New settlement service NBO INST

Norway’s new payment backbone is coming. We help banks get there — faster, safer, and fully compliant.

Future-oriented payment system

Transition reshaping every Norwegian bank

The move to NBO Inst affects not just settlement, but your entire payment operations.

Banks need to modernize systems, ensure resilience, and maintain service continuity — all while managing liquidity in real time.

Expected pain points during transition:

Infrastructure replacement (from NICS Real)
Compliance with EU Instant Payments regulation
24/7 operational and liquidity challenges
Integration with ECB’s TIPS

The question is not whether to connect — but how to do it securely, efficiently, and with business continuity.

Tietoevry Banking – connecting Norwegian banks to the new instant reality

Tietoevry Banking has been at the core of Nordic payment modernization for decades. From Sweden’s RIX-INST to Denmark’s real-time infrastructures, we bring proven frameworks, tested integration, and operational excellence into Norway’s instant payment journey.

We support banks at every stage:

Consultancy and readiness assessment for NBO Inst alignment
Migration and integration with TIPS and Norges Bank’s settlement interface
Operational resilience and managed service ensuring uptime in a 24/7/365 world.

With our ISO 20022-native software and central bank experience, Tietoevry Banking ensures that your NBO Inst connection supports present operations and future growth.

We also deliver Straks 2.1 services in Norway today, processing a major share of the country’s instant payments. This gives Tietoevry Banking first-hand knowledge of national infrastructure, transaction volumes, and operational requirements, ensuring a deep understanding of how Norwegian payment systems work today — and how to evolve them towards NBO Inst tomorrow.

NBO INST readiness today unlocks tomorrow’s real‑time and cross‑border potential.

Meeting NBO Inst compliance is just the beginning. This new settlement service doesn’t only modernize infrastructure — it opens an entirely new payment landscape for Norwegian banks.

As domestic and batch payments move into an instant flow, the possibilities for innovation expand across corporate, retail, and cross-border domains.

With settlement aligned to the ECB’s TIPS platform, Norwegian banks can step into the same real‑time ecosystem as their Nordic and European peers — enabling new instant products, enhanced liquidity management, and frictionless international payments.

Preparing for NBO Inst means preparing for the future of payments.

Partner with Tietoevry Banking

A trusted partner for instant payments transformation

Partnering with Tietoevry Banking means working with a provider that combines deep Nordic and European payment infrastructure expertise with decades of hands-on experience supporting both central and commercial banks.

We understand the complexity of instant payment transformation and deliver the technology, operations, and scale needed to support Norwegian banks on their journey toward NBO Inst and beyond.

Deep Nordic and European payment infrastructure expertise from decades serving central and commercial banks
Proven instant payment deployments across Sweden, Denmark, and Finland
ISO 20022-native components and connectivity ready for NBO Inst using our SWIFT Service Bureau
Managed service and operational model ensuring always-on availability
Local partnership with global-scale capabilities.