Tata Consultancy Services Ltd.

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TCS partners with BankID BankAxept AS

Date: 20-09-2023

Tata Consultancy Services (TCS) has entered into a strategic partnership with BankID BankAxept AS, Norway’s national payment and electronic identity systems, to set up and manage an operations command center that will enhance the resilience, security and availability of the country’s critical financial infrastructure.

BankAxept is the national payment system in Norway, with 80% of card payments made using a BankAxept card. BankID is the Norwegian eID verification solution, with more than 90% of the country’s population, banks, public institutions and commercial enterprises dependent on it. New regulations around digital identity authentication require BankID to offer users a compliant, reliable and secure electronic identity solution and ‘round the clock’ support.

BankID BankAxept AS chose TCS to create a new command center, for its proven experience in leading large-scale growth and transformation projects for enterprise clients in the banking and financial services sector. As part of the agreement, TCS will build and manage a 24x7 operations command center at Oslo, Norway, for all BankID BankAxept AS users and clients. The new command center will enable immediate responses to any service disruption, security issues, or client requests that are related to Norway’s essential national payments and electronic identity verification systems.

TCS is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.