- CCBank has chosen Portland, Oregon-based digital banking provider Tyfone.
- As part of the partnership, CCBank will deploy Tyfone’s nFinia Digital Banking Platform in order to offer new digital banking solutions to its business and retail customers.
- Tyfone made its Finovate debut at FinovateSpring 2008.
Utah-based CCBank has partnered with digital banking provider Tyfone. The financial institution will deploy the fintech’s nFinia Digital Banking Platform to bring innovative digital solutions to both its small- and medium-sized businesses and retail account holders.
An open, API-driven platform, Tyfone’s nFinia empowers financial institutions to select their preferred third-party providers and integrate them into their digital experience. This provides a single access point and log-in for consumer and business loan originations, credit cards, wealth management, and more. This seamless, single-sign-on experience will be available to all CCBank customers via mobile app, online banking, and in-branch services.
“We wanted to take a leap forward in terms of user experience to better compete with larger institutions and tech-forward providers,” CCBank Chief Operating Officer Eric Wright said. “We were looking for a partner with the resources that give us the ability to offer robust technology and third-party integrations while also enabling us to configure our platform to meet our specific needs. Tyfone fits these criteria perfectly, and we cannot wait to present our new platform to our customers.”
A community-focused financial institution with assets of more than $1 billion, Utah-based CCBank serves businesses and retail customers via branches in Salem, Provo, Orem, Pleasant Grove, Sandy, and St. George, as well as through its mobile app and online channels. Founded in 1993, CCBank partnered with Federal Home Loan Bank Des Moines earlier this month to invest in Utah communities by providing financial support to local organizations involved in affordable housing, community development, and other social needs.
“Community banks are the lifeblood of local businesses and jobs, and CCBank’s culture of service and collaboration with the customers is also reflected in their interactions with vendor partners,” Tyfone CEO Siva Narendra said. “We are honored to work alongside CCBank and its visionary team to continue to advance our commercial digital banking capabilities and empower the bank to provide differentiating digital services to its customers.”
One of Finovate’s earliest alums, Tyfone demoed its technology at FinovateSpring 2008. Founded in 2004 and headquartered in Portland, Oregon, the company provides digital banking services for both consumers and businesses via partnerships with community financial institutions across the US. Tyfone’s partnership news with CCBank comes just a few weeks after the company announced that Partners 1st Federal Credit Union has selected its nFinia Digital Banking Platform. Partners 1st FCU is headquartered in Fort Wayne, Indiana, and maintains 20 branches across five states.
Photo by Zack Spear on Unsplash