Brinks acquire majority stake in G4S Posted on 28th February 2020 by Spinnaker The Brink’s Company will be acquiring a majority stake in G4S plc for US$860 million (£660 million) the company announced on Wednesday 26th February. The acquisition adds fourteen new markets to Brink’s portfolio: the Netherlands, Malaysia, Romania, Belgium, Ireland, Kuwait, the Czech Republic, the Philippines, the Dominican Republic, Cyprus, Indonesia, Lithuania, Estonia and Latvia. This acquisition does […] Read More
Press Release: Spinnaker appoints new Commercial Director for UK & Ireland Posted on 14th February 2020 by Spinnaker Saltash, Cornwall, 14th February 2020 Spinnaker has appointed Richard Wood as Commercial Director for UK & Ireland. Richard is joining Spinnaker from SICPA, the Swiss security ink technology provider. “Richard brings a great deal of knowledge and experience to his new role, and we are very pleased to welcome him to Spinnaker. His expertise will […] Read More
Press Release: Spinnaker releases “complex degradation” Posted on 4th December 2019 by Spinnaker Spinnaker releases new cash degradation technology. “Better degradation technology makes for a stronger deterrent.” Saltash, Cornwall, 4th December 2019 Spinnaker is providing “complex degradation” to two European clients who wanted to increase the deterrent effect of their cash degradation equipment in the face of ongoing attacks. “Complex degradation” is a term coined by Spinnaker […] Read More
Press Release: Loomis US implements iBox technology Posted on 16th November 2019 by Spinnaker LOOMIS IMPLEMENTS IBOX TECHNOLOGY TO DETER ARMORED CAR ROBBERIES The new addition deepens security features to protect guards, cash, and improve tracking (HOUSTON, TX) — Loomis is introducing iBox, a proprietary cash-in-transit (CIT) technology, into its armored car division, advancing how the cash management leader secures customer cash and protects transportation guards across the country. Developed by Spinnaker, […] Read More
500mph in the desert Posted on 22nd October 2019 by Spinnaker The Bloodhound LSR touched down in South Africa to prepare for High Speed Testing. The team plan to take Bloodhound up to 500mph on the specially prepared test track in the Kalahari desert. Bloodhound LSR are using Spinnaker’s asset monitoring service, ‘CashTrack’ to keep track of key support vehicles during the testing. It is impossible […] Read More
“Why can’t we all get along” Posted on 21st October 2019 by Spinnaker ATMIA CEO Q&A: ‘Cash and digital payments need to coexist’ An interesting interview with Mike Lee of ATMIA talking about multiple payment channels and the need for choice at the point of delivery. ATMMARKETPLACE.COM Read More
People may be saving more due to Brexit, but not much. Posted on 8th October 2019 by Spinnaker The continued uncertainty over Brexit shows that people are taking some steps to try and mitigate the possible exit from the EU. According to the Bank of England, by August 2019 the amount of money deposited in easy access accounts swelled by 3.6 per cent over the 12 month period to £759.5billion, while the amount […] Read More
‘Community Access to Cash’ initiative Posted on 1st October 2019 by Spinnaker UK Finance has launched an initiative to help communities identify and secure access to cash and payment services. “The Community Access to Cash Initiative will provide communities with the opportunity to report gaps in cash provision through their elected officials. The initiative will provide grant support and industry guidance to local communities to improve access […] Read More
OCBC Bank adopt QR codes for cash withdrawals Posted on 31st July 2019 by Spinnaker OCBC Bank in Singapore is now offering customers QR codes as an alternative to using physical cards and PIN codes. Customers approach the ATM, select the option to use the PayAnyone app, scan the QR code on the ATM screen and select the amount of cash to withdraw. OCBC estimates this new process will reduce […] Read More
EUROPOL releases report on preventing physical ATM attacks Posted on 17th June 2019 by Spinnaker Europol published its report calling for renewed attention on best practice methods to prevent ATM physical attacks. Links to the report here. Read More