In a bid to bring innovative financial technology solutions to the Nordic market, Knowit, a leading provider of digital services to banks and businesses, has announced a strategic partnership with Bottomline, a global provider of financial technology solutions for business payments and financial messaging.
The partnership is aimed at combining Knowit’s local expertise and systems integration capabilities in the Nordic market with Bottomline’s vast range of capabilities and international experience in payments, messaging, and connectivity. As a result, the partnership will offer banks, non-banking financial institutions (NBFIs), and Payment Service Providers (PSPs) in the Nordic market seamless access to multiple payment networks and schemes.
Commenting on the partnership, Rune Ivarsflaten, Head of Dploy, a Fintech solution from Knowit, said, “We are excited to partner with Bottomline to bring innovative connectivity to banks, NBFIs, and PSPs in the Nordic market.” He further added, “Our role as Bottomline’s integration partner in the Nordics will allow us to provide our customers with seamless integration of Bottomline’s solutions and services. This combination provides our customers with the best of both worlds – global capabilities and local understanding.”
Espen Vindegg, the Partner Integration Manager of Knowit, also expressed his satisfaction with the partnership. He said, “Our partnership with Bottomline will allow us to leverage our local presence and system integration expertise to help banks and businesses in the Nordic region process payments, securities, and financial messaging efficiently.”
Vitus Rotzer, CRO of Financial Messaging for Bottomline, also commented on the partnership, saying, “We are pleased to partner with Knowit, a Nordic powerhouse for digital solutions. By integrating with our software, Knowit will play a vital role in giving financial institutions a single point of access to multiple payment networks. This partnership helps us extend our footprint into the Nordics, offering organizations the local knowledge and support they need to be successful.”
With this partnership, Nordic banks can now leverage Knowit’s local knowledge and Bottomline’s international experience to create a seamless payment processing system that can handle multiple domestic and cross-border payment networks and schemes with ease.
This partnership will revolutionize financial technology in the Nordic region by providing a comprehensive and innovative solution that will help financial institutions enhance their payment processing systems. With the partnership now in place, businesses and banks in the Nordic region can look forward to a more efficient and streamlined payment processing experience.