BPC Banking Technologies has rolled out its latest cash management and forecasting technology offering, designed to boost the profitability of ATM networks in the US.

Implemented as part of the company’s SmartATM offering, the new cash management and forecasting technology will allow operators to slash ATM network costs.

BPC’s SmartATM cash management and forecasting technology optimises cash levels, freeing money across networks.

The company, which has experience managing over 200,000 ATMs, said that the operational costs are trimmed by optimising network monitoring including cash load routes and frequency.

SmartATM offers all the capabilities required to monitor, automate and manage ATM networks of all sizes, including ATM driving, marketing tools, EMV migration and complete support for a set of products and services.

Clients who used SmartATM were able to save $2,000 per ATM every year, which equates into $2m in savings each year for an ATM network of 1,000 machines.

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BPC US managing director, Marc Solomon, said, "For many years BPC has helped organizations get maximum return from their investment in technology, and we are continuing this tradition.

"We launched a service last year during the conference that helps streamline EMV migrations, and now are adding superior cash management and forecasting capabilities."