POP Bank today signed a cooperation agreement with Crosskey on the revamping of its core banking system.
POP Bank estimates that it will introduce the new core banking system during 2025. The Cooperation Agreement has no immediate effect on the day-to-day banking services offered by the Bank.
POP Bank Group is a Finnish financial conglomerate consisting of 21 POP Banks, digitally operated non-life insurance services P&C Insurance Limited, the central credit institution Bonum Bank plc and the central institution POP Bank Center Coop.
“The vision of the POP Bank Group is to be a bank that combines personal and digital services, with the highest level of customer satisfaction and quick decision making. Upgradation of our core banking system is one of our key strategic projects. We aim to offer our customers seamless and secure banking in line with our vision, while also enabling agile and channel-independent product and service development”, says Jako Puli, Acting CEO of POP Bank CenterCop.
“As a market challenge, we need to be able to respond proactively to changes in customer behavior. In choosing a system partner, it is important for us to have sector potential, a wide offering, a proven track record and integration of our sectors. It was important to have a shared vision of solutions across a wide range of experience”, continues Puli.
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 deploying our future-proof CoreBank, NetBank, Capital Markets, and API platforms to POP Pankki. Our platforms are proven on the Finnish market and will allow POP Punky to grow their business at a rapid pace”, says CEO of Kraskey Niklas Södergaard.
