Norway’s SPK selects Mambu and Knowit to support its upcoming housing loan solution

The Norwegian Public Service Pension Fund (SPK) has partnered with Mambu and Knowit to modernize its housing loan solution. The collaboration aims to develop a user-friendly platform that adheres to the Norwegian government’s digitalization strategy.

Facts

  • The Norwegian Public Service Pension Fund (SPK) has chosen Mambu and Knowit to support its upcoming housing loan solution.
  • The partnership between SPK, Mambu, and Knowit aims to build a component-based banking offering and housing loan track.
  • The SPK envisions its housing loan solution as “Norway’s most modern and user-friendly platform” when it launches next year.
  • The collaboration utilizes Knowit’s Dploy loan application system and Mambu’s cloud banking technology.
  • SPK sought a cohesive and user-friendly application and loan solution that aligns with the Norwegian government’s digitalization strategy.
  • According to Jan Georg Lehmann, the delivery manager at Knowit, government entities like SPK have been leading the way in digitalization.
  • Data security and privacy are top priorities for SPK, ensuring a simpler and more user-friendly banking solution.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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