23 Sep 2021

Reiknistofa Bankanna (RB) is a provider of mission-critical IT systems for Icelandic financial institutions, responsible for the country’s central clearance and settlement system and several multi-tenant core banking solutions. It also operates an e-invoicing and e-payment system for corporates and consumers.

It is jointly owned by the three main Icelandic banks, two saving banks, the Icelandic Savings Bank Association, and the three main payment card processors in Iceland. RB’s clients are these banks, the Central Bank of Iceland, and other financial institutions as well as the government and public entities.