NCR Corporation (NYSE: NCR) today announced a reseller agreement for its APTRA Cash Connect software with Glory, Ltd., one of the largest providers of cash handling devices in the world.
Glory will resell NCR APTRA Cash Connect as a software offering with its teller cash recycler (TCR) hardware globally. APTRA Cash Connect is run by more than 700 financial institutions in more than 40 countries, making it the most installed teller automation software in the world.
As an extension of NCR's commitment to multi-vendor software, this new relationship with Glory makes APTRA Cash Connect accessible on more than 80 percent of the world's teller automation installed base.
APTRA Cash Connect helps financial institutions and employees use, monitor and integrate multi-vendor teller automation units, such as TCRs. By increasing the ease-of-use of TCRs, financial institutions can help their tellers free up higher quality time with customers, improving their branch experience.
"NCR software plays a pivotal and leading role in the management and operation of branch transformation technology in financial institutions around the globe," said Michael O'Laughlin, senior vice president, NCR Financial Services. "Through this extension of our relationship with Glory, even more financial institutions will be able to experience our intuitive and easy-to-use teller automation software. Glory has a robust and extensive customer base and we look forward to working closely with them on bringing this combined offer to market."
NCR APTRA Cash Connect is now certified to work on various Glory TCR models. Glory currency recycling machines enable banks and other financial institutions to efficiently and automatically recycle cash at the branch. Tedious machine replenishment and emptying is minimized due to the internal currency recycling system where deposited notes are immediately available for withdrawals, and now can be powered by APTRA Cash Connect.
"Glory is pleased to be certified to work with NCR so that we can provide Glory TCRs to existing APTRA Cash Connect customers, as well as financial institutions that are looking for a complete TCR hardware and software solution," said Toshi Yoshinari, European marketing manager, Glory. "Customers all over the world can rely on Glory and NCR's solutions to improve teller cash handling experiences, thanks to the knowledge we have obtained from our long history as cash handling machine providers."
According to NCR data, financial institutions can cut cash transaction times by an average of 30 seconds for withdrawals and two minutes for deposits by using TCRs and APTRA Cash Connect. With this saved time at each and every transaction, branch staff time can concentrate on higher value activities such as lead generation, cross-selling and up-selling, and improving customer service by reducing the amount of time spent in line.