LISBON, Portugal--(BUSINESS WIRE)--BPI, one of the largest financial groups in Portugal, identified an opportunity to significantly improve branch productivity and the experience they deliver to their customers through deployment of teller cash recycler technology in their branches.
Following a successful, rigorous test phase at the bank, during which Glory supported the full integration process, Glory has received commitment from BPI to deploy 37 Vertera 6G teller cash recyclers (TCR’s) across its branch network.
In addition to improving productivity of the bank staff, the Glory TCR’s will enable BPI to reduce costs through optimized in-branch cash processes. Equally, in line with BPI’s retail branch strategy, the TCR’s provide secure cash storage in open plan environments enabling them to deliver improved customer interaction.
João Ferro, Managing Director, Glory Global Solutions Portugal said: “We are very pleased that BPI has extended its trusted business relationship with Glory Global Solutions. We are confident that our recycling technology will ultimately deliver real business benefits at multiple levels for the bank.
The successful pilot proved that the Vertera 6G Teller Cash Recycler from Glory was a key enabler to improve customer satisfaction and enhance cash management processes across the BPI’s retail branch network”.
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About Glory Global Solutions
Glory Global Solutions is the global leader in secure cash management solutions. Operating across the financial, retail, cash centre and gaming industries, businesses in more than 100 countries rely on our solutions to enhance staff efficiency, reduce operating costs and enable a better customer experience.
Headquartered in the UK, Glory Global Solutions is a wholly owned subsidiary of GLORY Ltd. [TYO:6457]. Employing over 3,000 professionals worldwide with dedicated R&D and manufacturing facilities across Europe, Asia and North America, Glory Global Solutions is GLORY’s international sales and service organisation. Built on a rich customer-focused, technology-driven heritage spanning almost a hundred years, GLORY is a pioneer in the development and manufacture of cash management, vending and automatic service equipment.
For further information please visit www.gloryglobalsolutions.com or follow us on Twitter: http://twitter.com/glory_global.
About BPI
The BPI Group - headed by Banco BPI - is one of the largest financial groups operating in Portugal, focusing on the banking business, with a comprehensive spectrum of financial services and products for corporates, institutional and individual customers.
With assets of 45 billion, market shares close to 9% in deposits and 8% in loans and more than 23% in assets under management, BPI has a fully integrated multi-channel distribution network serving 1.8 million Customers at 31 December 2015.
The bank's shares are listed in the Euronext Lisbon's PSI-20 stock index and has a stock market capitalisation of 1.5 Bi €. The Chairman of the Board of Directors is Artur Santos Silva and the CEO is Fernando Ulrich.
