Loomis Opens an AI Center in Collaboration with AI Granada R&I and the University of Granada
Loomis reinforces the company's commitment to innovation and technological development by creating a new AI center in Granada, Spain.
Loomis is creating a Center of Excellence in Artificial Intelligence together with the AI Granada R&I Foundation, in collaboration with the University of Granada. Loomis is also establishing itself as a long-term partner of the AI Granada R&I Foundation, supporting its research initiatives. The aim of the initiative is to develop future solutions for the financial sector and payment systems.
Why Granada: talent, university and ecosystem
Aritz Larrea, Chairman and CEO of Loomis AB, said:
"The University of Granada is a leader in the field of artificial intelligence, and at Loomis we are convinced that AI has great potential to improve the processes and services of the financial sector. Granada has the talent, energy and vision needed to become a European benchmark in AI, and we are proud to be part of this technological drive".
José Luis Dessy Martínez, director of the AI Granada Foundation, stated:
"Loomis' support is a decisive step toward building a strong artificial intelligence ecosystem in Granada. These agreements will allow us to train new professionals, promote cutting-edge projects and project the city's capacity for innovation on an international scale".
Research lines: payments, fraud and operational optimization
The research center will support research projects and offer practical training in collaboration with the University of Granada, under the academic direction of Enrique Herrera Viedma and Francisco Herrera Triguero, internationally recognized AI researchers. As part of the initiative, postgraduate students will take part in Loomis' internal development projects, working on specific tasks.
The University of Granada is Spain's leading institution in artificial intelligence and computer science research, focusing on applied AI, ethics and interdisciplinary research, in close collaboration with industry and international partners.
In Spain, Loomis offers cash and valuables transport and custody services, treasury management, smart safes, payment solutions and digital tools for automating cash management. From its new center in Granada, the company reinforces its commitment to innovation and local economic development, projecting Andalusian talent onto a global network of technological excellence.
Press contact:
Loomis Spain
teresa.carbonell@loomis.com
About Loomis:
Loomis offers comprehensive, secure and efficient solutions for payment management, including the distribution, handling, storage and recycling of cash and other valuables. Loomis' clients are mainly financial institutions and retailers. Loomis operates through an international network of around 400 branches in 27 countries. Loomis employs around 24,000 people and in 2024 generated revenue of more than SEK 30 billion. Loomis is listed on the large-cap list of the Nasdaq Stockholm.