Worldline has announced a strategic partnership with DNB Bank ASA, Norway’s largest financial institution, to enhance real-time payment infrastructure using Swift Instant Connectivity to TIPS (TARGET Instant Payment Settlement).
This collaboration aims to strengthen DNB’s ability to process seamless, secure, and real-time payments for its customers, aligning with the EU Instant Payments regulation and the growing demand for faster financial transactions.
Enhancing Instant Payments
DNB Bank will leverage Worldline’s Swift Service Bureau (SSB) to ensure efficient and uninterrupted access to the TIPS platform.
This infrastructure offers highly secure, reliable and real-time settlement solutions, enabling DNB to provide instant payment processing across the European market.
Worldline’s fully managed Swift connectivity solution ensures compliance with Eurosystem standards while delivering exceptional performance and high availability.
By integrating this solution, DNB Bank strengthens its real-time payment capabilities, reinforcing its position as a leader in digital banking innovation.
Future-Proofing Payment in the Nordics
The partnership between Worldline and DNB is a step toward modernising financial services in Norway and the wider Nordic region.
The SwiftNet Instant Connectivity to TIPS solution allows banks to scale their instant payment services and expand their reach across European financial infrastructures.
This move supports the broader industry trend of outsourcing advanced payment services to enhance efficiency, meet regulatory requirements and accelerate the adoption of instant cross-border transactions.
Commenting on the partnership, Sheri Brandon, Head of New Business, Financial Services at Worldline, emphasised the company’s commitment to supporting financial institutions in the Nordics.
“Worldline is proud to partner with DNB and empower their connectivity to TIPS with our SwiftNet Instant Connectivity. This collaboration reflects our commitment to delivering cutting-edge payment solutions that drive efficiency, innovation, and growth for banks in the Nordic region.”
To learn more about the Norwegian Payments Market CLICK HERE