POP Bank chooses Crosskey as the main partner of its banking system
News and research before you hear about it on CNBC et al. Claim your 1-week free trial for Street Insider Premium here.
BONUM PLC BANK
EXIT ON THE STOCK EXCHANGE
4.1.2022, at 1:00 p.m. EET
BONUM PANK PLC: POP Bank chooses Crosskey as partner of its central banking system
POP Bank today signed a cooperation agreement with Crosskey on the renewal of its core banking system. POP Bank plans to introduce the new basic banking system during 2025. The cooperation agreement has no immediate effect on the daily banking services offered by the Bank.
POP Bank’s objective for the renewal of its basic banking system is to develop the customer experience and the bank’s overall competitiveness.
Crosskey is the leading Finnish provider of IT solutions for the financial sector. Its systems serve more than 3.5 million end customers
“The vision of the POP Bank group is to be a bank that combines personal and digital services, has the highest level of customer satisfaction and a rapid decision-making process. The renewal of our core banking system is one of our key strategic projects ”, declares Jaakko Pulli, Interim CEO of POP Bank Center coop.
“As a market challenger, we need to be able to proactively react to changes in customer behavior. When selecting a system partner, it was important for us to have a shared vision of the potential of the industry, a comprehensive offering, a proven track record and extensive experience with integration solutions in our industry. Crosskey is expert in the execution of Open Banking strategies, their solutions allow us to thrive according to our vision ”, continues Pulli.
The POP Bank Group is a Finnish financial group which provides retail banking services to individuals, small and medium-sized enterprises, in addition to providing non-life insurance services to individuals. According to the independent banking sector report EPSI Rating, POP Bank has the most satisfied private and business customers.
Bonum Bank Plc is the central credit institution of the POP Banks merger. Bonum Bank obtains external financing for the POP Bank group, operates payment transactions and offers unsecured consumer loans and guaranteed loans to retail customers. Bonum Bank Plc also provides centralized services to POP banks.
Jaakko Pulli, Interim CEO, POP Bank Center Coop,
Phone. +358 40 503 5411, [email protected]
Pia Ali-Tolppa, CEO, Bonum Bank Plc,
Phone. +358 50 303 1476, [email protected]