nCino Unveils Latest Enhancements to its Consumer Banking Solution
April 01 2024 - 7:45AM
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the
global financial services industry, today announced a series of
enhancements to its Consumer Banking Solution. The upgrades to
nCino’s platform provide bankers with the tools to interact with
consumers where and how they want to engage, while providing a
foundation of flexibility and agility. These tools enable financial
institutions to stay ahead of market shifts and proactively meet
the evolving needs of their clients and members.
Key enhancements include:
- Expanded omnichannel functionality – enhancing
client and member experiences with a streamlined application and
shopping cart experience to reduce time to offer;
- Simplified multi-product origination
experience – increasing operational efficiency with more
intuitive workflows for front-end users and in-branch bankers;
- More robust headless APIs – connecting complex
processes with an institution’s own digital framework to reduce
development and maintenance costs;
- Embedded analytics and Intelligent Cross-Sell
functionality – incorporating data-driven insights that
aid in faster time to decisioning; and
- Indirect lending functionality - allowing
financial institutions to better connect indirect auto lending
clients with their full suite of banking products via technology
(Allegro) that nCino recently purchased from TruStage.
“In the swiftly evolving realm of consumer banking, our
commitment to enhancing the nCino platform stems from a deep
understanding of the industry’s challenges and an unwavering focus
on solving them through technology,” said Law Helie, General
Manager of Consumer Lending at nCino. “We’ve enhanced our Consumer
Banking Solution to make key processes more efficient for our
customers, but also more engaging and accessible for their
customers and members. At nCino, we’re not just adapting to change;
we’re driving it, ensuring that the financial institutions who
partner with us are equipped to offer exceptional services today
and well into the future.”
The enhanced product functionality will be demoed at nSight, the
Company’s annual event where global banking professionals gather to
network, learn best practices, and explore the latest industry
trends and innovations. nSight is being held in Charlotte, North
Carolina, from May 14 – 16, 2024.
About nCino nCino (NASDAQ:
NCNO) is the worldwide leader in cloud banking. Through its single
software-as-a-service (SaaS) platform, nCino helps financial
institutions serving corporate and commercial, small business,
consumer, and mortgage customers modernize and more effectively
onboard clients, make loans, manage the loan lifecycle, and open
accounts. Transforming how financial institutions operate through
innovation, reputation and speed, nCino is partnered with more than
1,800 financial services providers globally. For more information,
visit www.ncino.com.
Media ContactsNatalia
Moosepress@ncino.com
Safe Harbor Statement This press release
contains forward-looking statements within the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements generally include actions, events,
results, strategies and expectations and are often identifiable by
use of the words “believes,” “expects,” “intends,” “anticipates,”
“plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,”
“might,” or “continues” or similar expressions. Any forward-looking
statements contained in this press release are based upon nCino’s
historical performance and its current plans, estimates, and
expectations, and are not a representation that such plans,
estimates, or expectations will be achieved. These forward-looking
statements represent nCino’s expectations as of the date of this
press release. Subsequent events may cause these expectations to
change and, except as may be required by law, nCino does not
undertake any obligation to update or revise these forward-looking
statements. These forward-looking statements are subject to known
and unknown risks and uncertainties that may cause actual results
to differ materially including, among others, risks and
uncertainties relating to the market adoption of our solution and
privacy and data security matters. Additional risks and
uncertainties that could affect nCino’s business and financial
results are included in reports filed by nCino with the U.S.
Securities and Exchange Commission (available on our web site at
www.ncino.com or the SEC's web site at www.sec.gov). Further
information on potential risks that could affect actual results
will be included in other filings nCino makes with the SEC from
time to time.
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