Our Markets
Three segments bring together the power
of a global business
Loomis' operations are divided into two geographical segments: Europe and Latin America, and USA, and the customer-centered segment: SME/ Pay. Together, these three segments share certain group-wide functions.
Loomis' decentralized business model makes it possible to adapt operations to local conditions, regardless of which payment solutions are preferred, the degree of digitalization, security aspects and regulatory requirements.
Loomis' decentralized business model makes it possible to adapt operations to local conditions, regardless of which payment solutions are preferred, the degree of digitalization, security aspects and regulatory requirements.
Europe and Latin America
Loomis is present in 16 European countries as well as in Argentina and Chile in Latin America. The acquisition of CIMA has also established Loomis in Italy. Loomis International has operations in Hong Kong, Dubai, Israel, Canada, Shanghai and Singapore. Overall Loomis is the largest or second largest player in most of the markets within the segment. The segment consists of more than 240 branches across 22 countries.
USA
Loomis is among the leading cash management providers in North America, with extensive geographic coverage, well established logistics chains and abroad range of services. The segment encompasses more than 170 branches, giving a solid presence to meet growing demand. Loomis International’s operations in Canada and Israel are included in this segment.
SME/Pay
Loomis is focusing on serving small and mediumsized enterprises (SMEs). These businesses, spanning local retailers and restaurants to regional service providers, are increasingly hybrid in their payment solution needs, handling cash, card, and digital payments while facing new challenges in managing payments efficiently and securely. Loomis’ ambition is to be a one-stop-shop for small and medium sized businesses for managing their cash and payments.
Market trends align with our service offer
The cash management and payments market is constantly in a state of rapid change, driven by digitalization, automation, macroeconomic uncertainty, and growing awareness of financial inclusion. These dynamics make the market complex, but also full of opportunities for Loomis to expand its role as a trusted partner in secure, efficient,and sustainable cash and payment management, and high security logistics.
Market trends
-
The importance of cash in society
-
Rising Demand for Automated, Accurate and Secure Handling
-
Growth of Digital Payments and Hybrid solutions
-
A shifting and volatile geopolitical landscape
The importance of cash in society
Cash continues to be indispensable for financialinclusion and social resilience. For many people itprovides security, privacy and control, and it is a reliablefallback when digital systems are disrupted,for example, in the event of power outages, cyberincidents or network failures. Authorities in severalmarkets are also acting to protect access to cash aspart of the payment infrastructure.
How Loomis responds to the developments
Loomis safeguards access to cash by operating criticalcash infrastructure on behalf of central banks, banks andretailers, ensuring secure logistics, processing and availabilityacross communities. Loomis’ role supports continuityof payment flows and inclusion when society needsit most.
Increased outsourcing
Although billions of cash transactions take place every day, bank branches are closing as more affairs and settlements are conducted on digital platforms. When cash management is no longer regarded as a core activity by banks, new opportunities open up for Loomis.
Banks and retailers are now outsourcing their cash management by transferring responsibility for cash transport and processing to specialist companies like Loomis. The trend of outsourcing varies from market to market, as both central banks and commercial banks continues to outsource cash processing and payment services. The outsourcing trend is resulting in a larger market with high margins for Loomis. Meanwhile the customers benefit from smarter and safer services that facilitate their own operations.
Regulations protect cash
With the growth of digitalization, new insights about the important role of cash in society are emerging. Cash is an inclusive, high-integrity payment method, allowing older individuals, people with disabilities and socially vulnerable groups to participate in the economy on equal terms.
Good access to cash also reduces vulnerability in society in the event of natural disasters, conflicts and other types of disruptions. Several countries and regions are introducing legislation that requires or encourages stores and companies to accept cash as a means of including all of society in payment infrastructure. Loomis is filling a vital function in society and also contributing to sustainable social infrastructure.
Continued consolidation in a competitive payment market
Loomis is one of only a few global corporations that specializes in cash management and valuables logistics. However, the competition is tough and the climate varies from market to market. In addition to a few global actors, the industry is characterized by a large number of smaller local actors offering cash in transit and cash management.
Loomis holds a strong position and has the financial capacity to implement strategic acquisitions that both strengthen the Company’s position in existing markets and establish Loomis in new markets. A comprehensive range of products and services combined with the strength of a global organization are strong competitive advantages for Loomis.