Open Banking in Norway

What is the current status of Open Banking in Norway?

Norway, much like the rest of the Nordic countries, is in an advantageous position in terms of embracing and adopting Open Banking technology. By leveraging the Nordic collaborative models, proven payment infrastructure and pan-European developments such as PSD2, Norway has one of the strongest presence in the world. 

Interesting stats about OB potential in Norway

What will the future of Open Banking look like in Norway?

Currently, Norwegian banks provide Open Banking API access with aggregators, enabling connectivity between Nordic banks and third-party PISP/AISPs. This is seen by many as the foundational piece for a future Nordic Open Banking API that will be the next step for the P27 Nordic Payments infrastructure.