Rabobank Deploys RFID-Based Cash-In-Transit Solution

"Dutch internet bank Rabobank has deployed an RFID-based cash-in-transit solution in 200 of its branches in the Netherlands. The application, a first of its kind on the market, will enable Rabobank to conduct person-independent cash delivery. Historically, the transfer has required a personal transaction between a Rabobank agent and cash-in-transit employee. With Rabobank’s deployment of item-level RFID infrastructure provider Tagsys’ RFID-based systems, used in conjunction with Capture Tech’s Seal Track software, the need for physical interaction during a cash delivery is eliminated. This allows for a handover during the day, with minimal intervention required by bank employees." Source: DMeurope.com