Ryan Loebs is a TCR industry expert with over 15 years of experience in Financial & Retail cash automation. He has guided financial institutions and technology companies of all sizes in their approach to adopting successful TCR implementations. Over the last 6 years Ryan has held roles in TCR Product Management, Sales Strategy, & Relationship Management.

Since the mid 2000’s Teller Cash Recyclers (TCRs) have been a staple in the US financial industry as teller efficiency tools, for improving customer satisfaction and even part of far-reaching strategic initiatives. Since then, banks and credit unions across the US have deployed large populations of TCRs and enjoyed the benefits of teller automation, the good times would never end.

Fast forward to the spring of 2020. With the event of the covid global pandemic everything changed, it had to…

In today’s banking environment with branch closures and specifically labor shortages, we started thinking about TCRs in a new way. We wanted to eliminate traditional barriers that are slowing or outright preventing, financial institutions that wanted to, the ability to automate teller cash transactions.

Today we are so excited to be announcing the MS500EL, the newest member of the Hyosung MS500 TCR family. The MS500EL is the industry’s most advanced entry level TCR, coming standard with incredible features for its class, such as a digitally secure Windows10 platform, 8500 note capacity, 7’’ touch screen display. These and many more features are designed to make the life of a teller much more productive all while staying in budget.

By adding an entry level device to the existing MS500 TCR family of products, customers now have the flexibility to choose the right product set for their unique needs. Were delighted to offer the new MS500EL as the FI friendly, TCR for everyone.