What is P27? And what isn’t it? P27, the new Nordic banking payment protocol, is coming soon. It represents the most significant overhaul of banking transactions since Sweden’s foundation of Bankgirocentralen in 1959, with implications for all financial service operators throughout the Nordics. In essence, it’s a move to real-time cross-currency payments aimed to lower…
Let’s be clear. Digital transformation is a ‘fait accompli’ and any business still considering whether or not to prioritise a transformation strategy has got to act fast to avoid being left behind. But an integral part of that strategy is the move to cloud computing. As businesses, considering the way we interact with the cloud…
It’s been an ‘interesting’ few years for the Nordics’ biggest banks. In June, Sweden’s financial watchdog penalized SEB 1 billion SEK for ‘broad and longstanding financial crime compliance failures’, while in March, Swedbank, the country’s largest lender, was fined 4 billion SEK for the same offence. For Danske, things might be getting even more ‘interesting’,…
Länsförsäkringar Bank has turned to Crosskey for delivery of a SaaS-based Securities Trading solution replacing incumbent systems, covering Order Management and Execution as well as Customer Portfolio management, Clearing and Settlement for securities and mutual funds. The solution, will be servicing Länsförsäkringar’s customers over web- and mobile channels as well as via local offices nation-wide.…
One of Crosskey’s core values is finding sustainable solutions both for our offices and within the services we offer. It is with great pleasure we present our on-going work for a better tomorrow. We want to inspire others to do the same by sharing three of our latest achievements within sustainability: One of our goals…
Marcus Björke and Dennis Frantzén have worked at Crosskey since the beginning. At Crosskey, these two gentlemen have different roles, but in their spare time, both are a part of the programming club Kodarklubben. Marcus Björke is an interaction designer, who started working at Ålandsbanken 19 years ago transferred to Crosskey in 2005. Dennis Frantzén,…
The Swedish tech bank Northmill has a mission to help people save money and improve their personal finances using the latest technology. Crosskey was engaged to package their new offer. Imagine that you have a personal banker that works for you 24/7 and is able to offer you great credits, decrease the interest rate…
Large User Group (LUG), is a well-established entity after almost 20 years in the market. As of today, LUG consists of 90 to 100 members worldwide. The unit is independently formed, owned and operated by member companies, consisting of 7 board members. Crosskey is proud to have been chosen to join this council. Crosskey in…
One of Crosskey’s core values is to provide sustainable solutions, that serves not only us but more importantly the planet. This is the reason for our latest project, a way to compensate for most of our carbon emissions and give back to mother nature. Crosskey – a climate certified company As a tech company, the…
Crosskey, a leading supplier of services and systems to the Nordic financial industry focusing on banks, card issuers, asset managers and fund managers, strengthens its offerings by acquiring all shares in the Finnish software company Model IT. Helsinki-based Model IT has 13 FTEs and is developing IT-systems for the asset and fund management business based…
Fair Investments joins the ranks of Crosskey Capital Markets customers! Crosskey is delighted to welcome Asset Management firm Fair Investments as the latest addition to customers using Crosskey’s SaaS-based Capital Markets offering. – Our cooperation with Crosskey paves the way for a genuine partnership, reaching well beyond the traditional licensing of a software system, says…
Crosskey and Elisa Rahoitus have extended their cooperation and signed a new cooperation agreement valid until 31st of December 2019. The agreement is a continuation of the existing agreement and includes Crosskey’s PCI compliant card & mobile payment solution and Elisa eWallet (Elisa Lompakko). Ever since the beginning of the cooperation in 2012, Crosskey has…
Finnish IT company Crosskey has completed the IT migration of the merger between S-Bank and LähiTapiola Bank. The scale of the project has been enormous and can be seen as one of the largest financial IT projects within the banking sector in Finland this year. The migration included 10 years of transactional data including all…
On 12 May, Sweden’s professional organization for executives – Ledarna – presented its annual list of the country’s top female leaders. In its ninth consecutive year, the Framtidens kvinnliga ledare list compiles 75 top executives from a wide range of sectors. Crosskey’s Heidi Wik, Business Area Manager, Banking, this year ranked in the “hot top…
S-Pankki and Crosskey have extended their cooperation and signed a new cooperation agreement valid until the end of 2020. The agreement is a continuation of the existing cooperation agreement which was signed in 2005 and covers Crosskey’s core bank and internet bank solutions. In connection with the extension of the existing agreement, S-Pankki and Crosskey…
Marginalen Bank turns to Crosskey in the modernization of their digital services and launches a new Internet and Mobile Bank for individuals and businesses. The new Internet Bank provides customers access to all products in one place and they will get an overall picture of their commitment. The agreement includes Crosskey’s eBanking product, which is…
Ålandsbanken has chosen Crosskey’s new Capital Market solution ”Capital Markets from the tap” for its future back-office platform. Crosskey will deliver an integrated, complete platform that covers all Ålandsbanken’s needs within the capital markets business area, from trading to reporting. Crosskey’s mission is to customize and implement the concept for both the Swedish and Finnish…
Crosskey Banking Solutions and Model IT to build a new full end-to-end outsourcing service for fund and asset management, private banking and trading. Crosskey will provide a new full end-to-end outsourcing service in Finland and Sweden for fund and asset management, private banking and trading. This new service will provide high agility with low life…
Crosskey raises the safety bar for Card and Mobile Payments. Crosskey has now achieved compliance with Payment Card Industry Data Security Standard (PCI DSS) – the most rigorous industry-recognized payment-card security standard available globally. The compliance assessment was done by Verizon. PCI DSS is the payment card industry security requirement for entities that store, process…
The internet bank that can analyse your finances Crosskey has purchased the non-exclusive rights to develop and commercialize a system developed by Balancion, a Finnish company that is the market leader in PFM solutions (Personal Finance Management). – The future of online banking is all about offering a broader range of services. Crosskey is an…
Thomas Lundberg has been appointed to be the new Managing Director for Crosskey, the Åland Bank’s wholly owned subsidiary that delivers IT solutions to the financial sector. He will be assuming his new duties on 1 April 2012 and will be replacing Carita Weiss who has been Managing Director since 2008 and had previously decided…
The Swedish bank market has undergone great changes over the last years. Not just in regard to regulations, but also in terms of new providers and services. In March 2010, the Åland based company Crosskey Banking Solutions launched a new banking system and Internet bank for the Ålandsbanken Sweden. Almost nine out of ten Swedes…
The partnership between Crosskey and Tapiola Bank began during 2002. The partners have now signed a new agreement that will extend over the next five years. The signing of the agreement means that Tapiola Bank will continue to use Crosskey’s complete product portfolio, which includes everything from the Core bank, Payments and Capital Market System…
