Loomis Blog

5 Ways to Source Coinage During the Nationwide Shortage

Aug 11, 2020

As the ongoing COVID-19 pandemic disrupts U.S. coin circulation, Loomis recommends several ways that businesses can increase coin availability or exchanges.

Cash Management, Retail, Financial

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

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

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

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

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

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

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

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

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

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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