Redwood Capital Bank selects Apiture to power online and mobile banking
Redwood Capital Bank, a US-based community bank serving small businesses, individuals and families in Humboldt County, California, has selected Apiture to power its online and mobile banking solutions.
Redwood Capital Bank partners Apiture for digital banking
The bank has adopted the Apiture digital banking platform to expand its presence beyond its current communication channels of branch and telephone-based banking, in line with the growing customer preference for digital banking options.
Apiture’s cloud-based platform includes five different solutions built specifically for US banks and credit unions, namely consumer, business and API banking functions, account opening and data intelligence.
John Dalby, president and CEO of Redwood Capital Bank, anticipates that its adoption of the platform will “greatly benefit our customers” while aligning with its “business values and mission”, adding that the partnership sets “a benchmark for our technology partners”.
Apiture CEO Chris Babcock says that the bank’s “desire for nimble, highly configurable solutions” makes it “a natural partner” for the solutions provider, with the two working together to deliver “a modern, intuitive banking experience”.
Following its $10 million insider funding round late last year, news of this latest partnership indicates the continued momentum of the Apiture digital banking platform into 2024. New Mexico-based State Employees Credit Union and Colorado-based Points West Community Bank were among its new clientele last year.
