Instabank launched with Banqsoft platform in Norway
The Norwegian bank Instabank recently signed a three year agreement with Banqsoft for the establishment of a new banking platform for Instabank and their launch of financial services to Norwegian end users.
Instabank will offer Norwegian end users financial services such as consumer loans and deposits, using Banqsoft’s ”bank in box” as their platform. This is a standard end-to-end consumer banking platform that improves the bank’s efficiency and digitalizes banking services with a high degree of automation, reducing the number of manual steps in the customer processes.
”With our ambitious plan to establish a bank in 6 months, Banqsoft was the only realistic alternative.
It was also crucial to choose a core bank with an open and modern architecture, as we plan a development with different components connected in standardized user interfaces”, says Robert Berg, CEO in Instabank.
Read the press release from Instabank and Banqsoft here:
Latest Company News
Is your automotive finance IT landscape and organization ready to capitalize on opportunities ahead?
September 16 2021
Is the experience of your customers up to par with the best in class? Per Högberg, Director of Asset Finance in Banqsoft, reflects on automotive financial services sector readiness for change.
Partnerships Are Key to Staying Top of Class in an Increasingly Complex Technological World
September 08 2021
Partnerships in various forms have become the new normal for companies operating in the financial sector. For Banqsoft, a leading provider of financial software, partnerships create a win-win situation where both parties contribute to providing the best solutions for the customer.