6457 Glory Ltd.

Coventry Building Society Extends Relationship with GLORY

GLORY today announced an extension of its relationship with Coventry Building Society, the second largest building society in the UK, with a further order for 40 Teller Cash Recyclers (TCRs).

In 2018 Coventry Building Society embarked on a branch transformation programme across its branch network. The Society has developed an open plan design which provides a ‘coffee-shop look and feel’ to its branches, and teller cash recyclers are a key part of the new branch design and operating model.

The new design, which allows for greater interaction between employees and members alike, has resulted in overwhelmingly positive feedback from both customers and Coventry employees.

Today’s announcement continues the first major rollout of TCRs in a traditional (provider of savings and residential mortgage products only) UK building society and emphasises the investment that the Society is making to ensure that its branches are equipped to provide high quality service to fulfil its members needs in the branch channel.

Head of Branch Network, Matt Mannings, said: Our branch network is critical in terms of building and enhancing the relationship we have with our members and our on-going transformation programme is further elevating the first-class service we deliver. The financial needs of our members will always remain our primary focus and the introduction of Glory TCRs into our branch network is helping our staff deliver the human touch they expect when they visit our branches.

Dean Millward, Glory UK Sales Director, added:

We are delighted that Coventry Building Society continues to trust Glory’s hardware, software and service solutions to support its transformation programme. This latest extension to our relationship is a reflection of the impact we have helped to deliver both for Coventry Building Society and their customers”.

- ENDS -

About GLORY

As a global leader in cash technology solutions, we provide the financial, retail, cash center and gaming industries with confidence that their cash is protected and always working to help 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. While we span the globe, we personally engage with each customer to address their unique challenges and goals — enhancing staff efficiency, reducing operating costs and enabling a more rewarding customer experience.

Employing over 9,000 professionals worldwide with dedicated R&D and manufacturing facilities across the world, GLORY is built on a rich customer-focused, technology-driven heritage spanning almost a hundred years.

For further information please visit or follow us on Twitter: .

Coventry Building Society

Coventry Building Society is the UK’s second largest building society and a top ten UK savings and mortgage provider, with total assets of £49.5 billion and over two million members.

Its savings rates are amongst the highest in the market – the average savings rate paid to its members in 2019 was 1.49% compared to a market average of 0.84%. The Society is proud to have been independently rated number one for savings by Fairer Finance since Autumn 2016.

Coventry Building Society is committed to making financial services simple and open for its members. Its website allows savers to compare the Coventry’s savings accounts with similar products across the whole of the market.

EN
16/03/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Glory Ltd.

 PRESS RELEASE

GLORY Confirmed as Global Leader in Retail Cash Recycling Solutions by...

BASINGSTOKE, England--(BUSINESS WIRE)-- According to the newly published Global Retail Cash Automation 2025 study from RBR Data Services, a division of research and consulting firm Datos Insights, GLORY (TYO:6457) continues to lead the Global market for retail cash recycling solutions excluding Japan with 44% market share. Including Japan, Glory’s market share rises to 68%. The report examined retail cash recycling at both the point of sale and in the back office and found that Glory leads both deployment categories with 40% and 54% market share respectively, excluding Japan. To deliver an e...

 PRESS RELEASE

Glory Receives 2024 Red Dot Award for Product Design

BASINGSTOKE, England--(BUSINESS WIRE)-- Glory is pleased to announce it has received another coveted Product Design Red Dot award, for its recently launched CI-X series of retail cash recycling solutions. The Red Dot Award is an international product design award for new products that demonstrate innovation and impact in their area of application. The Red Dot panel of experts award the internationally recognised designation only to products that win them over with their high design quality. Every year, the Red Dot Award: Product Design awards recognise products that demonstrate exceptional...

 PRESS RELEASE

GLORY Appoints Joseph Gnorski as President of Americas

LISLE, Ill.--(BUSINESS WIRE)-- Glory, a global leader in cash technology solutions, is pleased to announce the appointment of Joseph Gnorski as President of Glory Americas. In his new role, Gnorski will oversee the Americas region strategy and operations, building upon his successful tenure as the company’s Executive Vice President of Retail Markets, Americas. Gnorski brings a wealth of expertise and a proven track record of leadership to his role as President. In his over 17 years of experience at Glory, he has been pivotal in driving significant revenue growth, improving operations and exp...

 PRESS RELEASE

Latest Study Confirms GLORY’s Continued Global Leadership in Teller Ca...

BASINGSTOKE, England--(BUSINESS WIRE)-- Glory’s continued leadership in the worldwide delivery of Teller Cash Recyclers (TCRs) to financial institutions has been confirmed by the latest report from independent strategic research and consulting firm RBR Data Services, a division of Datos Insights. Published on 21 December 2023, the Global Branch Transformation 2024 study showed that Glory has a 52.4% percent share of the global market for Teller Cash Recyclers. Since publication of the last such report by RBR, the retail financial sector has continued to witness significant change worldwide...

 PRESS RELEASE

GLORY to acquire Flooid, a leading provider of Cloud-based Retail POS ...

BASINGSTOKE, England--(BUSINESS WIRE)-- Glory Global Solutions (International) Ltd, a wholly-owned subsidiary of GLORY Ltd. [TYO:6457] announces plans to acquire 100% of the issued share capital of , a leader in cloud-based unified commerce software to the retail industry, from Inflexion Private Equity Partners. Headquartered in Coventry, UK with operations in the USA, Flooid focusses on helping retailers deliver seamless experiences across all customer touchpoints with a powerful cloud-native, hardware-agnostic, unified commerce platform. Driving traditional point of sale, self-checkout, mo...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch