Grocery giant Tesco renews relationship with Loomis and NCR Atleos to expand access to cash across UK

Loomis and NCR Atleos have announced the renewal of their relationship with Tesco Insurance and Money Services (IMS) in the UK. This marks the continuation of a ten-year relationship that has delivered access to cash across the UK via Tesco IMS’s network of ATMs, the third largest in the UK.

Annually around 300 million cash withdrawals in the UK now come from Tesco IMS ATMs - that’s 18% of all yearly cash withdrawals.

The grocery giant’s network comprises over 3,000 NCR Atleos machines in about 2,000 retail locations in the UK. Loomis and NCR Atleos are responsible for the cash forecasting, replenishment and maintenance services of all Tesco IMS ATMs across the country.

“We know cash is still a lifeline for many people and we’re proud to help keep it accessible, convenient and within easy reach for our customers. Over the past ten years NCR Atleos and Loomis have helped us play our part in supporting local communities. By working together, we can ensure faster, safer and even more reliable access to cash throughout the UK,” says Ban Mahsoub, Partnerships Director, at Tesco Insurance and Money Services.

“We’re confident that together we will continue to innovate and ensure cash remains a convenient and easy to access option for our customers and communities who rely on it.”

Stephan Kazes, Regional Vice President at Loomis UK, says: “We are genuinely excited to begin the next phase of our journey with Tesco Insurance and Money Services. Our longstanding relationship is built on teamwork and a solution driven approach. We could not have achieved such success without the support of the team at NCR Atleos and all parties have a true passion for ensuring cash remains accessible for all now and well into the future.”

“We are proud to continue working with Tesco Insurance and Money Services and Loomis to drive proven financial access and inclusion in the UK,” comments Anthony Parks, Vice President, Europe and Middle East Sales at NCR Atleos. “By working with us, leading service providers such as Tesco IMS are able to provide the convenient in-store cash access their customers appreciate.”

2025 RTIH INNOVATION AWARDS

Payments will be a key focus area at the 2025 RTIH Innovation Awards.

The awards. which are now open for entries, celebrate global tech innovation in a fast moving omnichannel world.

Our 2024 hall of fame entrants were revealed during an event which took place at RIBA’s 66 Portland Place HQ in Central London on 21st November, and consisted of a drinks reception, three course meal, and awards ceremony presided over by comedian Lucy Porter.

In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “The event is now into its sixth year and what a journey it has been. The awards started life as an online only affair during the Covid outbreak, before launching as a small scale in real life event and growing year on year to the point where we’re now selling out this fine, historic venue.”

He added: “Congratulations to all of our finalists. Many submissions did not make it through to the final stage, and getting to this point is no mean feat. Checkout-free stores, automated supply chains, immersive experiences, on-demand delivery, next generation loyalty offerings, inclusive retail, green technology. We’ve got all the cool stuff covered this evening.”

“But just importantly we’ve got lots of great examples of companies taking innovative tech and making it usable in everyday operations - resulting in more efficiency and profitability in all areas.”

Congratulations to our 2024 winners, and a big thank you to our sponsors, judging panel, the legend that is Lucy Porter, and all those who attended November's gathering. 

For further information on the 2025 RTIH Innovation Awards, please fill in the below form and we will get back to you asap.