Crosskey Banking Solutions is a Nordic banking technology company that supplies banks and financial institutions in Finland, Sweden and the Baltic countries. Its offering includes a transactional banking platform for payments, accounts and lending, card services, wealth management, open banking and Verification of Payee. According to its website, the platform is delivered as modular SaaS, and Crosskey implements, operates and develops solutions together with its customers.
Crosskey is wholly owned by Ålandsbanken (Bank of Åland), a Finnish commercial bank whose group headquarters are in Mariehamn on the Åland Islands. Its offices include Mariehamn, Stockholm, Helsinki and Turku, and no non-European parent company has been identified. The public website does not state where its data centres are located or how personal data is processed. European banks and financial institutions should therefore confirm hosting locations, sub-processors and exit options in the contract before adopting a SaaS platform.