POP Bank selects Crosskey as its core banking system partner

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Published on
January 4, 2022

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 ost 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
+358 504 200 925

Niclas Södergård,
Managing Director, Crosskey
+358 204 29 18 28