Deploying nCino’s Accelerated Delivery Model at Platinum Bank
Before implementing nCino, Platinum Bank was using majority paper-based processes that required manual tasks.
The Bank implemented nCino to automate their loan approval process, improve efficiency and transparency, and grow their business loan portfolio.
With nCino, Platinum achieved their pre-implementation goals, including a 7% core loan growth through their implementation and post go-live.
Like many of their competitors, the Bank was looking for a cloud-based solution that would help it gain efficiency, increase transparency and offer its employees and clients a seamless digital experience.
Platinum Bank went live on the nCino platform in just under six months, partnering with nCino on an accelerated delivery for incredibly fast implementation, despite additional challenges caused by the COVID-19 pandemic.
With new efficiencies and automations to transform commercial lending, the Bank is now able to spend more time in business development and serving existing clients, all while delivering faster credit decisions. Powered by nCino, Platinum Bank can also grow its business loan portfolio more effectively and competitively by identifying bottlenecks in its sales processes.
Since going live on nCino’s Platinum Bank has completely automated and digitized its loan approval process, resulting in increased transparency and visibility throughout all processes. In addition, the Bank saw a 7% core loan growth through its nCino implementation and post go-live, an incredible rate.
Learn more about Platinum Bank’s accelerated journey to digitize processes and automate the loan approval process while also experiencing core loan growth in this customer story.
In Australia’s ever-evolving financial landscape, customer-owned banks are embracing technology to redefine their business operations and enhance customer experiences. Summerland Bank and P&N Group are two banks leading this charge, partnering with nCino to drive digital transformation, streamline operations, and enhance customer service.
After 20 years in business, Tradition Capital Bank has taken the initiative to improve their technology stack, establishing a best-in-breed strategy. nCino Commercial Onboarding and Account Opening was selected as their first digital solution to bring an exceptional commercial account opening experience.
Community banks and credit unions play a huge role in the communities they serve. Unlike their larger counterparts, these institutions provide loans in the neighborhoods where their customers live and work, positively impacting local businesses and communities.
Founded in 1953 on the value of “People Helping People”, South Bay Credit Union serves the South Bay community of Los Angeles County. For over 65 years, the South Bay Credit Union mission has been to assist the members of its tight-knit, intensely loyal community in their financial lives, not to make a profit.
Of the four challenger banking licenses granted by Australian regulators in 2019, only one is still standing – and the Financial Times says it’s growing faster than any other financial institution in Asia-Pacific. At nSight 2023, Judo Bank COO, Lisa Frazier, shared what differentiates Judo Bank and how nCino has been a foundational part of its journey.
