Ten years ago, the banking industry endured one of its gravest disruptions: the 2007-2008 financial crisis. Perhaps no other data point illustrates the lasting impact more than the drop in total banks, from 7,381 (pre-crisis) to a much more consolidated 4,805 today. In fact, one of the biggest industry trends in the early part of...Read More

Electronic Mini-Branches containing multiple ATMs and other self-service equipment provide a low-cost way for FIs to grow and expand service without the expense of building and staffing large branches. “The concept of unattended Electronic Mini-Branches with video links to remote customer service and sales staff has been around for over 20 years,” said international retail...Read More

As a Blue Wave crashes on the shores of Congress and Democrats assert control of the House of Representatives, there’s reason to believe a Green Wave may soon follow. Democratic lawmakers in both chambers have introduced a slate of bills to align federal policy with state marijuana laws. Notably, a House congressional committee voted in...Read More

New RBR report confirms Glory leadership In North America and across all regions Lisle, Illinois – March 6, 2019 A new report from independent strategic research and consulting firm RBR confirms GLORY’s position as the leading supplier of Teller Cash Recyclers (TCRs) and Teller Automation Units (TAUs) to financial institutions in the Americas, EMEA and Asia...Read More

No question about it, today’s customers enjoy the convenience of online banking services. But that doesn’t mean they are ready to part with the nearest branch of their bank. After all, that’s where they go to inquire about loans, explore savings options and rent a safe-deposit box. It’s also where they go to meet face-to-face...Read More

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

As a small business owner, you’re keenly aware of how slim your margins can be. You’re often looking for ways to increase productivity and reduce overheads, just as often as you’re looking for new ways to drum up revenue. There are a number of reasons cash automation might be the solution you’re looking for. While...Read More