nCino (NASDAQ:NCNO), a U.S.-based Fintech that offers a cloud banking platform built on the Salesforce platform, announced on Tuesday Fifth Third Bank, National Association, has selected the nCino Bank Operating System as a foundational technology platform to help the Bank accelerate its digital transformation. The collaboration will notably streamline Fifth Third Bank’s commercial banking business and provide greater transparency, efficiency, and convenience to its employees and clients.
While sharing more details about the partnership, Kevin Lavender, Executive Vice President and Head of Commercial Banking at Fifth Third, stated that the nCino Bank Operating System will offer the bank’s employees platform to serve clients through “unique, value-added, and digitally-driven product and services. He then shared:
“In today’s world, speed, convenience and digital capabilities are paramount, and nCino was the clear provider for our commercial banking business. We believe this relationship will enable us to achieve a world-class infrastructure by combining personalized touchpoints and experiences with the most innovative technology.”
Pierre Naudé, CEO at nCino added:
“As business clients seek to engage with their financial institutions in new ways, it’s more important than ever to provide personalized service and to be able to do so from anywhere, at any time and on any device. By embracing the nCino platform, Fifth Third has the tools necessary to provide a seamless integration of touch and technology and achieve their mission of wholesale excellence. We are excited to be on this journey with them.”
Founded in 2012, nCino claims to be a worldwide leader in cloud banking. The company stated that nCino Bank Operating System empowers financial institutions with scalable technology to help them achieve revenue growth, greater efficiency, cost savings and regulatory compliance