The agreement covers core banking, online and mobile banking, AML, and data warehouse – alongside a joint initiative to develop a new, modern credit solution for the Norwegian market.
Norway’s tenth-largest bank, the fully digital OBOS-banken, has selected Netcompany Banking Services to deliver its future-ready banking solution. The agreement includes NBS’s core banking platform, online and mobile banking, as well as with anti-money laundering (AML) and data warehouse capabilities.
In parallel, OBOS-banken and NBS are forming a partnership to develop a new, modern credit solution for the Norwegian market. The solution will be built on Netcompany’s proven AMPLIO and AMI platforms, which are widely used across the private and public sectors in several European countries.
Thomas Cordth, Chief Commercial Officer at Netcompany Banking Services, welcomes the agreement and notes that it comes at a pivotal time, as new technologies, shifting customer needs and evolving regulation are shaping the future of banking in the Nordics.
He says:
- »This agreement demonstrates that our approach with open architecture, flexible integration, and a high degree of automation resonates with a modern, fully digital bank like OBOS-banken. In parallel, our joint work on a next generation credit solution for Norway underscores our investment in, and continued commitment to, the Norwegian market.«
For OBOS-banken, it has been essential to find a partner that can support the bank’s ambition to deliver excellent digital customer experiences and respond quickly to changing market demands without compromising operational resilience and efficiency.
Tore Weldingh, Chief Executive Officer at OBOS-banken, says:
- »We have emphasised finding a partner that combines robustness, simplification and innovation. With Netcompany Banking Services’ innovation capacity and API-based core banking solution, we gain a modern platform that strengthens our position as an independent, digital bank, while ensuring efficient operations, simpler integrations and faster delivery of new solutions for our customers.«
The agreement between OBOS-banken and NBS runs for an initial 2.5 years from the date OBOS-banken transitions to NBS. OBOS-banken’s agreement with its current provider, Tieto, expires on 31 December 2026.
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