MUMBAI: Tata Consultancy Services (TCS) is doubling down on its long-standing relationship with Norway’s DNB Bank ASA, securing a five-year extension as the bank’s strategic technology partner. This renewed alliance will fuel DNB’s digital modernisation, leveraging cutting-edge solutions in AI, quantum computing, and cybersecurity.

For over 12 years, TCS has played a pivotal role in DNB’s digital evolution, helping launch peer-to-peer mobile payments and enhancing the bank’s operational resilience. Now, with this extended partnership, TCS will continue developing new applications, fortifying security measures, and driving next-generation innovations from its Sahyadri Park campus in Pune, India.

“We already have a longstanding and proven relationship where TCS has helped enable some of our biggest transformations and innovations,” said DNB group EVP of technology & services Elin Sandnes. “We look forward to seeing what we can achieve together in the future.”

“We are always looking for new ways to equip DNB in their efforts to be Norway’s most innovative bank,” said TCS president of banking & financial services Shankar Narayanan. “We are pleased to continue our collaboration and push the boundaries of banking technology.”

TCS’ Machine First Delivery Model has already automated DNB’s operations, improving customer experience and productivity. As one of Norway’s top IT partners for over three decades, TCS remains a dominant player in the Nordic banking sector, supporting 20,000 plus employees across leading enterprises in financial services, telecom, and hi-tech industries.