Company Information

Get to know Cummins Allison

Founded in 1887, Cummins-Allison Corp. had a long history as a leader in designing, manufacturing, and servicing currency and image processing solutions. The company provided a wide range of products including currency counters and scanners, coin sorters, check imaging systems, and ATMs, primarily serving financial institutions, retailers, and gaming industries. In 2020, Cummins Allison was acquired by Crane Co. and its operations were integrated into Crane Payment Innovations (CPI), a business segment of Crane. The legacy Cummins Allison products and technologies are now part of the CPI portfolio, continuing their focus on cash management and payment automation.

Industry

Technology Software DevelopmentPRIMARY
Financial Insurance
Financial Other Service

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Cummins Allison

Canada

Founded in

1887 (139 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.