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MuniFin shows Acumen for Profile Software’s treasury platform

Profile Software gains new client in UK

Helsinki-based credit institution Municipality Finance (Kuntarahoitus) has gone live on Profile Software’s Acumen treasury solution to manage and automate its operations. Acumen will be used to manage deal capture, pricing, middle office, reporting, collateral management, back office and risk management processes. Profile says Acumen can integrate with “numerous” systems and pricing platforms to import real […]

Evry in five-year, $18.7m card deal with Aktia Bank

aktia

Norway-based banking tech vendor Evry will provide Finland’s Aktia Bank with the “entire value chain for card payments”, including virtual debit and credit cards for the bank’s digital proposition, Aktia Wallet.

Aktia Bank finally live with Temenos T24 core banking system

Aktia Bank completes IT revamp

Finland-based Aktia Bank has completed “the full-scale implementation” of its new core banking system, Temenos’ T24.

Nordea looks to Feelingstream AI for quick customer service

Nordea

Nordea has chosen Estonian start-up Feelingstream’s artificial intelligence (AI) software to speed up response times for customers. Feelingstream’s AI solution analyses and categorises messages sent by customers so they can be forwarded automatically to the right person or unit in Nordea for further processing. The software can analyse hundreds of messages per second. The solution […]

Three Finnish banks launch real-time mobile payments platform, Siirto

New mobile payments ecosystem coming to Finland

OP Bank, Nordea and Danske Bank have launched a new real-time, multibank mobile payments platform in Finland. The platform was built by Tieto and Automatia (the latter operates the three banks’ shared ATM network).

Nordea to launch crowdfunding service in Finland

Nordea-Bank

Nordea says it will be the “first” bank in Finland to offer its customers an equity-based crowdfunding service. It has developed an online crowdfunding platform that will match entrepreneurs seeking financing with investors; and will be linked to a book-entry system. The service will be launched in the next few months. The bank says the […]

Finland’s Holvi bank tackles online-only identity verification

Holvi plans to rollout across the entire EU by the end of the year

Finnish online-only bank Holvi has partnered with GBGroup, an identity intelligence specialist, as part of a drive to ensure that all its customers are verified while reducing the time this process takes. Holvi does not operate any branches, and as such relies on other methods to confirm the identity of its customers.

Euroclear Finland begins major overhaul for T2S

Hanna Vainio:

Finland’s central securities depository Euroclear Finland has just completed the first stage of a major project to completely replace its securities processing infrastructure. The CSD says the move is part of its preparations for T2S, the European Central Bank project to harmonise Europe’s post trade infrastructure.

Aktia aims to save €5m a year with 2015 Temenos roll-out

Aktia-logo-on-building

Finland’s Aktia Bank has begun staff training on a new Temenos T24 core banking system that it plans to start implementing next year with an expected go-live date in 2015

Finland’s Alandsbanken adopts SunGard risk management tools

Finnish Alandsbanken is strengthening its risk management tools

Nordic bank Alandsbanken has chosen risk management tools from SunGard, which it says will help the bank to comply with new financial regulations. SunGard’s Ambit Risk and Ambit Performance products will be used by the bank to manage interest rate and liquidity risk and help the bank keep track of its balance sheet.

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