FinTech Futures: Top five news stories of the week – 1 November 2024
Our pick of the top fintech news stories this week includes nCino, Citi, Moniepoint and more.
Our pick of the top fintech news stories this week includes nCino, Citi, Moniepoint and more.
FinTech Futures takes a look back at five of the top M&A deals in October.
nCino previously partnered with FullCircl in 2023 to integrate its data capabilities.
FinTech Futures takes a look back at five of the top banking tech stories of the month.
ABN Amro is streamlining its digital lending operations and strengthening its trade finance transaction monitoring.
The bank is also adopting nCino’s nIQ solution for AI and machine learning tools.
North America’s sixth-largest commercial bank has tapped the platform to “detect more early warning signs” in lending.
The platform will support Libro with loan origination, customer onboarding and deposit account opening.
Together claims to have a loan book exceeding £6.8 billion, originating over £200 million in loans monthly.
Our pick of the top fintech news stories this week includes Nuvei, Silverbird, nCino and more.
DocFox provides account opening software built to help simplify the customer onboarding process.
The bank will leverage nCino’s Cloud Banking Platform across its consumer and business lending operations.
The round was led by Australian bank Westpac and cloud-based financial services platform nCino.
The SME-focused challenger landed its UK banking licence with the FCA and PRA in March.
The bank aims to increase efficiency in its underwriting and loan origination processes.
nCino says that Honor Bank was able to implement its solution and go live in “just six months”.
With nCino, the bank aims to improve efficiency and deliver a “frictionless” experience for staff and customers.
The bank says it wants to enhance the lending experience for its customers by moving to a single platform.
Orenstein joined nCino in 2015 and most recently served as chief corporate development and strategy officer.
The UK challenger will deploy nCino’s cloud-based Bank Operating System.
Capitec is South Africa’s largest digital bank, with more than 10 million customers.
Learn how Recognise sought an end-to-end digital solution to help it offer the best service to SMEs.
An actionable roadmap for approaching any major digital transformation journey.
UK bank will look to utilise nCino’s end-to-end cloud-based platform.
With the high demand for mortgages in the UK, digital transformation efforts in the space have accelerated.
Finserv provider says acquisition is a “natural expansion” of its digital banking platform.
Accenture will provide project management, design, development and testing.
Judo Bank aims to automate processes to focus on customers.
The company sold 8.06 million shares to raise $249.86 million on 13 July.
nCino plans to raise $100 million in its IPO.
Implementation of nCino’s cloud banking software took a year for the bank.
US-based nCino has gained further presence in Australia via a new deal with Funda Finance Partners, an SME lender. New South Wales-based Funda will implement the vendor’s flagship cloud-based solution, nCino Bank Operating System, “to streamline its lending processes and enhance its customer experience”, nCino says. “Funda chose nCino after searching for a technology solution […]
Mambu Core will be plugged into the bank’s tech alongside nCino.
Pennsylvanian bank opts for firm’s Bank Operating System.
Recognise plans a 2020 launch for SME banking.
The cloud developer has raised $213m since 2012
Accenture will be acting as the systems implementation partner
B-North is still awaiting a licence from the FCA.
The agreement marks nCino’s first Canadian credit union customer
The two companies will continue to market their solutions separately.