Innovation Offers

Tieto Banktech

Tieto Banktech
Finland
Solution Type: Platform
Collaboration: Licensing, Business Collaboration (Joint Venture)
Tieto Banktech

1. Technology overview

Tieto Banktech is the financial-services software arm of Finland’s Tieto Corporation, one of the largest IT companies in the Nordics. It supplies mission-critical software and processing services to banks, card issuers and other financial institutions across Europe and beyond, drawing on roughly five decades in the sector.

Its portfolio spans payments (retail payments, liquidity management, e-commerce), cards (issuing, acquiring and processing), financial crime prevention (fraud detection and anti-money-laundering built on shared intelligence, AI and expert analysis), loans and finance (loan origination and servicing, leasing and asset finance), savings and wealth management, and a Banking as a Platform model for institutions that prefer to consume capabilities as services rather than run them in-house. Deployments are typically large, long-lived transformation programmes rather than point tools. The unit was renamed from Tietoevry Banking to Tieto Banktech in November 2025.

2. Highlighted features & specifications

1. Full stack for financial institutions: payments, cards, financial crime prevention, lending and asset finance, savings and wealth.

2. Banking-as-a-Platform delivery model for institutions consuming capabilities as services.

3. Financial crime prevention combines shared intelligence across institutions with AI models and expert analysis for fraud and AML.

4. Roughly five decades of experience serving financial institutions across Europe and beyond.

5. Reference work includes a Tier 1 bank card-platform transformation, a lending transformation for the Savings Banks Group, and digital payments for Kaspi.kz.

6. Renamed from Tietoevry Banking to Tieto Banktech in November 2025; the earlier plan to divest the banking business was discontinued in April 2024.

Tieto Banktech
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