Fintech: Southeast News

Fintech Southeast News curated each weekday for Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee




Posted October 21, 2020

WILMINGTON — nCino, the financial technology company focused on cloud banking that rcently went public, says Barclays, the largest bank in London and an international conglomerate with more than $1 trillion in assets, has adopted the nCino Bank Operating System to streamline various onboarding processes.

The nCino Bank Operating System enables financial institutions to onboard new clients efficiently by incorporating activities, including Know-Your-Customer (KYC), loan origination, and regulatory compliance in one platform.

“We are extremely proud to be working with Barclays. Innovation is driven by collaboration, and we’re excited to support Barclays with this agile, cloud-based approach to client onboarding,” nCino’s CEO Pierre Naude said in a release.

Naude added that banking clients want to do business in “more digitally minded,” a trend accelerated by the COVID-19 pandemic. As a result, “it’s more important than ever to provide personalized services and to be able to do so remotely – from anywhere, at any time and on any device,” Naude added.

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