CPS Facts & Figures
  • We have been developing banknote handling systems for sixty years
  • We are world-class experts working in close partnership with central banks, banknote printworks and the world’s largest commercial banks and cash management companies across the world
  • Installed base of more than 2,000 cash processing systems across over 70 central banks and 170 commercial banking customers in 106 countries
  • c.125 billion banknotes across the world are sorted on CPS machines per year. Equivalent to sorting all the Euro notes in circulation 7 times (almost 250,000 notes every second)
  • Our Enterprise Cash Management (ECM™) solution is utilised by more than 90 customers in more than 25 countries around the world
  • We have over 300 service personnel employed around the globe, providing direct service to 70 countries
  • Our world-class R&D team comprises 30 experts and a £4m annual investment with a focus on detector technology, market leading software and mechanical design
  • We have 163 patents and patents pending held in 34 families registered in Europe, Russia, China, Australia, India and Japan
The Market Facts & Figures
  • According to the IMF, demand for cash handling hardware, software and services is largely a function of the volume of cash in circulation, which is estimated to exceed $5 trillion in 2015 and forecast to grow at 4% p.a
  • Factors driving the growth of cash in circulation include payment preferences, inflation, globalization dispersing the money supply, continually evolving banknote technologies, new banknote designs, cash hoarding, low interest rates, and an increase in informal economic activity.
  • Developments in banknote technology, self-service kiosks, and ATM functionality necessitate a high quality banknote stock
  • In addition, the increasing diversity of payment methods and a need for efficiency in government departments is driving demand for sophisticated cash processing hardware, software and services
  • The decentralisation of the banking industry is also creating new customers with significant cash operations, who are looking to reduce the processing and transportation costs associated with large cash volumes