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How to Increase Cash Transparency in Your Bank’s Supply Chain

Financial institutions continue to adopt technology to better customer experience, but it is equally important that they have visibility into the cash supply chain. In this post, we discuss three features FIs should look for in SCM cloud software that would help improve cash transparency.

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How Retailers Leverage Technology to Increase Transparency in Cash Operations

Cash management for retailers is a challenge. Retail leaders need to have a smooth and efficient cash-handling process at their locations, but they also need quick and easy access to store-level cash position data in order to make purposeful business decisions.

Loomis acquires SecurePost, the cash handling business of the Swiss Post Group

Loomis AB has, through its wholly owned subsidiary Loomis Schweiz AG (Loomis Switzerland), entered into an agreement to acquire certain assets and liabilities of SecurePost AG (SecurePost), a subsidiary of Die Schweizerische Post AG (Swiss Post Group). The transaction scope includes all relevant customer contracts, employees and operational assets. New commercial agreements with other entities of the Swiss Post Group have been agreed and will be in effect as of closing of the transaction. The enterprise value is approximately CHF 17.5 million.

Loomis completes acquisition of Automatia in Finland

As previously communicated on February 26, 2020, Loomis AB has entered into an agreement to acquire 100 percent of Automatia Pankkiautomaatit Oy (Automatia) from present owners Danske Bank, Nordea, and OP Financial Group.

Customer Spotlight: How LuLu’s Simplified Cash Management and Tipping

Cash management was a challenge for LuLu’s, a three-unit coastal restaurant chain in the Southeastern U.S. owned by Lucy Buffett, sister of famed musician Jimmy Buffett. However, that all changed when the brand invested in Loomis’s SafePoint smart safe solutions.

Four Reasons Your Restaurant Needs a Smart Safe Program

Today, many restaurants spend a significant amount of time and resources on day-to-day cash operations. However, smart safe technology can help you automate these daily cash tasks to streamline your overall cash handling processes, increase efficiency, reduce risk, and save on labor and resources.

Five Trends Impacting the ATM Industry According to the ATMIA

From cashless retail bans to the digital payment evolution and payment rights, there is more newly proposed state and federal legislation impacting the future of the ATM industry today.

How to Improve Your ATM Cash Management

Modern ATMs represent a critical service offering for both on-the-go customers who rely on quick access to cash and the financial institutions that manage them. Here are three ATM cash management tactics that will reduce residual fees, save employee time, and increase efficiency.

How Retailers Can Attract and Retain Employees During the Labor Shortage

Retailers have been looking to hire staff to meet the needs of the pre-pandemic operations they've greenlit to operate at full capacity. However, the labor shortage has made this difficult. Here are five things retailers can do to attract and retain employees.

The Falcons Group

Loomis SafePoint and Cash Exchange eliminated trips to the bank while increasing store and employee productivity, and visibility into each restaurant’s cash activity.

Five Cash Handling Best Practices Retailers Should Implement

Cash handling is a low-value and tedious task and one way to improve upon store operations is by streamlining your cash handling process to reduce errors and increase efficiency around cash. In this blog, we discuss five cash handling best practices for retailers.