Tokushima Taisho Bank Selects nCino to Transform Its Commercial Banking Business to be More Digitally Powered
nCino, Inc. (NASDAQ: NCNO) announced that Tokushima Taisho Bank, a TOMONY Holdings, Inc. Group Company, has chosen nCino's Commercial Banking Solution to transform its business lending operations. The Japanese bank aims to increase operational efficiency and enhance value for corporate customers and employees by implementing the nCino Platform.
The adoption of nCino's solution will allow Tokushima Taisho to digitally unify its online processes, significantly improving customer experiences and creating efficiencies in the end-to-end lending process. This implementation is expected to reduce manual tasks and enable employees to focus more on nurturing client relationships.
Itsuki Nomura, Representative Director and Country Manager of Japan at nCino, expressed honor in partnering with Tokushima Taisho, highlighting how the Commercial Banking Solution can help the bank redefine its customer and employee engagement strategies and achieve sustainable growth in the current banking landscape.
nCino, Inc. (NASDAQ: NCNO) ha annunciato che la Tokushima Taisho Bank, una società del gruppo TOMONY Holdings, Inc., ha scelto la Soluzione per il Banking Commerciale di nCino per trasformare le proprie operazioni di prestito commerciale. La banca giapponese mira a incrementare l'efficienza operativa e creare maggiore valore per i clienti aziendali e i dipendenti implementando la Piattaforma nCino.
L'adozione della soluzione di nCino consentirà a Tokushima Taisho di unificare digitalmente i propri processi online, migliorando notevolmente l'esperienza dei clienti e creando efficienze nel processo di prestito end-to-end. Ci si aspetta che questa implementazione riduca i compiti manuali e consenta ai dipendenti di concentrarsi maggiormente sulla cura delle relazioni con i clienti.
Itsuki Nomura, Direttore Rappresentativo e Country Manager per il Giappone presso nCino, ha espresso il suo onore per la collaborazione con Tokushima Taisho, sottolineando come la Soluzione per il Banking Commerciale possa aiutare la banca a ridefinire le proprie strategie di coinvolgimento dei clienti e dei dipendenti e raggiungere una crescita sostenibile nell'attuale panorama bancario.
nCino, Inc. (NASDAQ: NCNO) anunció que el Banco Tokushima Taisho, una empresa del grupo TOMONY Holdings, Inc., ha elegido la Solución de Banca Comercial de nCino para transformar sus operaciones de préstamos comerciales. El banco japonés tiene como objetivo incrementar la eficiencia operativa y mejorar el valor para los clientes corporativos y empleados mediante la implementación de la Plataforma nCino.
La adopción de la solución de nCino permitirá al Tokushima Taisho unificar digitalmente sus procesos en línea, mejorando significativamente la experiencia del cliente y creando eficiencias en el proceso de préstamo integral. Se espera que esta implementación reduzca las tareas manuales y permita a los empleados enfocarse más en cultivar relaciones con los clientes.
Itsuki Nomura, Director Representante y Country Manager de Japón en nCino, expresó su honor por asociarse con Tokushima Taisho, destacando cómo la Solución de Banca Comercial puede ayudar al banco a redefinir sus estrategias de compromiso con clientes y empleados y lograr un crecimiento sostenible en el actual panorama bancario.
nCino, Inc. (NASDAQ: NCNO)는 TOMONY Holdings, Inc.의 그룹 회사인 도쿠시마 대쇼 은행이 상업 대출 작업을 혁신하기 위해 nCino의 상업 은행 솔루션을 선택했다고 발표했습니다. 이 일본 은행은 nCino 플랫폼을 구현하여 운영 효율성을 높이고 고객과 직원에게 가치를 증대시키고자 합니다.
nCino의 솔루션을 채택함으로써 도쿠시마 대쇼는 온라인 프로세스를 디지털 통합하여 고객 경험을 크게 개선하고 대출 과정 전반에 걸쳐 효율성을 창출할 수 있습니다. 이 구현은 수작업 작업을 줄이고 직원들이 고객 관계를 더 잘 관리하도록 도울 것으로 기대됩니다.
Itsuki Nomura, nCino의 일본 대표 이사이자 국가 매니저는 도쿠시마 대쇼와의 파트너십을 영광으로 여기며, 상업 은행 솔루션이 은행이 고객 및 직원 참여 전략을 재정의하고 현재의 은행 환경에서 지속 가능한 성장을 이루는 데 도움이 될 수 있음을 강조했습니다.
nCino, Inc. (NASDAQ: NCNO) a annoncé que la Banque Tokushima Taisho, une société du groupe TOMONY Holdings, Inc., a choisi la Solution de Banque Commerciale de nCino pour transformer ses opérations de prêt commercial. La banque japonaise vise à augmenter son efficacité opérationnelle et à accroître la valeur pour ses clients entreprises et ses employés grâce à l'implémentation de la Plateforme nCino.
