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nCino (NASDAQ: NCNO) announced that M&T Bank (NYSE: MTB) is expanding its use of nCino’s platform by integrating the Continuous Credit Monitoring Solution, powered by Rich Data Co’s AI platform.
This solution aims to enhance credit risk assessment and loan performance monitoring. Leveraging explainable AI, it offers transparency and comprehensive insights into cash flow, credit risk, and lending opportunities, allowing M&T to detect early warning signs and make data-driven decisions.
This initiative positions nCino as a leader in proactive credit risk management, bolstering M&T's operational efficiency and customer service.
nCino (NASDAQ: NCNO), a leader in cloud banking solutions for the financial services sector, is set to announce its financial results for the first quarter of fiscal year 2025 on May 29, 2024, post-market close. The announcement will be followed by a conference call and webcast at 4:30 p.m. ET, where nCino's executives will discuss the results in detail. A replay of the webcast will be accessible on nCino's Investor Relations website.
nCino, Inc. announced that Libro Credit Union has chosen nCino's Cloud Banking Platform to enhance operations and customer experience. The move will empower employees, improve efficiency, and drive positive impact in Ontario communities. Libro's transition to nCino's platform signifies a commitment to innovation and customer service.