Business model

Well-functioning public markets require a smooth flow of cash. Buyers and sellers need access to currency to exchange services and products, and having the right amount of cash in the right place at the right time characterizes efficient economies.

Formal responsibility for providing bills and coins to a country or region belongs to the central bank, but other players, such as Loomis, can manage the flow of cash.

Vision and business model

Loomis’ vision is to manage the public flow of cash. The public flow of cash is complex and includes players and operators such as buyers and sellers, banks, cash handling centers, and ATMs, along with activities such as cash transportation, processing, storage, and recycling. The following figure illustrates the flow of cash and Loomis’ part in it.

Crucial player in the public flow of cash

The public flow of cash starts in national central banks and continues via local banks or external cash handling centers. From there, the cash flows in several directions, mainly via consumers who use ATMs and then spend cash in stores, which then re-deposit cash in centers where the money is stored or redistributed. On several occasions along the way, the cash must be counted, sorted, packaged, and transported. Loomis strives to increase efficiency in this flow with its innovative and comprehensive integrated solutions.