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To support our clients and friends across the globe and to ensure the safety of our team, Evention is actively navigating COVID-19 and providing new initiatives to help our customers emerge from this challenge in a optimal position. Please stay tuned, as we share our regular updates, analytics, and response via the timeline below. We will […]

Managing cash manually can be costly. It’s fraught with error and it’s inefficient. But, by accepting cash and managing it with automation, businesses can actually save money. Evention research shows automated cash management typically decreases the cost of accepting cash to less than 1%. By removing manual aspects, cash management can be cost effective. Managing cash through automated cash […]

Despite the recent launch of the first Amazon Go cashless grocery store, many consumers continue to pay for groceries in cash. In fact, cash transactions make up 26% of overall transactions in the U.S. Traditional manual cash management can be labor intensive and costly. These costs stem from error, inefficiency, and theft in legacy cash management practices. But by automating cash management, […]

To ban or not to ban? When it comes to cash, this seems to be government’s common question. While Massachusetts banned cashlessness over 40 years ago, just last year, Philadelphia, New Jersey, and San Francisco approved similar legislation. New York City is the most recent municipality to ban cashlessness. The city’s new legislation enacted last week, requires retailers, restaurants, and similar businesses to accept cash. The […]

A new year brings new opportunity to achieve goals. For many, these goals include exercising regularly and eating healthy. This year, kindness also seems to be on trend – and it comes in the form of generous tipping.  In fact, it’s so on trend that it’s been deemed the 2020 Tip Challenge. Weeks into the new […]