Milestones
Cummins Allison, a CPI brand, is a technology leader and innovator, bringing solutions to market that make people and processes more efficient and businesses more productive. Below are a few highlights from our legacy of contributions to the advancement of the industry.
Cummins Allison is acquired by Crane Payment Innovations, bringing value to customers by expanding our portfolio to offer a more comprehensive payment platform and service network.
Advanced design and innovative thinking bring greater productivity and value to vault processing. JetScan MPX 8200 multi-pocket cash sorter boasts 30% more throughput and a lower total cost of ownership.
Following on our ATM introduction, we released our managed services offering, JetLink ATM remote management solution.
Cummins Allison enters the automated teller machine (ATM) market with a wide range of models from dispense only to full function automated deposit.
Money Machine 2 is the world’s most powerful self-service coin counter with the industry’s highest bin and sorted bag capacities. The procurement model that includes ownership, leasing, rental or placement is also unprecedented in this market.
JetScan i400 is the fastest, smallest, most flexible multi-pocket currency scanner and sorter available. The i400 processes 1,200 documents per minute – including mixed cash and casino tickets. The i400 also captures images of cash or tickets with no discernible reduction in speed, and optionally processes multiple country currency.
JetScan iFX i200 is similar in features to the i100, but with two-pockets, for easier off-sorting.
Award-winning JetScan iFX i100 desktop scanners hits the market, processing currency at 1,600 notes per minute. The i100 scanners capture serial number and casino ticket images at 1,200 items per minute and capture check images at 400 items per minute.
Introducing Money Machine – the fastest, most accurate self-service coin counter, processing up to 4,100 coins per minute.
A powerful addition to the Cummins Allison line, JetScan MPS multi-pocket currency sorter with continuous batch processing is launched. A boon for vaults and casinos, the high-speed, high-performance system lets operators manage tickets and cash counting and sorting in a single pass.
Joining original JetScan, Universal JetScan can process multiple country currencies on one machine, handling foreign currencies at the same blazingly fast speeds as USD.
JetScan identifies counterfeit “super notes” a type of counterfeit that was first discovered in 1990. Super notes are produced using the same type of printing presses used by the government (U.S.). A super note can be forensically tied back to the first of its kind, known as Parent Note (PN) 14342.
The JetScan currency scanner is released: a desktop device that counts and denominates 1,000 mixed banknotes (bills) per minute.
Many of the largest financial institutions are Cummins Allison customers when the JetSort coin sorter makes its debut. JetSort counts and denominates coins at the almost inconceivable speed of up to 10,000 per minute.
New technologies and far greater efficiencies are developed for financial institutions, with the advent of flexible, mini-computer-based check processing systems that reduce the load on mainframe processors.
Business machines are evolving to include sound-proof electric check cancelers and automatic check cancelers, as well as automatic check printers.
Cummins begins producing dating cancelers and devices that endorse and sign checks.
The newly formed company, B F Cummins, secures the patent to manufacture the “perforator:” a device that marks documents using independently movable punches.