Sunday, December 22, 2024

Finland’s Aktia Bank goes live with Temenos Payments Hub

  • Aktia Bank, a wealth manager based in Helsinki, Finland, is enhancing its payment infrastructure.
  • Doubled down on its relationship with Temenos, its core banking provider.
  • Implemented Temenos Payments Hub to unify domestic and cross-border payments onto one platform.
  • Aims to create a pan-European instant payments service.
  • Currently serves 250,000 individual consumers and 20,000 corporate and institutional clients.
  • Expect benefits from integrated accounts and payment processing, plus low latency execution.
  • Integration supports straight-through processing (STP) for automated fund transfers and electronic payments.
  • Anssi Huhta, EVP of Aktia Bank, anticipates faster, user-friendly payment options.
  • Jean-Paul Mergeai, Temenos President, notes the growing importance of payments for clients.

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