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As physical bank branches close on high streets across the UK, cash is becoming increasingly sparse. It is also being used as an essential part to protect against the cost-of-living crisis. The UK saw a record breaking day on 22 December 2023 where more than £62 million in cash was withdrawn from Post Office branches. In the
With the start of the new year, Auriga wants to provide its perspective on the main trends that will mark the banking sector in 2024 and outline the future challenges for banking institutions and strategies on how to address them. In particular: Assisted self-service: a hybrid approach to banking Banking hubs rollout Conversational AI Cybersecurity
The ATM Industry Association (ATMIA), the leading non-profit trade association representing the entire global ATM industry, has named Auriga its January Member of the month for Europe and Emerging markets. This is in recognition of our close involvement in the association and shared aims to promote self-service banking solutions globally. Acknowledging the accolade, our founder
2024 will be another major year of change and challenge for retail banks. Our hope is that we see some retail banks take a more ambitious approach to digital self-service banking and not simply mark the year by more branch and ATM network cuts that harm customers. Will the brakes be applied on branch and
With cyber threats evolving at a breakneck pace ( recently a new ATM Jackpotting attack was reveled, combining shimming and relay attack), new features in Auriga’s Lookwise Device Manager (LDM) are unveiled, amplifying its capabilities in securing ATMs against increasingly sophisticated cyber threats. In particular the latest iterations of LDM are engineered with a zero-trust
London, 5th December 2023 – Auriga, a leading software provider for the banking and payment industries, today unveiled new enhancements to its Lookwise Device Manager (LDM), amplifying its capabilities in securing ATMs against increasingly sophisticated cyber threats. Auriga’s Lookwise Device Manager already sets the standard for protecting fixed-purpose devices that are crucial to business operations,
As our lives continue to become more digital, consumers are fuelling the omnichannel revolution and expect a frictionless experience in every aspect of their life, including banking. To stay relevant, sustain growth, and compete, financial institutions must overcome fragmented channels and close the online/offline divide, but how? The rise of neobanks With the rapid emergence
October is over and so is the month’s annual focus on putting cybersecurity to the top of everyone’s agendas. But obviously vigilance about cybersecurity shouldn’t let up once Halloween is over. And this is especially the case for the financial institutions which are always in the cross hairs of cyber criminals and fraudsters. The importance
The modern financial landscape is continuously evolving, driven by a demand for more seamless, efficient, and user-centric solutions. In particular, clients in corporate banking want easy-to-use services for managing money, making payments, and tracking expenses efficiently. They seek for digital banking platforms that are not only frictionless but also responsive, enhancing growth and reducing time-to-market
