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
How Fintechs Can Drive Inclusivity in Traditional Financial Services
The Rise of AI in Auto Lending: Benefits, Trends, and Future Predictions
AI to Unlock Financial Services’ True Potential in 2025, Experts Predict
Will Trump 2.0 Improve Fintech and Insurtech?
Visa and DealMe Partner to Enable Cross-Border Instalment Payments
Good Drivers Can Now Access Cheaper Car Loans with DriveScore
AI Integrations, FinTech Innovations, and Modernization Define B2B Landscape in 2025
Goldman Sachs Develops AI to Mimic Seasoned Bankers
Visa Introduces Apple Pay in Egypt, Transforming Digital Payments
Biggest Challenges Fintechs Face in Achieving Meaningful Social Impact
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