DNB taps on the Nordic API Gateway for account aggregation
Norway’s largest bank DNB will use Nordic API Gateway’s product to offer their customers a full overview of their finances across all banks in DNB’s new mobile banking app.
Rune Mai, CEO of Nordic API Gateway says: “One of the reasons why DNB chose us is that our API offers a very broad coverage in the Nordics. We cover the vast majority of all Scandinavian banks, and as opposed to other API aggregators, we support access to both personal and business accounts, which means that our client can build solutions for anyone.”
“We should definitely take advantage of the opportunities that PSD2 opens up for, and we want to be an actor that helps guide these changes,” says Ingjerd Blekeli Spiten, group executive vice president retail banking at DNB.
The fintech is currently assisting major banks such as Danske Bank and Jyske Bank in Denmark and a various number of start-ups, retails and ERP providers.
Ad the end of last year, the firm received a €5.2 million investment from DNB and Danske Bank as the northern parties plan to build their PSD2 infrastructure in the Nordics.
Soon, the fintech company will also include a smart way to initiate payments directly from account to account.
Nordic API Gateway says it is moving fast to onboard new customers and have already many interesting international and local companies in line.