The partnership will see Banqsoft integrating with Neonomics to expedite their customers’ ability to introduce and roll-out innovative account-to-account payments which can offer increased efficiency both in respect to cost and user experience.
“We strongly believe in the long-term value of investing in open banking and open finance and the positive impact this will have on our customers. Working together with Neonomics, we can leverage their expertise in this rapidly growing area to further strengthen our core focus on digital transformation,” states Terje Kjøs, CEO of Banqsoft
The two companies will jointly promote the offering to both existing and new customers to showcase how account-to-account payments can further validate the efficiencies gained through open banking. In addition to this, they will work jointly on developing a suite of data solutions that will further strengthen Banqsoft’s existing portfolio of products targeting financial service providers.
“We are excited to partner with such an established leader in digital banking technology, and with Banqsoft’s forward leaning approach to open finance, we are confident that we have a winning proposition to continue delivering the next generation of financial services to an even larger and more diverse customer base,” states Christoffer Andvig, CEO of Neonomics.
Banqsoft is a leading provider of financial software solutions for Digital Banking, Asset Finance and Credit Management. Banqsoft was established in 1994 and is since 2015 a fully owned subsidiary of the IT group KMD A/S, an NEC company. Banqsoft’s solutions support a wide range of financial products related to consumer loans, credit and debit cards, deposits & savings accounts, sales finance and more. Banqsoft has achieved a strong position within the Digital Banking sector in the Nordics and is now expanding into Europe, with 350+ employees distributed across offices in Norway, Sweden, Finland, Denmark, Poland and Malaysia. Banqsoft’s solutions support more than 300 customers across the globe, with software used in over 30 countries today. To learn more, visit www.banqsoft.com.
Neonomics is an open banking disruptor unifying access to over 2500 banks and 150 million bank customers across Europe via one of the most secure and cost-efficient pure PSD2 API platforms in the market. Founded and headquartered in Oslo, Norway in 2017, the company currently has a growing highly technical team representing 25 different nationalities with close to 40% being female. Authorized by the Norwegian FSA as a licensed payment institution the company is delivering payments initiation and account information services to a wide range of customers spanning FinTechs, payment service providers, banks and more. For more information about Neonomics visit at www.neonomics.io
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