Neonomics Partners with Banqsoft to Expand Payments Through Open Banking

Neonomics Partners with Banqsoft to Expand Payments Through Open Banking

By Joy Dumasia

April 08, 2022

  • Account-to-account payments
  • account to account
  • Banksoft

Banqsoft, a leading provider of digital banking solutions with customers in over 30 countries around the world, has signed a strategic partnership with Neonomics to leverage the power of open banking to expand its payment offerings and data improvement.

The partnership will allow Banqsoft to integrate with Neonomics to accelerate its customers’ ability to introduce and deploy innovative account-to-account payments, which can increase cost efficiencies and user experience.

Terje Kjos, CEO of Banqsoft, said, “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 clients. By working with Neonomics, we can leverage their expertise in this rapidly growing field to further strengthen our focus on digital transformation.

The two companies will jointly promote the offer to existing and new customers to show how account-to-account payments can further validate the efficiencies gained through open banking. In addition to this, they will work jointly to develop a suite of data solutions that will further strengthen Banqsoft’s existing portfolio of products targeting financial services providers.

Christoffer Andvig, CEO of Neonomicssaid, “We are delighted to partner with such an established leader in digital banking technology, and with Banqsoft’s forward-thinking approach to open finance, we are confident that we have a winning proposition to continue providing the next generation of financial services to an even larger and more diverse clientele.

IBS Intelligence reported that Axactor, one of Europe’s debt management providers, has chosen Neonomics’ unified API platform, starting with the Norwegian market, to further strengthen its next-generation approach to debt collection. receivables by simplifying and streamlining the way consumers manage their payments and financial data.

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