Loomis Blog

Individuals taking part in a business implementation meeting

Changing cash-handling vendors? Five steps to ensure a problem-free implementation

Jul 13, 2020

Our implementation experts take us through some of the crucial steps to keep in mind when going through this transition to ensure it’s seamless and as non-disruptive to your business as possible.

Cash Management, Retail, Cash Transportation, Financial, SafePoint, Technology

Why not accepting cash during a pandemic could hurt your business

Jun 15, 2020

This is an unprecedented situation that we’re all learning from and adapting to every day. Whether contactless payments are being mandated or encouraged in your industry, here are some of the top reasons why choosing not to accept cash could hurt your business.

Cash Management, Banking, Convenience Store, QSR

Three ways outsourcing CMS can benefit your financial institution during a major business disruption

May 26, 2020

Experts in the cash management industry have seen a major shift toward outsourced cash management services (CMS) in the past five years. Community financial institutions are increasingly seeing the benefits and savings in working with a partner that specializes in cash handling—especially when forced to work through a major business disruption like the one currently caused by the COVID-19 pandemic.

Cash Management, Banking, ATM, Financial

The new normal: How restaurant operators are adapting and reopening post-COVID-19

May 14, 2020

Many businesses have been greatly impacted by shutdowns in the wake of the COVID-19 pandemic. Restaurants, while no exception to the recent decline in sales, have found ways to modify some aspects of their business in order to stay resilient.

Cash Management, SafePoint, Retail, QSR

Loomis employees in an armored truck bay

The latest on our COVID-19 response—a nationwide effort, a united Loomis team.

Apr 20, 2020

The COVID-19 pandemic has challenged our organization, our customers, and our staff in ways we never anticipated, but we’ve also seen and found opportunity, strength, and character. We caught up with Randy Sheltra, our EVP of Risk Management, for a firsthand look at Loomis’ latest front-line efforts in responding to this unprecedented crisis.

Cash Management, Banking, Retail, Financial

Cash and COVID-19: Four reasons why cash is your safest payment option

Apr 9, 2020

Cash is often thought of as being germier than its card counterparts, and it’s easy to understand where the misconception comes from. Here are the four top benefits of using cash during this time of crisis.

Cash Management, Retail, Security

Loomis armored truck managing cash transportation

Cash Visibility Initiative: How a new industry partnership is improving transparency for cash transportation

Mar 23, 2020

With so much visibility when it comes to tracking consumer packages, why does the same level of visibility not apply to transported cash?

Cash Transportation, Cash Management, Secure Logistics

Customer Spotlight: How Loomis smart safes help Sonic reduce theft and drive efficiency

Jan 20, 2020

Learn how a Loomis SafePoint® solution let Houston-area franchise locations deter break-ins, simplify cash handling, and gain insight into their operations.

Cash Management, SafePoint, Customer Spotlight, QSR

Grocery store customer transaction at register

The hottest cash recycler technology is for grocers

Jan 6, 2020

Learn how cash recyclers are changing the game for grocery retailers when it comes to retail cash management, improving ROI and customer experience.

Technology, Cash Management, SafePoint, Retail

3 Cash Management Trends That Can Save Restaurants Money

Dec 3, 2019

These simple cash handling and management strategies are helping restaurants optimize operations, secure sensitive data, and lower their overall bottom line.

Technology, Cash Management, SafePoint

3 ways cash vault services save money and help customers

Nov 20, 2019

Learn why banks are using cash vault services to maximize their budget and gain insight into their cash management process.

Financial, Technology, Cash Management

Customer Spotlight: How one QSR group applied smarter cash-handling

Nov 4, 2019

Testing smarter cash-handling solutions from Loomis saved this QSR operator money and gave it the confidence to make the leap to smart banking.

Cash Management, Customer Spotlight, QSR, SafePoint

Financial institution personnel developing ATM forecast

How financial institutions are utilizing ATM cash forecasting

Oct 21, 2019

How financial institutions can optimize their operations with ATM cash forecasting—hear the latest insights from two industry-leading experts.

ATM, Banking, Cash Forecasting, Financial

Is a cash recycler solution right for my business?

Aug 26, 2019

Cash recycler technology allows businesses to automate cash handling and improve accuracy and efficiency. Find out if a cash recycler is right for you.

Cash Management, Retail, SafePoint, Technology

C-store cashier handles cash exchange with customer

Customer Spotlight: BellStores partners with Loomis to protect its people and profits

Aug 12, 2019

C-stores are shifting to mixed-use concepts to maximize profits—but this also means increased risk. Find out how one customer streamlined and secured all their locations with Loomis SafePoint Titan®.

Retail, SafePoint, Technology, Customer Spotlight, Convenience Store, QSR

Five top benefits of cash recyclers

Jul 29, 2019

From automated, accurate counting to reduced idle cash and third-party fees, here are the top ways businesses benefit from a cash recycler system.

Cash Management, Retail, SafePoint, Technology

Loomis Special Ops: Solving cash-in-transit challenges, one branch at a time.

Jun 17, 2019

Our newest team of experts is ready to mobilize in any region at a moment’s notice.

Cash Transportation, Financial

Staying ahead of the cashless curve

May 6, 2019

Cashless stores are making headlines, but why all the buzz? From ethics to economics and more, here are some of the top factors to consider, including why having a robust cash-handling solution is still your best business strategy.

