Natech

Natech Banking Solutions
Company typeTechnology
IndustryFinancial/banking software
Founded2003 in Greece
HeadquartersGreece
Areas served
Global
Key people
Athanasios Navrozoglou (CEO & President), Dimitrios Navrozoglou (CFO & Vice President), Mathias Schuetz (CEO International)
ProductsNatech Core Banking, Natech Digital Engagement (Web and Mobile banking), Natech AML (Anti-money Laundering)
Number of employees
100+
Websitewww.natechbanking.com

Natech is a global technology company specializing in software and services for the financial sector.

History

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Founded in 2003 with the goal of creating technology solutions for small credit unions in Greece, Natech quickly evolved into a full suite of solutions designed to support the operations of client credit unions as they transitioned into cooperative banks.

  • In 2010, started its strategic Partnership with Microsoft by becoming a Microsoft Silver ISV Partner.[1]
  • In 2011, Natech implemented its web banking suite to 4 Cooperative Banks,[2][3] started to deploy its core banking solutions to currency exchange firms and payment institutions[4] and was certified ISO 9001:2008.[5]
  • In 2012, Natech was awarded the project to implement the software for payments and transfers within the SEPA union for Greece's Loan and Consignment Fund, the largest fund in Greece.[6] And establishes a branch in Athens. As of 2012, Natech had served over 10 out of 16 of the Greek Cooperative Banks with its Core Banking Solution.[7] It opened a second branch in Athens and established a global partnership network to cater to the SME Banking Sector[8]
  • In 2016, the Cooperative Bank of Epirus launched a video customer service using Skype for Business in conjunction with Natech products.[9] In 2018 Natech launched CSB2 (Natech Core Banking), a new banking software, and became a reseller of the aplonAPI of PaymentComponents.[10][11]
  • In 2022 formed a joint venture with Piraeus Bank, to launch a new digital bank in Europe, targeting the younger generation and Banking as a Service (BaaS) products.
  • In May 2023 the company registered in Switzerland under the Name Natech Financial Software AG [12]
  • In March 2024, the company revamped its brand identity and solution portfolio and is now publicly known as Natech Banking Solutions. [13]
  • In June 2024, the neobank backed by Natech and Piraeus Bank obtained a universal banking license from the European Central Bank (ECB) in June 2024. [14]

References

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  1. ^ "Συνεργασία Natech-Microsoft". TechPress. 23 December 2010. Retrieved 15 May 2011.
  2. ^ "Υπηρεσίες Web Banking στην Αχαϊκή Συνεταιριστική Τράπεζα". Δελτία Τύπου (in Greek). Banking News. Retrieved 14 May 2011.
  3. ^ "Εγκατάσταση CSB Webanking σε 2 τράπεζες" (in Greek). Banking News. Retrieved 14 May 2011.
  4. ^ "IntelExpress live on core solution from Natech". IBSIntelligence. 23 February 2011. Archived from the original on 13 May 2012. Retrieved 14 May 2011.
  5. ^ "Natech: Πιστοποίηση κατά ISO 9001:2008". Naftemporiki. Retrieved 14 May 2011.
  6. ^ Ταμειο Παρακαταθηκων και Δανειων. "Dias suite". Retrieved 19 February 2012.
  7. ^ "Μερίδιο Αγοράς Πληροφορικής στις Συνεταιριστικές τράπεζες". Μελέτη για ανάπτυξη νέων επιχειρήσεων στον κλάδο της πληροφορικής. University of Ioannina. Retrieved 15 May 2011.
  8. ^ "Natech Pay" (PDF). Natech.gr. Retrieved 8 October 2019.
  9. ^ "Banking Video Customer Service" (in Greek). Σοφοκλέους in. Archived from the original on 16 October 2017. Retrieved 27 May 2016.
  10. ^ "PaymentComponents, Natech partner for PSD2 and Open Banking - Retail Banker International". Retail Banker International. 28 March 2018. Archived from the original on 23 June 2018. Retrieved 26 April 2018.
  11. ^ Anthony Peyton (27 March 2018). "PaymentComponents and Natech partner for open banking push". Fintechfutures.com. Retrieved 8 October 2019.
  12. ^ "Natech Financial Software AG in Zug". Moneyhouse. Retrieved 22 July 2024.
  13. ^ "Natech Launches Next Stage of Mission to Democratize Access to Technology for All Financial Institutions | The AI Journal". aijourn.com. 21 March 2024. Retrieved 22 July 2024.
  14. ^ "snappi Receives Banking License from the European Central Bank". GlobalFinTechSeries. 28 June 2024. Retrieved 22 July 2024.