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Knowit AB ( (SE:KNOW) ) has provided an announcement.
Coop Norge has partnered with Knowit and Mambu to upgrade its core banking system, aiming to enhance the management of member deposits across Norway. This collaboration will modernize Coop’s infrastructure, ensuring security, transparency, and scalability, while also improving member experience and regulatory compliance. The project, which will run for four years with possible extensions, highlights Knowit’s role as a lead system integrator and Mambu’s provision of a cloud-based core banking platform.
More about Knowit AB
Knowit is a digitalization consultancy firm focused on creating a sustainable and humane society through digitalization and innovation. The company supports clients in digital transformation with services in system development, digital customer experiences, IoT, cloud, cybersecurity, and management consultancy. Knowit operates mainly in the Nordic countries, with additional operations in Germany and Poland, and is listed on Nasdaq OMX Stockholm Mid Cap.
YTD Price Performance: -16.44%
Average Trading Volume: 43,135
Technical Sentiment Signal: Sell
Current Market Cap: SEK3.14B
For a thorough assessment of KNOW stock, go to TipRanks’ Stock Analysis page.