TCS Renews Five-year Partnership with Norway's DNB Bank ASA
ECONOMY & POLICY

TCS Renews Five-year Partnership with Norway's DNB Bank ASA

Tata Consultancy Services (TCS) has extended its partnership with DNB Bank ASA, Norway’s largest financial services group, for an additional five years. The renewed collaboration will focus on supporting DNB’s digital modernization efforts while improving cost efficiency. TCS will deploy next-generation technologies to enhance the bank’s transformation initiatives, which include maintaining and developing applications, strengthening security infrastructure, and integrating advanced solutions such as artificial intelligence and quantum computing.

Over the past 12 years, TCS has played a crucial role in DNB’s innovation and digital transformation journey. The partnership has led to the development of key digital solutions, including the launch of the bank’s peer-to-peer mobile payment platform, which has reinforced DNB’s position in the competitive mobile payments sector. In addition, TCS has been instrumental in creating various digital products while ensuring secure and stable banking operations.

The TCS Sahyadri Park campus in Pune, India, will continue to provide essential support for DNB’s critical services. With a presence in Norway for three decades, TCS has established itself as a key technology partner for leading enterprises across the Nordic region. Currently, more than 20,000 TCS employees support major companies in banking, financial services, insurance, telecom, and high-tech sectors, contributing to the region’s digital growth and modernization.

This extended agreement strengthens the long-standing collaboration between TCS and DNB, reflecting a shared commitment to driving innovation and leveraging emerging technologies to enhance financial services in Norway and beyond.

News source: Business Standard

Tata Consultancy Services (TCS) has extended its partnership with DNB Bank ASA, Norway’s largest financial services group, for an additional five years. The renewed collaboration will focus on supporting DNB’s digital modernization efforts while improving cost efficiency. TCS will deploy next-generation technologies to enhance the bank’s transformation initiatives, which include maintaining and developing applications, strengthening security infrastructure, and integrating advanced solutions such as artificial intelligence and quantum computing. Over the past 12 years, TCS has played a crucial role in DNB’s innovation and digital transformation journey. The partnership has led to the development of key digital solutions, including the launch of the bank’s peer-to-peer mobile payment platform, which has reinforced DNB’s position in the competitive mobile payments sector. In addition, TCS has been instrumental in creating various digital products while ensuring secure and stable banking operations. The TCS Sahyadri Park campus in Pune, India, will continue to provide essential support for DNB’s critical services. With a presence in Norway for three decades, TCS has established itself as a key technology partner for leading enterprises across the Nordic region. Currently, more than 20,000 TCS employees support major companies in banking, financial services, insurance, telecom, and high-tech sectors, contributing to the region’s digital growth and modernization. This extended agreement strengthens the long-standing collaboration between TCS and DNB, reflecting a shared commitment to driving innovation and leveraging emerging technologies to enhance financial services in Norway and beyond. News source: Business Standard

Next Story
Resources

Blum India brings Design Reverie to Hyderabad

Blum India hosted the Hyderabad edition of its signature event, Design Reverie, at the historic Taj Falaknuma Palace, making it a memorable evening for the city’s architecture and interior design community. As per news reports, the event combined modern design sensibilities with the grandeur of a palace setting and the spiritual charm of Sufi qawwali.This marked the third edition of the event, after previous gatherings in Delhi and Bangalore. In Hyderabad, the focus was on fostering relaxed yet meaningful dialogue among design professionals—away from the typical conference setup. The eveni..

Next Story
Resources

Hafele launches Platinum Studio in Nagpur

Hafele has expanded its franchise footprint in central India by opening a new Studio Partner Platinum showroom in Nagpur in collaboration with Onkar Furnitech. The studio was inaugurated by Nitin Gadkari, Minister of Road Transport and Highways, along with Padma Gupta, Director – HR & Customer Experience, Hafele South Asia.Located at Sarthak Plaza, South Ambazari Road, Laxmi Nagar, the showroom offers an immersive experience of Hafele’s wide-ranging interior and home solutions. Designed as a hands-on, real-life application space, the studio showcases Hafele’s full portfolio—includi..

Next Story
Resources

Truflo by Hindware wins GPTW honour again

Truflo by Hindware has been certified a Great Place to Work for the fourth consecutive year, reaffirming its commitment to a people-first culture. The certification was awarded by the Great Place to Work Institute following a rigorous evaluation of employee experience, leadership, culture, and HR practices.Known as India’s fastest-growing plastic pipes and fittings company, Truflo has focused on fostering an inclusive, innovative, and growth-driven work environment. The company prioritises employee well-being and professional development, creating a culture where people feel valued and empow..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?