G+D Spotlight Giesecke+Devrient

In our latest podcast, learn how Gr4vy are utilizing network tokenization to help merchants manage, optimize, and scale their payment services. the payments ecosystem.

Discover how Canadian fintech company Wealthsimple makes financial services more accessible for its customers with phygital solutions.

Have you ever handed over cash at a store and paused to consider the journey that the banknote has taken to reach your hand?

Key takeaways:
- Automated banknote processing systems have made cash center operations and the cash cycle more efficient, reliable, and sustainable.

- G+D has played a leading role thanks to the pioneering work of Siegfried Otto and Helmut Gröttrup.

- Greater collaboration between industry stakeholders is required, as digitalization and data networking become more integrated into cash cycle processes.

The concept of self-sovereign identity (SSI) was born of digitally empowered communities’ efforts to find a decentralized answer to the issue of trust and identity on the internet. As the technology has developed, so have use cases, and the potential of an ecosystem based upon trust that benefits all stakeholders (government, enterprise, and end user) – while protecting privacy – is becoming increasingly clear.

Key takeaways:

- Governmental digital IDs in a functional SSI ecosystem foster uptake of eGovernment offerings.

- Individuals retain control of their data, and secure their privacy. Governments can provide and offer services quicker and more efficiently.

- Businesses can offer user journeys that are more convenient and with fewer obstacles.

Smart cities are reshaping the world as we know it. But behind these high-tech urban ecosystems lies an intricate network of interconnected devices powered by a similarly transformative technology – cellular connectivity.

The US market for cash management is as diverse as the country’s far-flung geography, with an estimated 3,500 casinos. Of these, about 50 are large casinos with more than 2,500 slot machines each. There are also 400 cash centers operated by commercial banks and private CIT operators. While each individual player has very particular demands, the cash management sector as a whole is moving toward unlocking value with more automation, and a focus on improving efficiency.

Key takeaways:
- There are about 3,500 casinos in North America, with about 50 having more than 2,500 slot machines each.

- The US cash logistics business was estimated at just under $6 billion in 2022, with strong growth worldwide projected through 2030.

- Automation solutions such as bander modules make a big difference in the cash logistics. sector