Financial technology and cloud-based banking company nCino announced nCino IQ to expand its Bank Operating System in a press release Thursday.
nIQ uses artificial intelligence to help clients increase efficiency and use analytics to enhance customer experience. The AI system incorporates data recognition, insights and digital assistance into its system.
Financial institutions will be able to use banking automation and cut labor costs through nIQ’s ability to monitor risk, measure performance and easily extract data.
The company recently acquired FinSuite, based in Australia, to add data the ability to interpret financial statements in any language and format to nIQ.
“With nIQ supercharging their operations, financial institutions can achieve a competitive advantage that allows them to increase savings and, most importantly, make more informed decisions to more effectively and efficiently serve their customers,” said Trisha Price, chief product officer at nCino.
This story is from the N.C. Business News Wire, a service of UNC-Chapel Hill’s Hussman School of Journalism and Media.
White, Olson-Boseman Talk Hospital, Unlikely Partnership At Power Breakfast
Cece Nunn
-
Dec 12, 2019
|
|
Local United Way CEO Retires
Cece Nunn
-
Dec 11, 2019
|
|
With New Record, ILM Eyes 1M Passengers For 2019
Christina Haley O'Neal
-
Dec 11, 2019
|
|
In RiverLights, Firm Buys Land For 250 Apartments
Cece Nunn
-
Dec 12, 2019
|
|
Midtown Center Welcomes New Tenants, Revamped Store
Cece Nunn
-
Dec 13, 2019
|
The next six months will be busy ones for First Carolina Bank, as the Rocky Mount-based financial institution prepares to open a full-servic...
Even though New Hanover Regional Medical Center’s future ownership status remains up in the air, the health system has not pulled back on it...
While recent projects mark major milestones for the Cape Fear Public Transportation Authority, which does business as Wave Transit, the agen...
The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.