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.»