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TCS partners with DNB Bank to drive digital innovation
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.
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PNB partners Kiwi to launch credit-enabled UPI for users
Targets 180 million customers; RuPay card offers 0.5 per cent to 1.5 per cent cashback
MUMBAI: Swipe, tap, or scan credit is quietly slipping into the rhythm of everyday payments, and Punjab National Bank wants in on the action. The state-run lender has partnered with Kiwi to roll out credit-enabled UPI payments for its 180 million customers, marking a significant push to blend traditional banking with India’s fast-evolving digital payments ecosystem.
At the centre of the collaboration is the launch of the PNB Kiwi Credit Card on the RuPay network. The card is designed with a digital-first approach, offering fully online onboarding and seamless integration with UPI, allowing users to transact via scan-and-pay while accessing credit.
The offering also brings in a rewards layer, with cashback ranging from 0.5 per cent to 1.5 per cent on online transactions, positioning the product as both a convenience play and a spending incentive.
The move comes as UPI continues to dominate India’s digital payments landscape, increasingly blurring the lines between debit-led transactions and credit access. For PNB, which operates over 10,000 branches around 60 per cent in semi-urban and rural areas, the partnership signals a targeted effort to extend formal credit to segments that have traditionally remained underserved.
The collaboration also reflects a broader industry shift, where banks and fintech platforms are converging to embed credit directly into payment flows, reducing friction while expanding access.
With RuPay credit cards gaining traction and UPI evolving beyond peer-to-peer transfers, the PNB–Kiwi tie-up positions both players at the intersection of scale, accessibility, and the next phase of digital finance in India.
