Auriga, a global software provider for the omni-channel banking and payments industry, has announced it is taking a majority shareholding in F1 Solutions, a Warsaw-based, multi-vendor ATM, cash management and cash recycler software vendor. The deal furthers Auriga’s international expansion strategy and will help the business enter the Polish market and grow in Central and Eastern Europe (CEE).
Founded in 2014, F1 Solutions is focused on software for cash management and multivendor applications for ATM machines and cash recyclers. Its software F1 TPS Suite runs on a quarter of ATMs in Poland, while its cash management solution system is used by the biggest banks in Poland. The full team of skilled analysts, developers and testers at F1 Solutions will be joining Auriga.
The F1 TPS suite, which like Auriga’s WinWebServer (WWS) software solution is hardware agnostic, highly adaptable and complies with the NDC/DDC environment/infrastructure, manages all self-service operations optimally with full insight. The software is designed to accelerate innovation through personalised customer experience and adaptable development technology. It provides full support of processing all transactions and processes including withdrawals, cash-in, goods and services, etc, as well as cash management and active monitoring.
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