Press releases

News 2020

 

The new year is again marked by new ideas and possibilities.

We are highly motivated to continue supporting you with the greatest possible security and efficiency by our cash management solutions.

So let's develop the ideas of tomorrow together again in 2021.

 

2021
2020

Steven Schwarznau will become a new member of the Management Board of ALVARA Cash Management Group AG as of 1 January 2021. He replaces Bernd Hohlfeld, the company’s founder and Board member until the end of the year. Together with Board member Thomas Vietze, he will keep the company on a growth course and expand its strong market position.  Bernd Hohlfeld will continue to support ALVARA as a strategic advisor and contribute his expertise to the further development of the ALVARA I Digital Solutions brand.

Transparency through software solutions for digital safe management
(published by POS Ladenbau 5+6 / 2020 (www.bauve.de) - PDF)

The ALVARA Interactive Cash Control (ICC) online platform manages and documents the cash cycle between finance, retail and cash-in-transit companies. The path of the cash from deposit to booking at the Federal Bank can be mapped and monitored completely transparently. The new “Track & Trace Main Cash Station” module will be particularly beneficial to financial institutions that manage their cash processing themselves and work with a cash-in-transit company.

The Corona crisis poses new challenges for the cash logistics processes of retailers, banks, Sparkassen and cash-in-transit companies. The ALVARA Cash Management Group AG responds to this development with stable solutions from the cloud.

Groups representing the currency, ATM, transportation and security sectors call on governments, central banks, media, business and society to stand up for cash to protect the resilience of the existing payment ecosystem and ensure vulnerable groups are not deprived of the only means of payment that is available to all. Cash is safe: we should stop stigmatising its users.

After a successful year 2019, ALVARA is embarking on new projects together with its sister companies Safelogy and Serisoft. The focus continues to be on bundling the respective core competencies. The first milestones, such as the networking of ALVARA ICC and Safelogy Monitoring, have already been achieved. For example, customers can now benefit from monitoring their smart safes and deposit safes/recyclers in addition to the classic ALVARA functions.

2019

According to the motto "Cash at the pulse of time", top-class experts from retail, banks, service companies and industry will report on current practical experience, discuss future requirements and provide new thought-provoking impulses for modern cash processes at CashCon 2020. ALVARA will once again be a cooperation partner of the event and will provide an insight into the ICC App.

The topic of "sustainability" has long since arrived in the cash-in-transit sector (CIT). But it is not only the idea of effective environmental protection that plays a role. Process optimization is also necessary, for example to improve the security situation and save costs.

Supported by its investor Silver Investment Partners (SIP), ALVARA Cash Management Group AG continues to grow together with the CMH Group. The acquisition of the software division of ZEISER GmbH (ZEISER Software) continues the sustainable growth course of the CMH Group, to which ALVARA has also belonged since 2018.

With the support of its investor Silver Investment Partners (SIP), ALVARA Cash Management Group AG is growing beyond Germany's borders as planned. CMH Group, the wholly-owned parent company of ALVARA AG, acquires the French companies Safelogy SAS (Safelogy) and MLSA SAS (MLSA). ALVARA thus achieves the next milestone towards becoming the European market leader for software solutions in cash management.

2018
2017