Banqsoft AS

Car loans from Banqsoft can be tailored to meet most car financing requirements in the marketplace, supporting the full life-cycle financing of cars and commercial vehicles.

Our solutions cover unsecured loans, loans with collaterals, annuity loans, loans with fixed or floating interest, weighted or season-based payment plans.

All products can be configured based on a wide range of parameters, from interest methods, repayment methods, annuity, straight-line or flexible amortization, handling of changes in the payment plan such as payment free periods or flexible payment plan, period length, invoicing, pre-collection and collection and more.

Banqsoft offers efficient self-service solutions for automated scoring, onboarding and applications for direct or indirect sales channels and “MyCar” for the buyer.

Versatile Distribution Functionality

Leasing from Banqsoft supports operational and equipment leasing, hire purchase, rentals to big and small ticket leasing and more. 

Leasing covers operational and financial leasing or hybrids to both corporates and consumers. The solution supports areas such as hire purchase, rental, auto leasing, equipment leasing, big and small ticket leasing.The complete lifecycle of leasing is supported from contact to contract - from product shaping, onboarding, credit handling and compliance regulations such as GDPR, FINREP, COREP, tax and VAT built-in.

Additional products and services such as insurance, service, tyres and fuel cards can easily be added to the leasing contract. Flexible pricing mechanisms make it possible to offer risk-based pricing, cost and profit split, commission and subsidy management. 

Banqsoft also offers wholesale partner integrations and self-service solutions with possibilities for multi-branding in all channels, delivered as responsive services for pc, tablet and mobile phones.

Automated Workflows

Increase your business volume, improve your profit margins and enhance dealer relations and loyalty with Floor Planning from Banqsoft.

Floor Planning can be an extremely beneficial business strategy for automotive dealers.The solution supports car dealers need for financing of demo cars, new and used cars in stock in different business models such as consignment, loans and wholesale. This ultimately increases business and contributes to dealer loyalty. 

Banqsoft also offers partner integrations and self-service solutions with possibilities for multi-branding in all channels, delivered as responsive services for pc, tablet and mobile phones.

Your one-stop solution for efficient management of fleet contracts - all in one platform. Design your fleet business based on the fleet size, strategy, partners, channels, best practice and statistics.

Increase your business volume, improve your profit margins and enhance dealer relations and loyalty with floor planning from Banqsoft. Our Fleet Management solution offers efficient management of fleet contracts in multiple channels. New fleet cases can be imported directly from the customer, using the built-in web services, or manually established using customized workflows.

The solution supports the complete lifecycle of fleet management from frame agreements, automated workflows, digital customer communication, multiple types of fleet costs, a single invoice per customer, accounting proposal, support for car benefit values, mileage reporting, salary deductions or fuel split handling, to handling of fuel cards and reporting.

Banqsoft also offers partner integrations and self-service solutions with possibilities for multi-branding in all channels, delivered as responsive services for pc, tablet and mobile phones.

Deposits & Savings from Banqsoft support current and savings accounts with debit cards, virtual cards, to micro saving and mobile wallets to suit every need.

Deposits & Savings from Banqsoft includes both current accounts and savings accounts. A wide range of features, interest types and capitalization frequencies make it easy to build different market products to specific customer segments. Automatic change of products and conditions also allows the bank building loyalty programs for customers' distinct phases of life.

Current accounts are integrated with banking infrastructure for card handling and payments in the Nordics. Additional products and services such as credits, debit cards, virtual cards, micro savings and mobile wallets can be attached on demand.

Savings accounts can be linked to withdrawal restrictions, reward rules like cashback for large deposits, or as security for a loan or credit.

The solution handles payments as direct debit and e-invoicing, recurring payments and standing orders, overdraft handling including reminders and automated debt collection, customer notifications and annual assignments, tax reporting, reporting to general ledger and data warehouse, as well as compliance requirements built-in.

Enquiries, updates and capitalization of transactions are updated real-time and distributed to all channel solutions. Deposits & Savings are delivered as responsive services for online banking such as pc, tablets and mobile devices, both for consumers and corporates, offering the optimal customer experience.

Loans & Credits from Banqsoft support a wide range of loan products from mortgage-based loans to consumer loans and revolving credits.

Loans & Credits from Banqsoft includes multiple lending products, interest types and capitalization frequencies, which make it easy to meet different customers needs for financing.

For consumer loans, flexible re-payment schemes can be offered, including instalment or interest-free periods.

For revolving credits, several conditions can be set, including credit limits with top-up opportunities if the balance is below the granted limit.

