Business and Finance Business and Finance
Mon, December 2, 2024
[ 02:30 PM ] - Bill Williamson
The Most-Searched Tax Deductions of 2024
[ 02:30 PM ] - Bill Williamson
'Moneyball' and 'Big Short' author Michael Lewis .. rlook these factors that are key to their success
[ 02:00 PM ] - Bill Williamson
Forget Cyber Monday, Stocks Are On Sale Today
[ 02:00 PM ] - Bill Williamson
Exclusive: Worldline attracts early stage interest from private equity firms, sources say
[ 01:00 PM ] - Bill Williamson
GoM proposes fresh band: 35% GST slab likely for tobacco, aerated drinks
[ 12:30 PM ] - Bill Williamson
ADFW unveils full agenda for 2024 edition, one of .. e most impactful financial gatherings of the year
[ 12:30 PM ] - Bill Williamson
Costco to end book sales in hundreds of stores. Will Michigan stores see changes?
[ 12:01 PM ] - Bill Williamson
Unlocking Geothermal Energy: Financial Risks and Community Pushback Slow Progress
[ 12:00 PM ] - Bill Williamson
Ottawa gave Accenture too much control over $313- .. lion in CEBA sole-source contracts, auditor finds
[ 11:31 AM ] - Bill Williamson
Volkswagen is facing its first major strike in years. Here's what to know
[ 11:31 AM ] - Bill Williamson
Aquarius Daily Horoscope Today (Jan 20- Feb 18), .. ember 2, 2024: Positivity will drive you forward!
[ 11:31 AM ] - Bill Williamson
Hurdles slow geothermal energy projects in SE Asia
[ 11:31 AM ] - Bill Williamson
Stock market today: Nasdaq touches all-time high, .. ear record to kick off final month of banner 2024
[ 11:30 AM ] - Bill Williamson
Cheap electric car finance could be on the cards as government aims to boost sales
[ 11:30 AM ] - Bill Williamson
Stock market today: Nasdaq jumps, aims for record as stocks kick off final month of banner 2024
[ 11:01 AM ] - Bill Williamson
Stock market today: Nasdaq pops as Dow, S&P 500 h .. cord highs to kick off final month of banner 2024
[ 11:01 AM ] - Bill Williamson
Accenture nominates Masahiko Uotani, Jennifer Nason to board of directors
[ 11:00 AM ] - Bill Williamson
St James's Place to cut around 500 jobs, source says
[ 11:00 AM ] - Bill Williamson
Roanoke announces new city manager
[ 10:31 AM ] - Bill Williamson
Stock market today: Nasdaq pops as Dow, S&P 500 h .. ar records to kick off final month of banner 2024
[ 10:31 AM ] - Bill Williamson
B2B supply chain financing platform Mintifi raises $80 million from Prosus
[ 10:30 AM ] - Bill Williamson
Why Keir Starmer's botched honeymoon with business is firmly in the bin
[ 10:00 AM ] - Bill Williamson
Trump's second coming: What it means for the global economy and India's next move
[ 10:00 AM ] - Bill Williamson
Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
[ 09:31 AM ] - Bill Williamson
Truth about viral prediction that work as we know it will be 'extinct' within a decade
[ 09:31 AM ] - Bill Williamson
Govt to proceed with plan to set up revenue body, Hashim signals
[ 09:30 AM ] - Bill Williamson
Hero Future Energies to invest $1.3bn in India's Karnataka
[ 09:30 AM ] - Bill Williamson
Business cycle funds: Ideal for seasoned investors with macro-driven goals
[ 09:01 AM ] - Bill Williamson
Taurus Daily Horoscope Today (April 20- May 20), December 2, 2024: Keep a broad perspective!
[ 09:00 AM ] - Bill Williamson
Why ATM solutions company CMS Info Systems is looking for a queen

Why ATM solutions company CMS Info Systems is looking for a queen


Published on 2024-12-02 09:00:57 - Bill Williamson, WOPRAI
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  • Once upon a time, the parent of CMS Info Systems provided traffic management services. Today, the lion's share of its revenue comes from cash management, a business that is under pressure from the rise in digital transactions.

The article from Livemint discusses CMS Info Systems, a company that has evolved from providing ATM cash management to offering a broad spectrum of services including digital payment solutions, AI-driven cash management, and banking automation. Rajiv Kaul, the Executive Vice Chairman and CEO, highlights the company's strategic shift towards becoming a comprehensive service provider in the financial sector, focusing on both cash and digital transactions. CMS Info Systems has expanded its offerings to include managed services for banks, AI and ML for optimizing cash flow, and has ventured into digital payments through its subsidiary, CMS IT Services. The company is also exploring new technologies like AI to enhance operational efficiency and is adapting to the RBI's push towards digital transactions while still managing the significant volume of cash in circulation. This transformation aims at not only maintaining but also expanding CMS's role in India's financial ecosystem amidst the growing trend of digital payments.

Read the Full Mint Article at:
[ https://www.livemint.com/companies/atm-solutions-company-cash-currency-digital-payments-upi-rbi-cms-info-systems-rajiv-kaul-artificial-intelligence-banks-11733138422369.html ]
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