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.