TietoEVRY Card Issuing and Financial Crime Prevention have reached an important agreement with Bank Norwegian to follow the bank on their journey to Europe by expanding into Germany and Spain.
Bank Norwegian’s customers in those countries will now get access to market leading credit card services that also cover fraud prevention.
The agreement is an extension of the existing partnership, in which TietoEVRY delivers state-of-the-art Software-as-a-Service (SaaS) card services to Bank Norwegian in Norway, Sweden, Finland and Denmark. TietoEVRY will now deliver the same wide spectrum of card and fraud prevention services in Germany and Spain also.
“The extension of our existing agreement with TietoEVRY will secure that we enter both Germany and Spain with well-proven and competitive solutions. It is important for Bank Norwegian to have access to innovative solutions with high availability. Our goal as a fully digital bank is to provide easy-to-use and standardised digital products also for the new markets,” says Merete Eikeseth Gillund, Head of New Markets in Bank Norwegian.
For TietoEVRY the agreement strengthens Financial Services Solutions’ growth ambition of expanding into new European markets.
“We are pleased with the trust shown to us by Bank Norwegian and happy to follow the bank into new countries with our scalable and modular services,” says Mario Blazevic, Head of Card Issuing in TietoEVRY.
“We are looking forward to delivering efficient fraud prevention services in these new markets. This is an important agreement, as insight and data from new countries will further improve our services and contribute to preventing financial fraud,” says Gunnar Koren, Head of Financial Crime Prevention in TietoEVRY.
Bank Norwegian is planning to go live in Germany and Spain in the last quarter of 2021.