nCino, Inc. (NASDAQ: NCNO), the provider of intelligent, best-in-class banking solutions, announced that Zions Bancorporation has selected nCino as its technology platform as they “digitally transform their loan origination process.”
Zions Bancorporation is a collection of “locally led and community-focused banks serving businesses, households and local governments in some of the best growth markets in the nation.”
Zions’ focus is on helping build communities, “creating economic opportunity and helping clients achieve financial strength through the relationships they develop and services they provide.”
Zions is advancing its digital journey with nCino, which is “expected to deliver improved experiences for its customers across commercial and small business powered by nCino tools such as Banking Advisor, Commercial Pricing, and Profitability and Analysis.”
The bank has reportedly demonstrated a long-term commitment “to its digital transformation, having recently replaced its core loan and deposit systems and upgraded the majority of its front-end digital customer-facing applications.”
Scott McLean, President and Chief Operating Officer at Zions Bancorporation said:
“Working with nCino, we are focused on enhancing our lending end-to-end process, which improves the speed and flexibility with which we respond to customers. What most customers really want is an answer as quickly as possible tailored to their specific situation. Utilizing nCino’s extensive capabilities is an important component to create value for our customers.”
Paul Clarkson, Executive Vice President of Global Revenue at nCino.
“We’re proud to work closely with Zions as it builds upon its national reputation for relationship banking and continues transformational change by tailoring its products and solutions for the future needs of its customers. Through this initiative, we are committed to supporting Zions Bancorporation in advancing its business and promoting sustained leadership and innovation in the banking industry.”
As noted in the update, nCino is “powering a new era in financial services.”
The company was founded to help financial institutions “digitize and reengineer business processes to boost efficiencies and create better banking experiences.”
With over 2,700 customers— including community banks, credit unions, independent mortgage banks, and financial entities globally — nCino offers a platform of “intelligent solutions.”
By integrating artificial intelligence and actionable insights into its platform, nCino is helping financial institutions “consolidate legacy systems to enhance decision-making, improve risk management, and elevate customer satisfaction by cohesively bringing together people, AI and data.”
As mentioned in the announcement, Zions Bancorporation, N.A.is one of the nation’s financial services companies “with approximately $89 billion of total assets at December 31, 2024, and annual net revenue of $3.1 billion in 2024.”
Zions reportedly operates under local management teams and “distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.”