LISLE, Ill.–(BUSINESS WIRE)–Today, Glory announces the first of its new GLR series of Teller Cash Recycler (TCR) solutions, GLR-100. The new cassette-based recycling solution with self-auditing capabilities advances Glory’s portfolio and enables retail financial institutions to transform their branch networks and respond to changing bank branch economics.
Powered by Glory’s industry-leading banknote recognition technology, the latest generation of TCR is designed for a connected world, being compatible with IoT and cloud services. New GLR solution seamlessly connects to Glory’s secure cloud-based UBIQULARMT solutions, which provide enhanced business intelligence and enable remote monitoring and management of devices across the entire branch network.
Consumers and businesses demand banking services provided in a physical branch, especially small businesses. Customers want choice and convenience, and the challenge for banks and credit unions is to provide that in a cost-effective way.
As new branch concepts evolve, the GLR solution can adapt to locations where space is limited. This next-generation recycler offers banks and credit unions flexibility in how they continue to meet their customers’ cash transaction needs, enabling the efficient delivery of essential services, through the traditional teller and service assisted or drive-thru.
Glory is known for its industry-leading banknote authentication and the new GLR-100 delivers that with high-speed banknote counting, high-capacity storage, self-auditing capability, and secure transport of cash between cashier and the safe.
Chris T Reagan, President of Glory Global Solutions Inc, Americas and Managing Director of GLORY LTD, said, “In the Americas and globally, we have achieved our leadership in the TCR market by continually evolving our offering to meet the changing needs of our customers. Glory’s new GLR further demonstrates our commitment to research and innovation. Our TCR solutions deliver best-in-class advanced features that improve branch performance in response to changing consumer behavior. »
Glory has 30 years of experience in TCRs and has installed over 100,000 units worldwide. RBR, an independent research and strategic advisory firm, recently confirmed Glory’s global leadership position in the global TCR market with a market share of 56%.
– ENDS –
As a global leader in treasury technology solutions, we provide the finance, retail, QSR, cash center and gaming industries with the certainty that their money is protected and that we are always working to help. to build a stronger business.
Our cash automation technologies and process engineering services help businesses in more than 100 countries optimize the handling, movement and management of cash. As we travel the world, we personally engage with each customer to address their unique challenges and goals – improving staff efficiency, reducing operating costs, and enabling a more rewarding customer experience.
Employing over 10,000 professionals worldwide with dedicated R&D and manufacturing facilities across the globe, GLORY is built on a rich customer-focused and technology-driven heritage that spans over a hundred years. .