Nowadays you no longer have to use a calculator to sum up banknotes and coins. Cash management technology has rapidly improved in recent years, and now there are several smart solutions for the retail industry. The idea behind Retail Cash Management is to automate the entire cash handling process, from the point of sale to bank deposit....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
Technology is driving more self-service options in branches and having a massive impact on how branch staff interact with customers. These two closely interconnected factors will determine the fate and future of the brick-and-mortar channel in banking. For retail financial institutions that accelerate their transformation strategies, branches striking the right balance between people and technology...Read More
Within the context of the ongoing discussions about branch transformation, initial conversations most often revolve around strategies for improved CX, branch staffing, delivery processes, and physical facilities. Inevitably, decisions related to currently available technologies also come into the picture at some point with the goal of supporting the various decisions made about CX staffing, processes...Read More
