Cash is the original real-time payment. In fact, more than 27 percent of all payments are still made in cash, according to the most recent study from the Federal Reserve. That stat may surprise digital enthusiasts but for millions of consumers and small businesses, cash is critical to their day-to-day life. Who uses cash these days? More...Read More
Despite the hype surrounding a cashless society, cash remains firmly entrenched as a payment method and demand for currency is steadily rising. With more than 1.43 trillion U.S. notes in circulation, cash accounts for 55 percent of all in-person payments of $10 or less, and 35 percent of transactions between $10 and $25, according to...Read More
1. Omnichannel is table stakes. Nearly everyone agrees that a true omnichannel experience is a requirement to succeed in retail banking. “The industry is doing pretty well providing real-time data for monetary transactions in all channels,” Kerstein believes, but he sees limited integration on customer service. “Most institutions still lack the ability to start an...Read More
GLORY is excited to announce that AMC Theatres has chosen Glory’s CASHINFINITY™ CI-10 – Compact Cash Automation System for their new Cash Accepting Automated Box Office. The Glory cash automation solution allows the AMC box office kiosks to accept cash payment, resulting in less guest time spent waiting to purchase tickets. The solution increases convenience and choice...Read More