Pennsylvania-based CNB Bank has selected nCino and its Bank Operating System for the digitisation of its retail lending processes, reports Alex Hamilton of Fintech Futures (Finovate’s sister publication).
The bank, which holds $3.2 billion in assets, needed a platform which could work with its existing processes and could perform customer onboarding, document management, and retail lending.
According to Ruth Anne Ryan-Catalano, vice president of retail banking at CNB Bank, nCino “can provide us with back-end processing capabilities that will allow our employees to conduct their business with greater speed and visibility.”
Paul Clarkson, senior vice president of community and regional financial institutions at nCino, added: “CNB is not just rolling out new technology by utilizing nCino, they’re implementing a modern way of doing business.”
“We’re glad CNB chose to partner with nCino and look forward to working together closely to ensure the nCino Bank Operating System is a catalyst for enhancing CNB’s operational efficiency and customer-centric procedures and delivery channels.”
nCino demonstrated its Bank Operating System at FinovateEurope 2017. Founded in 2012 and headquartered in Wilmington, North Carolina, the company has raised more than $213 million in funding.