- Indiana-based New Washington State Financial institution (NWSB) has chosen Apiture’s Digital Banking Platform to energy its on-line and cell banking options.
- The group financial institution may also deploy Apiture’s Account Opening and Information Intelligence options to onboard clients sooner and to supply tailor-made campaigns.
- Apiture made its Finovate debut at FinovateFall 2022. The corporate is headquartered in Wilmington, North Carolina.
New Washington State Financial institution (NWSB), a group monetary establishment serving Southern Indiana for 116 years, has partnered with Apiture to energy its on-line and cell banking choices. The financial institution will deploy Apiture’s Digital Banking Platform, and implement the fintech’s Shopper Banking, Enterprise Banking, Account Opening, and Information Intelligence options.
“With integrations to greater than 200 best-of-breed fintech companions and an API-first strategy that allows fast innovation, the Apiture Digital Banking Platform will empower NWSB to supply the unified, intuitive banking expertise as we speak’s technologically savvy clients anticipate,” Apiture CEO Chris Babcock mentioned.
The partnership follows the financial institution’s resolution emigrate from a multi-vendor technique to a single platform for each its on-line and cell banking operations. NWSB Chief Technique Officer Chris Bottorff mentioned that offering a “cohesive and constant digital expertise” is a precedence for the establishment because it seeks “to enhance the monetary lives of these dwelling and dealing within the communities we serve.” Bottorff praised Apiture as a accomplice that can assist the Indiana-based financial institution higher have interaction its current clients in addition to entice new ones.
So far, NWSB underscored its readiness to reap the benefits of two of Apiture’s options specifically: Account Opening and Information Intelligence. The previous permits clients to open and fund accounts in minutes. The latter offers instruments to construct customized campaigns to raised have interaction each people and companies.
Headquartered in Wilmington, North Carolina, Apiture made its Finovate debut at FinovateFall 2022 and returned the next yr to demo at FinovateFall 2023. On the convention, Apiture confirmed how its AI-based answer, Sensei, offers a real-time evaluation of a person’s funds. The expertise analyzes a wide range of information sources, together with account balances and transaction histories, to supply proactive insights into the methods the person can enhance their monetary wellness.
Apiture’s partnership information with NWSB comes only a few weeks after the fintech reported that Edwards Federal Credit score Union (Edwards FCU) of California had chosen its Shopper Banking answer. Like NWSB, Edwards FCU may also deploy Apiture’s Information Intelligence answer as a part of its information technique. Apiture started 2024 by teaming up with Redwood Capital Financial institution, which selected Apiture’s Digital Banking Platform to energy its on-line and cell banking operations.
Apiture has raised $69 million in funding. The corporate consists of T. Rowe Worth and Stay Oak Financial institution amongst its buyers.
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