions such as complex financial consultations, document processing, and large cash transactions are difficult to fully replace with digital channels, […]
Shifting Branch and Cash Landscape Europe The French banking landscape has shifted dramatically in recent years. According to recent surveys, the closure of bank branches is accelerating throughout France and much of the world. When asked, the primary reason cited by financial institutions is the drop in footfalls and the rise of digital banking. In […]
Cash is Still King – But Smarter Management Is Now a Must Cash remains central to many retail and hospitality venues across Australia and New Zealand. From the gaming floor to the bar, it’s still the preferred form of payment for many patrons. But behind the scenes, managing that cash comes with significant operational complexities […]
As the financial world continues to evolve, one trend is becoming increasingly clear: the number of ATMs is declining. From high streets to supermarkets, cash machines are disappearing at a rapid pace. But what does this mean for consumers, businesses, and the future of cash? The Decline of ATMs: A Global Shift Across the globe, […]
Although bank branches have been on the decline for years, in the wake of the global pandemic, widespread adoption of mobile and online banking has resulted in an even sharper drop. But these modern banking services have their limits, and bank customers inevitably must visit a branch for any number of advanced transactions. So how […]
With the rise of online banking and the widespread adoption of digital payments, it’s easy to assume that cash is becoming a thing of the past. But in reality, that couldn’t be further from the truth. Cash in circulation continues to grow globally, year after year, driven by ongoing demand for this trusted and tangible […]
How is a cash recycling ATM different from a standard ATM machine? The short answer is that a cash recycling ATM is capable of dispensing customer-deposited bills, which means the ATM’s funds need to be replenished less often, saving you money on costly CIT visits, freeing up employees, and maximizing cash handling and security. The […]
Financial institutions are constantly under pressure to ensure their operations are running as efficiently as possible. A major area of focus is cash handling and reconciliation, which is one of the most time-consuming tasks for banks. This focus created the traditional template for the job of bank teller, with significant value placed on the ability […]
December 2024 – We are thrilled to announce that Hyosung has been recognized as one of Vietnam’s Top 20 Best Brands 2024, as well as a Top 20 Excellent Foreign Direct Investment (FDI) Company. These prestigious awards, presented by the Vietnam Consumer Protection Center and the Culture and Economy Research Institute, celebrate the strong partnerships […]