Cummins Allison
Cummins Allison, a subsidiary of Crane Payment Innovations, manufactures currency, coin, check, and ATM processing equipment. It serves financial institutions, retailers, casinos, vending operators, and government agencies through a direct factory-owned distribution network spanning North America and six international markets.
- Company typePrivate
- Founded1891
- HeadquartersMississauga, Canada
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Cummins Allison does
Cummins Allison, a wholly-owned subsidiary of Crane Payment Innovations (CPI) since the 2020 'One CPI' merger, manufactures currency, coin, check, and ATM processing equipment. The company's product portfolio spans the JetScan iFX currency counter family (single-pocket i100 and two-pocket i200 models processing up to 1,600 notes per minute), JetSort coin sorters, CoinMax self-service coin-redemption kiosks, Easitrax cash-management and floor-analytics software, receipt printers, and a broad line of proprietary consumables and supplies. Underlying technology centers on patented iFX sensor arrays that perform dual-sided imaging, OCR-driven serial number capture, and multi-level counterfeit detection combining magnetic, ultraviolet, infrared, and fluorescent analysis, with a stated 99.99% accuracy rate and software-activated feature expansion.
The company serves five primary verticals: financial institutions (banks and credit unions), retail, gaming and casinos, coin-op and vending operators, and law enforcement and government agencies. It claims to serve the majority of all major financial institutions worldwide. Distribution is direct and capital-intensive: 50+ factory-owned branch offices across North America staffed with dedicated sales managers, account managers, and factory-trained service technicians, plus wholly-owned subsidiaries in Canada, the UK, Ireland, France, Germany, and Australia, supplemented by a global distributor network and an e-commerce storefront at store.cumminsallison.com. R&D centers operate near San Diego and Philadelphia, and manufacturing is vertically integrated across design, engineering, precision machining, assembly, and QA/QC.
The business model combines one-time hardware sales (currency counters priced $3,640–$6,575 per unit), recurring annual service and maintenance agreements accessed through a customer Service Portal, consumables revenue (thermal paper, currency straps, coin bags, printer ribbons, MICR supplies), and software license activations for incremental capability upgrades. Customer acquisition is led by enterprise field sales rather than self-service for large accounts, with the e-commerce channel targeting smaller buyers and consumables reorder. Founded with a 125-year operating heritage and holding over 350 U.S. patents in cash and currency handling, Cummins Allison operates as the currency-processing arm of CPI rather than a standalone enterprise.
Cummins Allison firmographics
Firmographics- Name
- Cummins Allison
- Legal name
- Cummins-Allison Corp.
- Website
- https://cumminsallison.com
- Company type
- Private
- Founded year
- 1891
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Cummins Allison, a subsidiary of Crane Payment Innovations, manufactures currency, coin, check, and ATM processing equipment. It serves financial institutions, retailers, casinos, vending operators, and government agencies through a direct factory-owned distribution network spanning North America and six international markets.
- Ownership category
- akta.pro rank
Cummins Allison industry classification
Industry- Product category
- Currency Processing Equipment
- NAICS
- Commercial and Service Industry Machinery Manufacturing (3333)
- SIC
- Misc Industrial & Commercial Machinery & Equipment (3590)
- akta.pro primary industry
- Cash Drawers, Cash Handling & Coin/Bill Counters (HDACAKAE)
- akta.pro secondary industries
- Receipt, Label & Card Printers (Thermal/Impact) (HDACAKAD), Gaming Peripherals & Player Interface Hardware (Bill/Ticket Validators, Printers, Touchscreens) (MPAEANAE)
Keywords
Where Cummins Allison is headquartered
LocationHeadquarters
- HQ city
- Mississauga
- HQ country
- Canada
- HQ region
- North America
Offices11 records
Markets served
Cummins Allison business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Currency Processing Equipment: Sale of high-volume currency scanners, sorters and counters including JetScan iFX series. Hardware sales with one-year parts warranty and ninety days labor warranty. Features software upgrade capability for future feature expansion.
- Coin Processing Equipment: JetSort Coin Sorters for high-speed, high-accuracy coin processing solutions for banks, casinos, retailers, and cash-intensive operations.
- Printer Products: High-speed thermal and impact receipt printers designed for retail, banking, and industrial environments.
- Consumables and Supplies: Replacement supplies including ATM paper, printer ribbons, currency straps and bands, coin wrappers, MICR ink and paper, and cleaning supplies.
- Service and Maintenance: Annual service agreements providing preventative maintenance and repair services. Service Portal for existing customers with service agreements to request service and track status of service requests.
- Software Licenses: Software licenses for currency processing equipment enabling features like serial number capture, check scanning, and document processing. Expandable via software activation keys.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | iFX 100 Series - Single-pocket currency counters |
| Unit Pricing | Pay-as-you-go | iFX 200 Series - Two-pocket currency counters |
| Unit Pricing | Pay-as-you-go | Consumables and accessories |
| Subscription | Annual | Service and Maintenance Agreements |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Cummins Allison product offering
Product offeringCore offering
Cummins Allison designs, engineers, and manufactures high-speed currency counters and scanners (JetScan iFX i100 and i200 series), JetSort coin sorters and counters, thermal and impact receipt printers, and the Easitrax cash-management software for casino and retail environments. The equipment is sold to banks, credit unions, retailers, casinos, vending operators, and government agencies, supported by 50+ factory-owned North American branch offices and international subsidiaries. Revenue is complemented by recurring annual service and maintenance agreements, software licenses, and consumables such as currency straps, coin bags, thermal paper, and printer ribbons.
