Through a robust and fully regulatory-compliant platform, the partnership will enable secure and efficient cash distribution across IC Cash’s European network of 2,500 ATMs, while supporting cost reductions and operational efficiency in Germany’s cash ecosystem.
IC Cash and its subsidiary In2 Retail operate approximately 2,500 ATMs across Germany, Austria, the Netherlands, Spain, Denmark and Ireland. The companies have selected Tieto Banktech's solution to support their expansion strategy across these markets, leveraging the security, scalability and operational efficiency of Tieto Banktech’s private cloud-based ATM solution.
"Our partnership with IC Cash marks an important step as we bring our trusted ATM solution to Germany. For banks, ATM operators and consumers, this means more secure and efficient access to cash, supported by a robust and regulatory-compliant SaaS platform. Having already reduced costs and complexity in cash handling across the Nordics and the Netherlands, we are now well positioned to deliver the same benefits in the German market, including full support for the girocard system, which is central to the country’s payment ecosystem," says Mario Blazevic, Manging Director at Tieto Banktech.
"Tieto Banktech’s ATM platform gives us the technological foundation we need to scale efficiently across multiple markets. Covering the major card schemes including girocard in Germany, the proven multivendor approach and centralized, highly integrated operations model aligns perfectly with our ambitions to continue our growth in Europe," says Dr. Kersten Trojanus, CEO at IC Cash.
The agreement also marks the beginning of a partnership in the German and Austrian markets, where the companies aim to bring new efficiency and jointly shape the future of ATM pooling solutions.
Tieto Banktech ATM Services connects over 10,000 ATMs across the Nordics and the Netherlands, where its delivery model has proven to significantly reduce banks’ cash handling costs. By bringing this approach to Germany, the company will contribute to more efficient and sustainable cash circulation in a market with around 50,000 ATMs, further strengthened by full support for the girocard domestic scheme.
Back from left: Dr. Kersten Trojanus, CEO IC Cash; Mario Blazevic, Managing Director, Tieto Banktech
Front from left: Marc Stückemann, CEO IC Cash; Aslak Lid, Head of Cards & Transaction Banking, Tieto Banktech
About Tieto Banktech
Tieto Banktech is the market-leading provider of financial SaaS solutions for the Nordics and beyond. With 3,400 dedicated experts and customers in 60 countries, we deliver solutions for payments and card value chains, financial fraud prevention, lending, and wealth management, as well as a banking-as-a-platform. By combining decades of experience with our modular, scalable, and secure solutions, we empower financial institutions to unlock significant value, and rapidly adapt to market changes, meet regulatory demands, and deliver exceptional customer experiences. Tieto Banktech is a specialized business unit of Tieto. www.tieto.com/en/banktech/
About IC Cash
IC Cash is a leading independent ATM operator in the German-speaking region, providing innovative and secure cash solutions since 2004. As a licensed payment institution under the German Payment Services Supervision Act (ZAG), the company offers modular services across the entire cash value chain — from cash recycling and deposit systems to customized cash logistics and full-service operations. With a strong customer base across various industries, IC Cash enables efficient and secure cash handling on-site, combining flexibility with reliability. Its end-to-end approach includes installation, operations, and tailored cash management, ensuring seamless support at every stage. In 2025, IC Cash expanded its footprint through the acquisition of Amsterdam-based In2Retail Holding BV, reinforcing its commitment to growth and internationalization. www.iccash.de
For more information, please contact:
Tieto Banktech
Geir Remman, Head of Communication and Marketing, Tieto Banktech, geir.remman@tieto.com
Tieto Newsdesk, news@tieto.com, tel. +358 40 5704072
IC Cash
Dr. Kersten Trojanus, CEO IC Cash, kersten.trojanus@iccash.de, tel. +49 89 904002 222