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Tietoevry Banking has entered into a strategic five-year agreement with Fana Sparebank to deliver a comprehensive suite of banking solutions. The partnership includes core banking systems, card and payment services, and advanced financial crime prevention tools. The new agreement, effective from April 1st, 2025, will also significantly enhance the banks mobile and self-service offerings including self-service loan management.
Fana Sparebank, an independent savings bank with deep local roots and a strong commitment to sustainable community development, sees the long-term partnership with Tietoevry Banking as a key enabler of its customer-centric growth strategy and overall competitiveness.
Under the agreement, Tietoevry Banking will provide a modernized banking platform that ensures compliance with Norwegian banking regulations and security standards while delivering reliable, high-performance operations. Both parties also aim to establish close collaboration around transaction and behavioral analytics, leveraging artificial intelligence to deliver deeper insights and better customer experiences.
Fana Sparebank is committed to being a proactive bank with strong customer proximity. In a market where expectations for 24/7 digital access are growing alongside the need for real human interaction when it matters most we depend on robust, user-friendly tools. This partnership gives us access to a future-ready core banking platform and solutions that strengthen our digital interface, while increased flexibility allows our skilled employees to focus on what matters most, says Lisbet K. Nærø, CEO of Fana Sparebank.
Being selected by Fana Sparebank for such a long-term technology partnership is a significant vote of confidence. It reflects how our modular, end-to-end platform meets the evolving needs of banks focused on usability, innovation, and secure delivery. Together, we will focus on innovation and technology leadership to bring new self-service solutions to market fast, says Endre Rangnes, CEO of Tietoevry Banking.
During the contract period, Fana Sparebank will migrate to Tietoevrys modernized core banking system, providing the bank with greater flexibility and future readiness.
This technology partnership addresses our need for new functionality with user experience at the center. At the same time, it ensures cost-effective operations, allowing us to remain a positive force for growth and development in the lives of our customers, says Inge Ådland, Director of Innovation and Technology at Fana Sparebank.
About Tietoevry Banking
Tietoevry Banking is the market-leading provider of financial SaaS solutions for the Nordics and beyond. With 3,400 dedicated experts and customers in 60 countries, we deliver solutions for payments and card value chains, financial fraud prevention, lending, and wealth management, as well as a banking-as-a-platform. By combining decades of experience with our modular, scalable, and secure solutions, we empower financial institutions to unlock significant value, and rapidly adapt to market changes, meet regulatory demands, and deliver exceptional customer experiences. Tietoevry Banking is a specialized business unit of Tietoevry; the groups annual turnover is approximately EUR 3 billion. Tietoevrys shares are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo Børs.
For more information, visit www.tietoevry.com/banking
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