Nymbus introduces next-generation digital platform for internet and mobile banking
JACKSONVILLE, FL (September 28, 2017) — NYMBUS, the core banking modernization company, today introduced NYMBUS SmartDigital, a digital-first banking platform that extends a customer-centric banking experience directly to end-user customers through online and mobile channels. The platform allows financial institutions of any size to more fully engage with their digital-minded customers, letting them offer their full range of services and products across all devices and touchpoints with a modern design and user experience.
Digital technologies have disrupted the customer relationship with financial institutions. Today’s radically different customer demands and expectations threaten to reduce financial institutions to low-margin utilities, further distancing them from owning the customer relationship. To avoid becoming a back-end utility, financial institutions are beginning to adapt to the new reality by modernizing their technology, processes and thinking.
NYMBUS SmartDigital is a flexible, consumer and business-centric digital banking platform built with an open architecture and flexible APIs. This allows financial institutions to easily integrate with third-party apps, and serve their current and future customers with banking technology that is simple, efficient and easily accessible at any time, through any device. SmartDigital ultimately allows financial institutions the ability to compete against non-traditional financial institutions, and provide the user experience consumers expect and currently enjoy from the likes of Facebook, Google, Apple, and others. The proven platform is currently running at over 37 global financial institutions with average assets of $8 billion, and used by over 10 million end users daily.
“The scale of digital disruption is unprecedented and digitalization is no longer an option for the banking industry. It’s inevitable and a matter of survival,” said David Mitchell, president at NYMBUS. “With the addition of SmartDigital, financial institutions currently running obsolete technologies now have the ability to add a next-generation digital product suite. Then we will turn on the NYMBUS SmartCore platform when their contracts expire or we will just buy out their current contracts. We want all financial institutions that have been held hostage on their legacy technology to be able to upgrade and enhance their digital channel offerings now. NYMBUS will do everything we can to help these financial institutions survive and make their experience to change frictionless.”
NYMBUS SmartDigital, based on the BSC myGEMINI Omnichannel platform, will be sold under an exclusive license from BSC as a standalone product or as part of NYMBUS SmartCoreâ, its flagship core platform.This follows NYMBUS’ recent announcement of key management appointments, and previous news of the company securing a deal with Surety Bankand closing an additional $16 million funding round. For more information on NYMBUS, visitnymbus.com.
About Nymbus
Nymbus is a leading provider of financial technology solutions, and its platform is used by credit unions and banks of all sizes to innovate and grow. It has disrupted the financial services market as an alternative to legacy technology providers with a cloud-based and highly extensible technology stack. With Nymbus, any size financial institution can quickly launch a full-service digital brand or migrate to our award-winning core. Nymbus buys back decades of lost time to engage and support the entire digital customer journey. For more information about Nymbus, visit www.nymbus.com
About BSC
BSC, a financial technology company, operates across 17 countries in Europe and Asia. Approximately 10 million end users are currently on their digital banking applications across the company’s 37 customers who range from $500 million to $37 billion in assets.
