17 January 2018
visit http://response.ncr.com

Landsbanki signs for EDB banking system

26 April 2004  |  3520 views  |  0 Landsbanki signs for EDB banking system

The National Bank of Iceland (Landsbanki) has signed a contract worth NKr6.5 million for retail banking software developed by EDB Business Partners and deliverd by local IT services firm Tölvumiðstöð sparisjóðanna (TS).

The software, called Spakur, is based on EDB's FD Front system and has been customised for the Islandic market by TS, which was established to deliver IT services to the Icelandic savings banks.

Under the new contract, TS will deliver and install the system at Landsbanki, with support from EDB's Bank & Finance division.

The package includes includes modules for sales, customer management, credit processing and general banking.

Gudmundur Gudmundsson, CTO of Landsbanki, says the product will provide "access to information on the history of our relationship with a customer and an overview of the services the customer currently uses in order to support additional sales".

TS says Spakur has been implemented by all 24 Icelandic savings banks and Icebank since 1998 but Landsbanki is the first commercial bank to use the product to support its customer services staff.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Three savings banks sign with EDB for IT services

Three savings banks sign with EDB for IT services

17 March 2004  |  3474 views  |  0 comments
Offshore banks sign with EDB for card processing

Offshore banks sign with EDB for card processing

13 January 2004  |  3716 views  |  0 comments
Verdibanken signs two-year EDB contract extension

Verdibanken signs two-year EDB contract extension

17 November 2003  |  3593 views  |  0 comments
Sparebank 1 extends EDB contract

Sparebank 1 extends EDB contract

21 October 2003  |  3351 views  |  0 comments
Nordic Investment Bank signs for EDB lending system

Nordic Investment Bank signs for EDB lending system

02 October 2003  |  3103 views  |  0 comments
EDB Business Partner sheds 140 jobs at business and finance division

EDB Business Partner sheds 140 jobs at business and finance division

01 September 2003  |  3250 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.ebaday.comvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11549 views comments | 15 tweets | 17 linkedin
BNP Paribas Asset Management completes fund transaction blockchain testBNP Paribas Asset Management completes fun...
10160 views comments | 14 tweets | 33 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
9596 views comments | 32 tweets | 34 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9462 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9192 views comments | 17 tweets | 13 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job