Secured loans and mortgages can be offered to finance a wide range of objects, from real estate to machinery, equipment or movables. The solution handles complex collateral structures, multiple interest types including fixed interest, multiple fees and calculation methods.

The solution handles payments as direct debit and e-invoicing, recurring payments and standing orders, overdraft handling including reminders and automated debt collection, customer notifications and annual assignments, tax reporting, reporting to general ledger and data warehouse, as well as compliance requirements built-in.

Enquiries, updates and capitalization of transactions are updated real-time and distributed to all channel solutions. Loans & Credits are delivered as responsive services for online banking such as pc, tablets and mobile devices, both for consumers and corporates, offering the optimal customer experience. For all loan products the solution focus on automated, flexible and swift credit processes, including online applications, credit score and approval.

Cards from Banqsoft support the complete lifecycle of card issuing related to credit cards, debit cards, prepaid cards, virtual cards, mobile wallets, as well as micro savings or donations to charity.

The solution supports BankAxept, VISA and MasterCard. It is highly automated and delivered seamlessly integrated with issuer gateway services from Nets, including card fraud management and 24/7 emergency services, as well as PIN management toolkit. The module also handles major existing and upcoming payment schemes with different token technology.

The card module consists of a ledger, online customer on-boarding including KYC, FATCA, AML, eID and eSignature, credit- and risk processes, risk-based pricing, card ordering and production process, PCI compliance, PIN services, card renewals, STIP and clearing, settlements, rewards, cashback, cashpoints, invoicing, payments, dispute handling, dunning and pre-collection, customer statements and reporting.

Flexible pricing methods makes it possible, to customize card products to specific market segments. Multiple credit applications can be handled simultaneously in the internet or mobile bank, where the customer also can administrate their own PIN codes.

With the global explosion of online sales and e-commerce, Banqsoft has developed its Sales Finance offering, which enable finance companies to offer different payment options to their merchant/vendor partners and operate in new channels.

Digital transformations have tremendously changed the way consumers purchase and shop - and today, e-commerce is the largest industry in the world. Consumers expect the efficiency and convenience to shop anytime, anywhere and with flexible payment options.

The Sales Finance offering from Banqsoft covers the entire purchase chain, from onboarding new customers, finance creation (reservation of new purchases), finance activation (upon delivery), proper handling of returns and cancellations and Merchant settlement.

All products are configurable supporting fees, interest, installment types, and rules for income-sharing between the merchant and finance company.

Banqsoft's Sales Finance solution enable finance companies to automate and digitize their offerings, so they can operate in new channels with even more merchants and focus on their core business. 

Market leading debt collection software for pre-collection, dunning, collection, legal process and monitoring.

World class automation

As part of the cloud-native Lighthouse suite from Banqsoft Credit Management, 3D Ledger completes the product portfolio for automated credit management from the initiation of credit through to legal collection or surveillance. 

3D Ledger is a standalone product in the Lighthouse Ecosystem. It uses the same common services and security model, and integrates seamlessly with Collect through standard APIs. To provide pure ledger/invoice administration services, it does not require Collect.  

Banqsoft 3D Ledger handles the pre-collection processes of the credit “life-cycle”. This includes data capture, general ledger and accounts receivables subsidiary ledger accounting, invoice production and distribution and automated pre-collection monitoring and processing. Automated processing is per invoice and includes recording payments and credit notes, allocation against invoices, and producing reminders for over-due invoices. Typically, the last step in the process will be to transfer the over-due credit to a collection solution, like Collect. 

Collectors using Banqsoft 3D Ledger together with Collect will be able to offer their clients a full Credit Management service for the entire credit life-cycle, optimizing the pre-collection as well as the collection processes, and improving 

Product Details

The ever-increasing complexity of the payment services and clearing ecosystem is why Banqsoft Payment Service was developed. By separating the processing of payments from core systems, it allows you to overcome that complexity and do more with your payment services. Even upgrades can be performed seperately for Banqsoft Payment Service, keeping you on the cutting edge without upgrading your core systems.

Through standard REST APIs you can connect Banqsoft Payment Service to multiple cores, ledgers or PISPs (Payment Initiation Service Provider). At the same time, you can connect it to different clearing services on the other end. Let it redirect payments on the fly to the different cores and clearing services – even on a per payment basis via configurable routings and filters. That way you can focus on initiating payments and let Banqsoft Payment Service take care of the rest. Multiple clearing services and adaptors are supported, including P27, EBA, STRAKS, emerging services such SWISH and VIPPS and more, giving you the possibilities to take on new markets and innovations.

Ultimately, modularizing your payment processing with Banqoft Payment Service means you reduce system complexity, increase performance, improve agility and scalability of your services.