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Loomis Blog

Learn about the latest industry news and topics and how Loomis innovations and services are driving businesses forward.

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

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.

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

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

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

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

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