Kredittbanken ASA, a Norwegian consumer credit institution, has selected FIS Total Issuing PRIME in the Cloud to modernize the core technology platform supporting its loans, deposits, and credit cards.
The new cloud-based platform will run on Amazon Web Services (AWS) and is intended to support Kredittbanken’s continued growth, product innovation, and digital customer experience.
Key Highlights
Company: Kredittbanken ASA
Technology provider: FIS
Platform: FIS Total Issuing PRIME in the Cloud
Cloud infrastructure: Amazon Web Services (AWS)
Areas covered: Loans, deposits, and credit cards
Focus: Core modernization, scalability, standardization, and reduced complexity
Technology capabilities: Automated infrastructure upgrades, elastic scaling, and API-first integrations
Network: Kredittbanken provides consumer credit products through 69 Norwegian savings banks.
The move is part of Kredittbanken’s broader core modernization program, with the company looking to reduce the complexity of managing infrastructure while gaining access to regular platform, innovation, and compliance updates.
According to FIS, the transition reflects a wider shift among financial institutions toward managed cloud services as they modernize critical banking and payments infrastructure.