OSLO, NORWAY – Banqsoft, a leading provider of digital banking solutions, with customers in more than 30 countries across the world, has signed a strategic partnership with Neonomics to leverage the power of open banking to expand their payments and data enhancement offerings.

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.