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January 4, 2022 News

POP Bank selects Crosskey as its core banking system partner

POP Bank has today signed a cooperation agreement with Crosskey on the renewal of its core banking system. POP Bank anticipates that it will introduce the new core banking system during 2025. The cooperation agreement has no immediate effect on the daily banking services offered by the Bank.

The POP Bank Group is a Finnish financial group that has 21 POP Banks, a digitally
operating non-life insurance services P&C Insurance Ltd, the central credit institution Bonum
Bank Plc, and the central institution POP Bank Centre coop.

“The POP Bank Group’s vision is to be a bank that combines personal and digital services,
has the highest level of customer satisfaction and a quick decision-making process. The
renewal of our core banking system is one of our key strategic projects. We want to offer our
customers intuitive and secure banking in line with our vision, while also enabling agile and
channel-independent product and service development”, says Jaakko Pulli, Acting CEO at
POP Bank Centre coop.

“As a market challenger we must be able to respond proactively to changes in customer
behaviour. In selecting a system partner, it was important for us to have a shared view of the
sector’s potential, a comprehensive offering, a proven track record and extensive experience
of our sector’s integration solutions”, Pulli continues.

Crosskey is Finland’s leading provider of financial sector IT solutions. Its systems already
serve more than 3.5 million end-customers.

“We look forward to implement our future-proof corebank, netbank, capital market and API
platforms for POP Pankki. Our platforms are proven on the Finnish market and will allow
POP Pankki to continue to develop their business in a rapid pace”, says CEO of Crosskey
Niclas Södergård.

The POP Bank Group is a Finnish financial group that offers retail banking services for private
customers, small and medium-sized enterprises, in addition to providing private customers with non-
life insurance services. According to independent EPSI Rating bank industry report, POP Bank has
the most satisfied private and corporate customers.

Crosskey, a wholly owned subsidiary of the Bank of Åland, one of the Nordic region’s most trusted
financial institutions, provides its customers with experience and expertise in Banking IT. Crosskey
provides technical platforms that are sustainable both from the perspective of regulatory compliance
as well as ongoing technical development to some of the region’s most high-profile banking and
fintech players. Crosskey ensures its customers’ ability to deliver market-leading services to their
market regardless of the desired solution. Cloud-, API based, or other solution adapted to customer
requirements, this makes Crosskey a perfect partner for banks now and in the future.


Further information:
Jaakko Pulli, Acting CEO, POP Bank Centre coop, tel. +358 50 420 0925,
Niclas Södergård, CEO, Crosskey, tel. +358 457 575 9212,

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