Live Oak Bank’s loan process for its business customers got a lot faster today. The bank, headquartered in Wilmington, N.C., specializes in loans to small and medium businesses. It announced today that it had partnered with cloud-based banking systems provider nCino to provide a more streamlined and transparent process for itsRead More
Post Tagged with: "nCino"
Small businesses are proverbially difficult for banks to serve — but don’t tell that to Hugh Connelly, president of Univest Capital, a division of Univest Bank and self-described “small business growthologist.” Univest, a $2.2-billion Philadelphia-area institution, has turned to the cloud to increase efficiency in its small business lending. For Connelly, this leapRead More
Cloud-based financial software provider nCino wants to bring the painless “Uber experience” to banking.
Banc of California, a $4 billion bank based in Irvine, Calif., is the largest win for nCino Inc. since the banking technology company released its latest version of its Bank Operating System in May.
The competition was stiff and the challenge itself was arduous, but after ten 6-minute demos to ten different audiences, Phroogal emerged triumphant in the 2014 Bank Innovation DEMOvation Challenge. San Francisco-based Phroogal is a question-and-answer portal for financial advice — a sort of Quora for the financially curious. The serviceRead More
Throughout the past year, the adoption of cloud technology has exploded among both large and small financial institutions in search of a solution to improve security, profitability and business continuity. There are still banks, however, that are apprehensive about making the jump to a new technology delivery system. Don’t getRead More
Community banks are gaining a new tool option to better track their loan portfolios. The thrust of the new offering, called Bank Operating System, allows FIs to peek inside their existing loan-production pipelines and portfolios through a dashboard, doc manager and reporting.