Loomis and Gunnebo to launch new SafePoint® Titan Z smart safe
By Nikita Chaurasia  Date: 2020-01-02

Loomis and Gunnebo to launch new SafePoint® Titan Z smart safe

Loomis, a Sweden based cash handling firm, has reportedly announced plans to unveil its new SafePoint® Titan Z smart safe between January 12-14, 2020, at NRF 2020 Retail’s Big Show and Expo. being held in New York.

The SafePoint Titan Z is designed to suit small scale businesses and can bring in secure, efficient and reliable cash processing benefits.

Loomis by joining hands with Gunnebo, a global leader in smart cash management solutions, will expand their already market-leading SafePoint ecosystem to further strengthen their leadership position in the sector of cash automation.

Moises Gonzalez, VP of SafePoint, Loomis, reportedly stated that the company had seen a need in the U.S. market for a cost-effective, compact cash handling solution specifically designed for businesses with low cash volumes.

Gonzalez further stated that this partnership will meet that need by offering customers with a top-quality smart safe unit which is assisted by an innovative software platform.

John Stroia, VP, Gunnebo North America, reportedly stated that the development of the Titan Z involved a close collaboration effort with Loomis. The product has been customized and designed for the company’s unique suite of solutions, closely working to combine the software with the core system of Loomis to improve not just their hardware but also the user experience altogether and subsequently offer a solution unlike anything one could find in the marketplace.

About Loomis:

Loomis has one of the largest integrated cash distribution network, with around 400 branches in about 20 countries and employs approximately 24,000 people. The company recorded a revenue of SEK 17.2 billion in 2017. The company provides effective and safe comprehensive solutions for handling, storage, distribution and recycling of cash as well as other valuables. Their customers include retailers, banks and other operators.

About Gunnebo:

The Gunnebo Group is a renowned leader in security services, products and software with mainly focusing on cash management, entrance control and safe storage. The company has locations in over 25 countries with more than 4,500 expert employees, it also specializes in efficient and robust security solutions.
 

Source credit: https://finance.yahoo.com/news/loomis-launches-most-compact-smart-160000092.html?guccounter=1

About Author

Nikita Chaurasia    

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More

More News By Nikita Chaurasia

Coinbase puts forth a buyout offer for crypto brokerage firm Tagomi
Coinbase puts forth a buyout offer for crypto brokerage firm Tagomi
By Nikita Chaurasia

San Francisco based digital currency exchange major Coinbase has reportedly announced its acquisition of the crypto prime brokerage platform, Tagomi. For eight years, Coinbase has been known for its credibility in the field of industry-leading tradin...

National Congress of China recommends government-led blockchain fund
National Congress of China recommends government-led blockchain fund
By Nikita Chaurasia

The parliament of China, National People’s Congress, has reportedly given a suggestion for a blockchain development fund, backed by the government to be able to build up a good governance system. The most powerful and important political adviso...

Halifax to initiate COVID-19 vaccine trials with CanSino Biologics
Halifax to initiate COVID-19 vaccine trials with CanSino Biologics
By Nikita Chaurasia

The Dalhousie University, also known as Halifax University, located in Canada, has reportedly announced that its team would be working in collaboration with Chinese manufacturer, CanSino Biologics, to conduct the first-ever Canadian clinical trial fo...

Researchers to investigate the risk of airborne viruses in buildings
Researchers to investigate the risk of airborne viruses in buildings
By Nikita Chaurasia

As the world gradually paces back to normalcy after recuperating from the devastating effects of COVID-19, a research team from DOE’s Lawrence Berkeley National Laboratory (Berkeley Lab) embarked on the quest to study the risk of airborne virus...

NZME unveils a takeover bid of US$0.61 for its rival Stuff Limited
NZME unveils a takeover bid of US$0.61 for its rival Stuff Limited
By Nikita Chaurasia

NZME, a News Zealand media giant, has recently unveiled a symbolic US$0.61 (NZ$1) takeover bid for rival Stuff Limited in an attempt for consolidation of the news industry in the country, amid the downturn caused by the coronavirus pandemic. Nine Ent...