G4S, Natwest partnership brings new secure way to deposit cash

Natwest has launched Intelligent Safe, an innovative cash management system developed in partnership with G4S that will allow…

Railways to allow armed escorts in freight trains to secure goods prone to theft

Railways will now allow armed escorts provided by private agencies in goods trains to ensure safety of commodities susceptible to…

US Government shutdown wreaks havoc on security contractors

With each passing day, the effects of the partial shutdown of the U.S. government, which is now officially the longest in the…

Delhi govt yet to notify MHA cash transportation order

Over four months after the Union Ministry of Home Affairs (MHA) issued model rules for regulation of transportation of cash, the…

ATMs in crisis as cost guts service providers

Almost half of the countrys ATMs are facing closure as early as by March next year as the privately operated service providers…

No cash will be refilled in ATMs after 9 PM from 2019

Beginning February 8, 2019, no ATM in urban and rural regions across the country will be replenished with currency notes post 9:…

ATM security increased following FBI warning

U.S. banks are increasing ATM security following a warning from the Federal Bureau of Investigations about new potential threats…

60 private security agencies face risk of closure

In April, RBI had issued a circular saying that security agencies transporting cash for banks must have a minimum net worth of A…

G4S wins contract with major US retailer

G4S has won a new, five year, Retail Cash Solutions contract with a major US retailer. The contract will begin mobilising in the…

RBI sends guidelines on cash management to banks

The Reserve Bank of India has sent a notification to all Public Sector Banks / Private Sector Banks / Foreign Banks / Regional…

GST will boost organised security biz, says SIS CEO

Goods and Services Tax (GST) will boost organised security services business, Security and Intelligence Services India Ltd (SIS)…

Punjab police offers to train bank security guards

Punjab police has offered to train security guards of banks to prevent robberies, days after armed men looted Rs 1.33 crore cash…