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Three Reasons to Outsource ATM Services
Servicing your own ATMs is a risky practice that often leaves the bank's employees vulnerable and in a high-risk situation. Financial institutions can outsource ATM management to a trusted cash management partner to reduce liability and risk to the institution and its employees.
How to Protect Your Smart Safe from Burglary
Many burglaries at convenience stores, quick service restaurants, and retailers have increased, and while your smart safe helps deter criminals, remember that they are seeking to capitalize on vulnerable businesses. Protect your smart safe and business by implementing smart safe security best practices.
Four Restaurant Technologies That Can Improve the Employee Experience
In the world of hospitality, the customer experience is top of mind, all the time. However, it is important to consider the employee experience. Technology can be a restaurateur’s best friend. Here are four key features and tools that can increase retention rates, improve customer service, and foster a healthier, happier environment for your employees.
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.
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.
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