SafePoint, Cash Management, Retail

Security, tech, and more. Here’s what’s trending in cash management.

Apr 10, 2019

Rapidly developing technology, increased operating costs, and security threats—these realities all directly affect financial institutions and businesses that deal with high cash volumes. Operators looking to stay competitive are implementing trending solutions and tactics in their day-to-day processes.

SafePoint, Security, Technology, Financial, Retail, QSR

6 Huge Benefits of Effective Cash-Handling

Mar 25, 2019

Retail remains a cash-intensive industry, and a robust cash-handling process is key for operators determined to stay competitive.

SafePoint, Cash Management, Retail, Convenience Store, QSR

Cash visibility in a data-driven world

Mar 11, 2019

For retail and other businesses that handle a high volume of cash, the key to success goes beyond just keeping that cash secure. More and more frequently, forward-thinking businesses are taking it a step further with automated cash-handling processes, utilizing data to gain complete visibility of their funds and real-time insights on how their business is performing. All of this can be achieved with the support of a robust reporting platform provided as part of a professional cash management program.

Retail, QSR, Technology, Cash Management

Four ways retail businesses benefit from daily provisional credit

Feb 26, 2019

In this article, we’ll discuss what provisional credit is, as well as the key benefits for retailers who utilize daily provisional credit as part of their business operations.

SafePoint, Cash Management, Retail, QSR, Convenience Store

How to stop theft from taking a bite out of QSR profits

Jan 28, 2019

With multiple touch points in cash-handling processes, quick-service restaurant businesses are leaving themselves vulnerable to internal and external loss and theft. The right cash management solutions should help close the loop, reduce risk, and save money.

SafePoint, Cash Management, Retail, QSR

Renew your focus on in-store security in 2019

Jan 1, 2019

There are several basic steps every business owner can take to protect themselves and their operation from shoplifting, robbery, and internal theft.

Retail, SafePoint, Security

Customer Spotlight: Summit Truck Group Reduces Risk of Robbery and Theft with Titan C Program

Dec 17, 2018

With 33 locations serving 28 markets across eight states, Summit Truck Group is the largest international truck dealer in North America, and also represents Kenworth, Volvo, Mack, and Isuzu commercial trucks, as well as Crane Carrier specialty vehicles.

Customer Spotlight, Cash Management, Retail, SafePoint

Convenience store operator views deposit slip from Titan smart safe

Why smart safe technology is a must-have for smart retailers

Dec 10, 2018

For retail operators, having more cash on hand comes with more responsibility. Effectively managing and processing that cash, especially if done manually, can create a lot of unnecessary stress for operators. More business owners are realizing that they’re putting a strain on valuable resources while still being unable to avoid the risks of shrinkage or inadequate security, and they’re looking for new cash-handling solutions to improve their bottom line.

Cash Management, SafePoint

Still servicing your own ATMs? Beware of these dangers.

Nov 26, 2018

In recent years, most financial institutions have shifted to using an armored carrier service to service and replenish their ATM machines. These businesses realize that the cost to outsource their ATM servicing needs to a professional cash management partner is well worth paying in comparison to the potential risks and loss of efficiency that come with handling this process on their own.

ATM, Banking, Financial

Three tips to ensure your in-store cash handling procedures are ready for the holiday rush

Nov 19, 2018

You work hard to grow and manage your business, and the holiday season is an opportunity to increase profits even more in a short amount of time. But, with increased transactions and more cash in the mix, the risk for losses due to internal or external theft or staff error increases, especially if you haven’t made the switch to automated in-store cash handling.

Cash Management, SafePoint, Retail

Guiding Your Clients to the Right Cash Management Solution

Nov 12, 2018

For commercial business clients who accept cash as a form of payment, the need for a more sophisticated approach to handling cash is paramount for maintaining profitability. Familiarizing yourself with what different services cash management providers are offering better positions you to help clients identify their points of need and improve their operations—and their bottom line.

Cash Management, Banking, Financial, SafePoint

Five ways your financial institution can benefit from outsourced cash management

Oct 18, 2018

There’s been a tremendous shift toward outsourced CMS, with community financial institutions opting to work with either a partner that specializes in cash handling or a correspondent bank.

Cash Management, Technology, Banking, Financial

Why it’s crucial to have a cash management partner with a strong business continuity plan

Sep 11, 2018

This time last year, businesses in Texas, Florida, and Puerto Rico were dealing with the aftermath of some of the most severe hurricanes this nation has ever seen. It may not be something that crosses your mind every day, but having a cash management partner with a solid emergency response/business continuity plan can make all the difference in helping your organization recover after a crisis.

Cash Management, Retail, Banking, Financial

Four ways businesses win with tech-driven cash management

Aug 20, 2018

Reliance on traditional cash-handling process can take a huge toll on business operations. Here are just a few of the ways a cohesive, modernized approach to cash management can help save time and money and turbocharge businesses.

SafePoint, Cash Management, Technology

How cash management enhances both commercial businesses and Treasury Management

Aug 13, 2018

Cash management continues to become more of a priority across numerous industries. With the right solutions in place, commercial businesses and financial institutions’ Treasury Management can both reap the benefits.

Cash Management, Financial, Banking

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