Banking is OP’s largest business segment providing customers with a comprehensive range of products and services. In the coming years, we will see a big shift in banking as the PSD2 obliges European banks to open their APIs. We consider this as a great opportunity to collaborate with FinTechs and start-ups in expanding the services we offer to our customers.
We provide corporate customers with financing, payment transaction and cash management services, investment services, and expert services related to business development. As a corporate partner, we seek to promote the success and internationalisation of Finnish business.
Our Account APIs include several endpoints for creating services that use account data.
Our Payment APIs include several endpoints for creating payment services.
Extending health and wellbeing to form OP’s fourth business line is an integral part of OP’s strategy. Apps that track health and fitness activity are becoming more and more popular among consumers.
In cooperation with OP’s partner companies, health and wellbeing business has great potential of improving customer experience, cost-efficiency and service availability. This is a great opportunity to collaborate with us in a field with huge customer potential.
Buying a home is becoming an experience beyond applying for a mortgage. OP provides services in home loans and insurance policies. They will be modernised by investing in digital and mobile service models.
Considering that customers expect more digital services, OP is seeking new ways to offer an even broader range of services to meet the high requirements of its private and corporate customers.
OP’s strategy goes beyond financial services towards becoming a diversified services provider. Part of the strategy is to develop business models that will reshape markets in mobility.
By launching OP Kulku, OP took its first step in Mobility Services. Considering that customers expect more services in mobility, OP is seeking new ways to offer an even broader range of services to meet the high requirements of its private and corporate customers.
OP ranks among the top wealth management services providers in Finland. As part of its new strategy, OP is modernising Wealth Management by investing in digital service models in particular and by developing new types of mobile services.
A total of 73% of mutual fund subscriptions were performed in digital channels in December 2016. This change in customer behaviour encourages OP to seek new ways to offer an even broader range of services to meet the high requirements of its private and corporate customers.
OP is Finland’s leading non-life insurer. In claims services, OP has partnership agreements with firms representing over 20 industries, such as healthcare services providers, car repair shops, building renovation firms and household appliance retailers. This ensures excellent customer experience, cost-efficient claims services of uniform quality and their easy availability.
Non-life Insurance aims to be the most innovative player in the sector and to modernise the Finnish non-life insurance business. This is a great opportunity to collaborate with us in a field that is undergoing constant transformation.