Facit Bank Partners with Neonomics to Enhance Payment Processes through Open Banking

Facit Bank, a digital-first institution specializing in deposits and consumer loans, has partnered with Neonomics to implement open banking solutions into their invoicing and payment systems, as stated in Fintech Finance News. This collaboration aims to improve the customer experience by streamlining the payment process and offering highly competitive loan rates through a fully digital platform.

«Being a digital-only bank, we’re continuously seeking innovative solutions to deliver a great experience for our customers,» said Christer Nilsson, CEO of Facit Bank Norway. He emphasized that the introduction of Neonomics’ payment services, combined with Link Mobility’s Mobile Invoice, will simplify the payment process and create savings on each transaction.

With Neonomics’ open banking Checkout, Facit Bank customers can make payments directly from their bank accounts. Additionally, the «Pay Date» feature allows them to schedule payments in advance, reducing the occurrence of late payments and offering more convenience and security.

Christoffer Andvig, CEO of Neonomics, commented, «Facit Bank is a forward-thinking bank, and we’re pleased that they have chosen Neonomics as a partner to implement our Pay by Bank solution, which enhances the user experience by making it more convenient to schedule payments when needed.»

Other articles
Spendesk Adopts Dust’s AI Platform to Enhance Security and Efficiency
Klarna Expands BNPL Services to eBay Shoppers in the US
Can Embedded Finance Help Neobanks Outperform Traditional Banks?
Google Deploys AI to Wipe Out Half a Billion Scam Ads in 2024
MoneyGram and Plaid Join Forces to Deliver Seamless, Secure Global Payments
The Rise of AI and ML in Modernizing KYC Compliance
Embedded Finance: Will It Overtake Standalone Banking Apps?
2025 Report: Drivers Demand Seamless In-Car Payment Systems, Willing to Pay for Convenience
How AI and Technology Are Reshaping Finance in 2025
What’s Fueling the Surge in Embedded Finance Adoption?
Bank of England Warns of AI Risks to Financial Stability
Jamie Dimon Warns of FinTech Threat as Consumer Payments Become Banking’s New Battleground
Mercedes-Benz Introduces In-Car Fingerprint Payment with Mercedes pay+
How Bank-FinTech Partnerships Will Accelerate GenAI Adoption in Banking
Aevi and QorPay Partner to Revolutionize Global In-Person Payments