Norway’s SPK selects Mambu and Knowit to support its upcoming housing loan solution
The Norwegian Public Service Pension Fund (SPK) has partnered with the cloud banking platform Mambu and its partner Knowit, a Stockholm-based digital consultancy, to modernise its housing loan solution.
Mambu and Knowit are supporting the SPK’s housing loan solution
The agreement will assist the SPK in building its component-based banking offering and housing loan track to digitalise the housing loan system it manages for Norway’s government employees.
The SPK forecasts the solution being “Norway’s most modern and user-friendly platform” when it launches next year, and its latest agreement has paired its efforts with Knowit’s Dploy loan application system and Mambu’s cloud banking technology in order to achieve this outcome.
It cites “a cohesive and user-friendly application and loan solution, which would work intuitively for customers” as a catalyst for its partner selection, while also seeking an arrangement that could adhere to the Norwegian government’s digitalisation strategy.
The delivery manager, Knowit’s Jan Georg Lehmann, says that government entities are currently leading the way in this area.
“We have seen that the government has been innovative within digitalisation for many years, with authorities like the Norwegian Tax Administration and NAV as prime examples,” Lehmann explains.
“It is pleasing, but not surprising, that an organisation like the SPK is the first to build a simpler, more user-friendly component-based banking solution, with data security and privacy remaining the highest priority,” Lehmann adds.
