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…
The EU directive PSD2 is changing the future financial market. To be prepared for the new requirements, Komplett Bank engaged the now 15 years old Crosskey to come up with a solution. 14th of September marks a new phase at the financial market. From that day, PSD2 compliance is required by EU and banks…
To succeed in the evolving financial services market, companies are raising their game to meet new customer expectations and regulations. Crosskey positioned itself as a partner for innovation to this industry, creating dynamic yet dependable IT solutions based on the IBM® i on IBM Power Systems™ platform, giving banks a competitive edge and future-proof technology.…
Crosskey, the leading provider of banking systems in Nordics, today launched the Open Banking Market (https://crosskey.io) — a secure hub, connecting banks, fintech companies and financial service providers with value-adding data, channels, functionality and opportunities. Three banks — S-Bank, Ålandsbanken and Resurs Bank — are presently onboard and will make their respective open APIs available on…
The wealth manager Garantum and Crosskey have signed an agreement whereby Garantum joins Crosskey’s new Capital Market offer. Garantum and Crosskey have signed an agreement by which Garantum becomes a new customer of Crosskey’s new Capital Market solution. Garantum becomes the third customer to connect to Crosskey’s Capital Market platform within the Swedish market over…
Crosskey Banking Solutions, the leading Finnish financial technology service company from Åland Islands with offices in Helsinki, Turku and Stockholm, has signed a membership with Helsinki Fintech Farm (HFF), the operator of the Helsinki Finance Technology Initiative. The news is released in the wake of Finland’s leading finance technology event Future Digital Finance Forum taking…
Crosskey, S-Bank and FIM are in cooperation with HackerOne launching a bug bounty program. The bug bounty is organized in cooperation between Crosskey, S-Bank and FIM and based on the HackerOne platform. HackerOne is known bugbounty platform provider providing services to well-known international companies such as Twitter, Spotify, US Department of Defense, LähiTapiola and more.…
Increased governmental requirements opens the door for major housecleaning. Rarely has the financial industry been given such a golden opportunity to future-proof its IT strategy as it now has. Johan Dahlström, Crosskey’s new Business Area Manager, sees that success lies in thoroughly reviewing the future vision of the organisation, and following that, matching the vision…
Finally, the eco-friendly and secure PIN code is here. As more and more people try to remember their various PIN codes for credit cards, Crosskey Banking Solutions and Gemalto now initiate collaboration regarding digital PINs. The intention is to offer customers a more convenient and greener alternative to the outdated system of providing codes on…
Indecap started using Crosskey’s new fund management service. Crosskey’s new capital market concept gains territory. In October, Indecap began using Crosskey’s cloud-based fund management service. “Performance-oriented companies want to engage in business development and not worry about daily systems and IT issues” explains Eva Thelin, a product strategist at Crosskey.
Première for Crosskey’s capital market system Time-consuming integrations and system changes drain the financial industry of energy, while customers’ trust is sorely tested. This is according to Johan Dahlström at Crosskey, when Ålandsbanken, as the first bank in Sweden, switched to Crosskey’s new capital markets system.
Press Release Crosskey – New cardsystem to S-Bank
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…
Victoria Sundberg has been appointed Business Area Manager, Card & Mobile Payments and as member of the management team as of mid November 2015. Victoria takes over the role after Monika Liikamaa who has chosen to move on with new challenges outside Crosskey. Victoria started her career at Crosskey in 2009 and her most recent…
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…
Ulf Kurtén has been appointed Business Area Manager, Capital Markets and as a member of the management team as of January 2015. Ulf takes over the role after Pekka Virtanen who has chosen to move on with new challenges outside Crosskey. Ulf has during his career held various management positions and has a wide network…
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…
Crosskey has passed its first re-certification of the Payment Card Industry Data Security Standard (PCI-DSS) with flying colors. PCI-DSS is the payment card industry security standard for entities that store, process or transmit cardholder data, and has been endorsed by all the major card brands – Visa Inc., MasterCard Worldwide, Discover Network, American Express and…
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…
Crosskey’s Annual Report for 2013 has been published.
The following changes have been made in Crosskey’s Management team: Heidi Wik has been appointed Business Area Manager, Banking and member of the Management team as of February 2014. Heidi has been employed by Crosskey since 2007 and comes from a position as Sales Manager, Sweden. Barbro M. Andersson, who used to head the Banking…
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…
We want to wish all our customers, partners and suppliers a beautiful summer. We will be here the whole summer, so if you have something on your mind – please don’t hesitate to contact us. Phone N° +358 [0] 204 29 022 (exchange) information@crosskey.fi or sales@crosskey.fi Crosskey
What do you get if you cross Finland’s largest mobile operator Elisa with Crosskey, an expert in cards and account solutions? The answer is the mobile payment solution of the future, Elisa Lompakko. The common journey has been very successful and since the spring, consumers can leave their plastic credit and debit cards at home…
Please, read our annual report for 2012 here: http://np.netpublicator.com/netpublication/n38484063
Today, over 40% of all two-year olds use the Internet. The world is changing at a dizzying rate. What is true today is not true tomorrow – and our patience is becoming increasingly shorter. These are some of the conclusions that were presented by Micael Dahlén, author and professor in marketing at the Handelshögskolan (Stockholm…
Crosskey has selected Verizon to help ensure that Crosskey fulfills the requirements necessary to become PCI certified. PCI is today’s common standard for card protection against Internet fraud. “We know that this process is going to involve great costs and also involve changes, but for us it is a mark of quality. We want our…
The Finnish newspaper Iltalehti has conducted a study of Internet based banks’ data security using the American data security company, Qualys Inc’s testing tool, SSL Labs. Crosskey’s customers Ålandsbanken, S-Bank and Tapiola Bank top the list and received 88 of a possible 100 points – a result that compared very favourably with the competitors. ‟The…
On 2 April Thomas Lundberg assumed his new position as Managing Director for Crosskey. He was most recently the Deputy CEO for the gaming company Paf where he was responsible for the Internet gaming business area. “The journey that Crosskey has made from being a small IT department to one of Scandinavia’s leading companies in…
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…
On 26 January Crosskey received an ISO certificate in quality from the accredited certification company Intertek Certification Ltd. “Crosskey was already carrying out systematic improvement work at a number of levels in their company. Now they also fulfil an official, international standard. The company displays a customer focused, systematic and mature process in its quality…
“Go mobile or go out of business” – cliché or truth? Banks in the Nordic countries have long been pioneers in the IT sector. They started their journey in the 50s and 60s when they began to build their own computer systems – those thought today to be archaic. In the 90s, banks began to…
On the 7th of November, Crosskey started using one of the cabins onboard Viking Line´s ferry M/S Rosella as an office. M/S Rosella sails between Mariehamn and Kapellskar. The cabin will be used as a workplace for Crosskey’s approximately 220 employees. Since we have an office as well as clients and partners in Sweden…
The winner is Jonas Gustavsson from Hammarland. On his birthday, 31st of October, he won our first prize – an Ipad 2. Crosskey congratulates the winner and thanks everyone who participated in the competition. Well done!
This year, Crosskey initiated a comprehensive change process that has cut through the entire organisation.
With almost 30 years of experience in the Finnish finance and IT sectors, Pekka Virtanen has a valuable network. Now he is going to take Crosskey’s solutions for the capital market to the next level.
