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
Unlocking the Future: The Power and Potential of In-Vehicle Payments
How to Use AI to Land Your Next Job in 2025
Should All Fintechs Ensure Significant Social Impact?
Why The Love Affair Between Fintech and AI Needs to Be Checked Out
The Way in Which Banks and Fintechs Are Approaching Treasury Needs
Automotive FinTech’s Rise: Using Vehicle History Data for Smarter Lending
Top 10 Finance Trends in 2025
iWallet Introduces Voice AI for Secure and Seamless Payments
How BaaS Can Unlock New Revenue Streams for Banks
How AI Will Drive Innovation in Wealth Management in 2025
Enterprise AI: Transforming Business Process Automation
Fintech in 2025: Key Industry Predictions
The Reasons Why the Future of AI Depends on Human Creativity
Driving the Future of Mobility: The Role of In-Car Payments
Morgan Stanley Partners with Wise to Enhance Cross-Border Payment Services