It's for CIT's to participate in Federal Reserve Cash Visibility initiative.
mFED enables carriers to pilot the E-Manifest process without requiring a significant technological investment, allowing them to test their processes and technological readiness before fully committing. The E-Manifest initiative aims to improve efficiency and security in the cash supply chain by providing better tracking and visibility of cash shipments. Carriers can benefit from enhanced operational insights and reduced risks associated with cash handling. While Morphis customers are welcome to use the app, it is not necessary to be a Morphis customer to download, install and utilize it.