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

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...

Visa Launches AI-Powered Dispute Resolution Tools

New tools aim to streamline resolution of payment disputes.Highlights: Visa introduces AI tools for payment dispute resolution.The new...

UK Fintechs Vibepay and SmartLayer Shut Down

Both companies cease operations amidst challenging market conditions.Highlights: Vibepay and SmartLayer have officially ceased operations.The closures are attributed...

Visa and Ramp Boost Bill Pay Automation with Agentic AI

New integration aims to streamline corporate expense management processes.Highlights: Visa and Ramp announce partnership to automate corporate bill...