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Tietoevry Banking and Lokalbank team up to power digital banking across Norway

By Gloria Methri

May 29, 2025

  • Banking technology
  • Core Banking Modernization
  • Digital Online Banking
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Tietoevry, Lokalbank, Digital Banking, core banking systems, FinTech, Tietoevry Banking, Open Banking, FinTech, Nordics, Norway, EuropeTietoevry Banking has entered into a strategic, long-term partnership with Lokalbank to deliver a full-scale banking platform tailored for the Norwegian market. The five-year agreement, with options to extend for two additional two-year terms, covers core banking services, online and mobile banking, payment systems, card services, and anti-financial crime tools, ensuring both regulatory compliance and robust security.

Lokalbank, a collaborative network of 16 independent Norwegian banks serving 250,000 retail and business customers, aims to strengthen its community-focused mission through scalable, future-ready technology. The new platform is expected to streamline operations across member banks, improve digital workflows, and enable employees to prioritise advisory services and customer engagement.

“The agreement with Tietoevry Banking provides Lokalbank with a unified technology platform that streamlines operations across the collaboration. Digital workflows and user-friendly tools free up employees to focus on advisory services and sales. Combined with a modern digital interface, this enhances the overall customer experience. Altogether, the partnership with Tietoevry Banking strengthens our banks’ competitive position,” said Bent R. Eidem, CEO of Lokalbank.

For Tietoevry Banking, the deal reinforces its position as a key provider of banking technology in Norway. A structured collaboration model has been built into the agreement, enabling close alignment between the two organisations and the broader Frende Group.

“Being chosen by Lokalbank as a strategic partner is a strong vote of confidence. Our end-to-end technology platform, built on industry-standard architecture, enables cost-efficient banking while meeting high demands for quality and security. Through the delivery of a full-service solution, Lokalbank benefits from significantly simplified integration and faster time-to-market,” said Endre Rangnes, CEO of Tietoevry.

Tietoevry Banking will migrate Lokalbank onto its modernised core platform using a proven framework focused on collaboration, defined roles, and structured governance to ensure a smooth transition. The partnership is also expected to support the development of future digital banking services aligned with evolving customer needs.

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