Bigbank: Chooses Nets for issuer processing and digital payments

Bigbank: Chooses Nets for issuer processing and digital payments

  • Bigbank specializes in term deposits and consumer loans and now operates as a group in Estonia, Latvia, Lithuania, Finland, and Sweden
  • Chosen European payment services provider Nets, to provide issuer processing and digital services, including virtual cards
  • As a licensed credit institution delivers financial services to European private and corporate customers with a focus on loans
  • The bank also provides cross-border deposit services in Germany, the Netherlands and Austria
  • Nets will support core offering by delivering issuer processing and innovative digital services through its strong modular-based platform
  • Nets will also provide with state-of-the-art card personalisation, customer services, and fraud and dispute services
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...