Norddeutsche Landesbank signs with TietoEnator for payments interface
24 February 2004 | 3085 views | 0
Germany's Norddeutsche Landesbank (Nord/LB) has contracted with TietoEnator for the supply and implementation of a software interface that will connect its existing core banking and card payment processing systems at its Lithuanian subsidiary.
TietoEnator says the online interface between the two systems will provide a homogeneous infrastructure for electronic payment processing, enabling the bank to reduce operating costs and improve customer information management.
Hinrich Holm, member of the management board, Nord/LB Lietuva, says: "The decision to create the interface between the banking system and the payment card system is the last step to bring Nord/LB in line with the most advanced banks in the North East Europe.
"After the project is implemented, the e-banking services provided to our customers will be more efficient and flexible."