Sparkassen
Sparkassen are Germany's regional savings banks, serving individuals, businesses and public-sector customers. The banks provide current accounts, payments, savings, investments and financing within the Sparkassen-Finanzgruppe. Their local banking role connects everyday financial services with the needs of households, companies and communities in the regions they serve.
Customers use a Sparkasse to receive income, make payments, save and finance purchases or business investment. Online banking and the Sparkasse app provide access to accounts alongside local branches and advice. Partners such as DekaBank supply investment products and specialist services, allowing the local savings banks to offer more than account and payment services alone.
Regional banking and digital account access
The Sparkassen combine locally organized banking with shared services across their financial group. A current account supports incoming payments, transfers and debit-card spending, while lending and investment products address longer-term financial needs. Businesses use the banks for payments and financing connected with their operations.
Online banking and the Sparkasse app let customers manage accounts without visiting a branch for each transaction. Digital services belong to each local savings bank and operate within the wider financial group. Account models, fees and available services therefore need to be checked with the relevant Sparkasse.
Account management with the Sparkasse app
The Sparkasse app lets customers view balances and initiate transfers. Its multibanking function brings accounts and securities accounts at different banks together. Account alerts can report movements on a Sparkasse current account.
These functions connect mobile access with the services of the customer's savings bank. The availability of a particular function depends on the institution and the service used.
Approvals and digital payments
Customers use S-pushTAN to approve transfers and other banking orders. Approval is a separate step from entering an instruction. The relevant banking access is set up with the savings bank.
The technology supports payments between accounts. Savings banks combine these digital functions with accounts, cards and local customer service.
Shared banking technology
Financial technology from Finanz Informatik includes OSPlus, a shared IT system with core banking and other applications for savings-bank operations. The software supports banking processes and customer advice.
The technology is used within a network of independent institutions. DekaBank adds investment products and securities services. The customer's local savings bank remains responsible for the banking relationship.
Upcoming financial technology events in Germany
Professional training
EXPERT KEY is a knowledge partner of Finance Loop and provides Web3 training for banks, savings banks and companies. The training serves financial-sector professionals in Germany, Austria and Switzerland.
Payments and banking technology
Are the Sparkassen one bank?
The Sparkassen are regionally organized banks within the savings-bank financial group. Customers have their banking relationship with a particular institution, and account models and conditions differ between banks.
What does the Sparkasse app do?
The Sparkasse app provides account information and transfers. Multibanking can bring accounts at different banks together; additional functions depend on the relevant service.
What is S-pushTAN used for?
S-pushTAN is used to approve transfers and other banking orders. Customers set up the approval method with their savings bank and use it to confirm the relevant instructions.
Sparkassen and Finance Loop
Employees of Sparkassen regularly attend Finance Loop events.
Finance Loop is a professional network for the use of emerging technologies in finance. The Payments & Digital Money field covers digital payments and banking technology. The technical systems behind financial services belong to the Digital Infrastructure & Sovereignty field.
Members exchange knowledge about digital financial products in the Investment & Digital Assets field. Regulatory requirements and operational safeguards are subjects of Risk & Compliance. Events and professional contacts support this exchange.