Product overview
Cummins Allison is a global leader in currency, check, and coin processing solutions, now operating under Crane Payment Innovations (CPI). The company offers an integrated portfolio of hardware products organized around three core platforms: JetScan currency counters for high-volume money processing, JetSort coin counters for rapid coin sorting and counting, and a comprehensive printer line for receipts and transaction documentation. The iFX series represents their flagship currency counter technology available in both single-pocket (i100) and two-pocket (i200) configurations with varying levels of counterfeit detection. The product ecosystem includes software-activated feature expansion, accessories, and extensive supply consumables, all supported through a network of 50+ factory-owned North American branch offices and international subsidiaries.
Differentiator
Problem solved
Functional benefit
Brands
- JetScan: Money counter product line including iFX 100 and iFX 200 series currency counters and scanners
- JetSort
- CoinMax
- Easitrax
Products and services
- JetScan iFX i100 Currency Counter
Quantifiable outcome
- 99.99% accuracy rate for currency processing
- +4 more outcomes
Companies that use Cummins Allison
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
Cummins Allison technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature6 records
Cummins Allison partnerships and signals
Strategic signalScale indicators9 records
Recent moves7 records
Expansion highlights5 records
Cummins Allison competitors and assessment
Company assessmentBroad incumbents
- Giesecke+Devrient: German-based global security technology company providing banknote processing, cash management, and currency authentication solutions. Comparable as a broader incumbent in currency security and processing with overlapping banking and central bank customers.
- Crane NXT: Parent company of Crane Payment Innovations (which merged with Cummins Allison in 2020). Comparable as the broader portfolio entity encompassing currency processing, payment technology, and self-service solutions across retail, gaming, and financial services.
- De La Rue: British banknote printer and currency security solutions provider with cash processing and authentication product lines. Comparable as a major incumbent in currency production and processing serving central banks and financial institutions.
- Diebold Nixdorf: Global provider of ATMs, POS, and banking self-service technology. Comparable as a broad incumbent serving the same financial institution customer base with related cash handling hardware and service offerings.
- NCR Corporation: U.S.-based provider of ATMs, POS systems, and self-service solutions for retail, banking, and hospitality. Comparable as a broad incumbent in payment hardware with overlapping ATM and self-service cash handling offerings for the same financial institution and retail customers.
Direct peers
- Cassida Corporation: U.S.-based manufacturer of currency counters, coin counters, and counterfeit detection equipment. Directly comparable as a specialized competitor in money counting hardware for SMB retail, financial, and cash-intensive customers.
- Magner International: Manufacturer of currency counters, coin counters, and counterfeit detectors. Directly comparable as a specialized competitor in money counting and coin processing equipment with overlapping product categories.
- Glory Ltd. Japan-based global leader in cash handling, recognition, and recycling equipment for financial, retail, and gaming markets. Directly comparable as a competitor in currency counters, sorters, and coin processing with overlapping product categories and customer segments.
- Cashmaster: UK-based manufacturer of money counting and cash management solutions for retail and food service. Directly comparable as a specialized competitor in money counting hardware with overlapping retail and small-business customer segments.
- Tellermate: Provider of cash counting and cash management solutions for retail and food service operators. Directly comparable as a specialized competitor in back-office cash counting and float management hardware and software.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Cummins Allison social profiles
Digital presenceCummins Allison compliance and trust
Trust signalCompliance2 records
Cummins Allison financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cummins Allison leadership team
Management profileNumber of profiles
Profiles1 record
Cummins Allison subsidiaries and ownership
Company hierarchySubsidiaries1 record
Cummins Allison funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cummins Allison M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cummins Allison
What does Cummins Allison do?
Cummins Allison designs, engineers, and manufactures high-speed currency counters and scanners (JetScan iFX i100 and i200 series), JetSort coin sorters and counters, thermal and impact receipt printers, and the Easitrax cash-management software for casino and retail environments. The equipment is sold to banks, credit unions, retailers, casinos, vending operators, and government agencies, supported by 50+ factory-owned North American branch offices and international subsidiaries. Revenue is complemented by recurring annual service and maintenance agreements, software licenses, and consumables such as currency straps, coin bags, thermal paper, and printer ribbons.
Is Cummins Allison a public or private company?
Cummins Allison is a private company. It is classified as corporate owned and is currently operating.
When was Cummins Allison founded?
Cummins Allison was founded in 1891. It employs 501 to 1,000 people.
Where is Cummins Allison based?
Cummins Allison is headquartered in Mississauga, Canada, in the North America region.
How does Cummins Allison make money?
Six revenue lines are on record. Currency Processing Equipment is the primary driver. The others are coin Processing Equipment, printer Products, consumables and Supplies, service and Maintenance and software Licenses.
Who are Cummins Allison's main competitors?
Broad incumbents on record are Giesecke+Devrient, Crane NXT, De La Rue, Diebold Nixdorf and NCR Corporation. Direct peers are Cassida Corporation, Magner International, Glory Ltd., Cashmaster and Tellermate.
Does Cummins Allison have an API?
No public API is recorded for Cummins Allison.
What industry is Cummins Allison in?
Cummins Allison's product category is Currency Processing Equipment. Its primary akta.pro industry code is HDACAKAE, Cash Drawers, Cash Handling & Coin/Bill Counters, with a secondary code of HDACAKAD, Receipt, Label & Card Printers (Thermal/Impact). Its NAICS code is 3333 and its SIC code is 3590.