L'adoption de la solution de nCino permettra à Tokushima Taisho de unifier numériquement ses processus en ligne, améliorant de manière significative l'expérience client et créant des efficacités dans le processus de prêt de bout en bout. Cette mise en œuvre devrait réduire les tâches manuelles et permettre aux employés de se concentrer davantage sur l'entretien des relations avec les clients.
Itsuki Nomura, Directeur Représentant et Responsable Pays pour le Japon chez nCino, a exprimé son honneur de s'associer à Tokushima Taisho, soulignant comment la Solution de Banque Commerciale peut aider la banque à redéfinir ses stratégies d'engagement client et employé et à atteindre une croissance durable dans le paysage bancaire actuel.
nCino, Inc. (NASDAQ: NCNO) gab bekannt, dass die Tokushima Taisho Bank, ein Unternehmen der TOMONY Holdings, Inc.-Gruppe, die Commercial Banking Solution von nCino gewählt hat, um ihre Geschäftsleistungsoperationen zu transformieren. Die japanische Bank strebt an, die Betriebliche Effizienz zu steigern und Wert für Unternehmensklienten und Mitarbeiter zu verbessern durch die Implementierung der nCino-Plattform.
Die Einführung der nCino-Lösung ermöglicht es der Tokushima Taisho Bank, die Online-Prozesse digital zu vereinen, was die Kundenexperience erheblich verbessert und Effizienzen im gesamten Kreditvergabeprozess schafft. Diese Implementierung wird voraussichtlich manuelle Aufgaben reduzieren und es den Mitarbeitern ermöglichen, sich stärker auf die Pflege von Kundenbeziehungen zu konzentrieren.
Itsuki Nomura, der geschäftsführende Direktor und Country Manager von nCino in Japan, äußerte sich geehrt über die Partnerschaft mit Tokushima Taisho und betonte, wie die Commercial Banking Solution der Bank helfen kann, die Strategien zur Einbindung von Kunden und Mitarbeitern neu zu definieren und ein nachhaltiges Wachstum im aktuellen Bankenumfeld zu erreichen.
- nCino secured a new client in Japan, expanding its international presence
- The partnership aims to enhance operational efficiency and customer value for Tokushima Taisho Bank
- Implementation of nCino's platform is expected to reduce manual tasks and improve employee productivity
- None.
Insights
Tokushima Taisho Bank's selection of nCino's Commercial Banking Solution marks a significant step towards digital transformation in the Japanese banking sector. This move aligns with the global trend of banks adopting cloud-based, AI-powered platforms to streamline operations and enhance customer experiences.
The implementation of nCino's platform is expected to bring several benefits to Tokushima Taisho Bank:
- Increased operational efficiency through the digitization and unification of lending processes
- Enhanced customer experience for corporate clients
- Reduced manual tasks, allowing employees to focus more on relationship-building
- Potential for improved risk management and faster loan processing times
For nCino, this deal represents an expansion in the Japanese market, which could lead to further growth opportunities in the region. However, the actual financial impact on nCino's revenue remains unclear without specific contract details.
While positive for nCino's market position, investors should consider that the adoption of new banking technology in Japan has historically been slower compared to other developed markets. The success of this implementation could serve as a case study for other Japanese banks, potentially opening up a significant market for nCino in the future.
Japanese bank to increase operational efficiency and enhance value for corporate customers and employees with the nCino Platform
WILMINGTON, N.C., Oct. 08, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that Tokushima Taisho Bank, a TOMONY Holdings, Inc. Group Company, has selected nCino’s Commercial Banking Solution to transform business lending on a single platform, adding efficiency and increased value to all customer and employee interactions.
Recognizing the evolving demands of its corporate clients, Tokushima Taisho will implement the nCino Platform to digitally unify its online processes, significantly enhancing customer experiences and creating overall efficiencies in the end-to-end lending process. By leveraging nCino, the Bank will not only reduce manual tasks but also empower employees to dedicate more time to nurturing valuable client relationships.
Itsuki Nomura, Representative Director and Country Manager of Japan at nCino, reflected on the partnership, “We are honored to partner with Tokushima Taisho in its journey to enhance the value it brings to both its corporate clients and its employees. With our Commercial Banking Solution, the Bank can redefine its customer and employee engagement strategies and achieve sustainable growth in today’s dynamic banking landscape.”
About nCino
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. Through its single software-as-a-service (SaaS) platform, nCino helps financial institutions serving corporate and commercial, small business, consumer, and mortgage customers modernize and more effectively onboard clients, make loans, manage the loan lifecycle, and open accounts. Transforming how financial institutions operate through innovation, reputation and speed, nCino is partnered with more than 1,800 financial services providers globally. For more information, visit www.ncino.com.
About Tokushima Taisho Bank
Tokushima Taisho Bank was established in 2020 as a result of the merger of Tokushima Bank, headquartered in Tokushima City, Tokushima Prefecture, and Taisho Bank, headquartered in Osaka City, Osaka Prefecture. Its business bases are mainly located in the Shikoku and Kansai regions centering on Tokushima Prefecture, as well as Tokyo. As a member of TOMONY Holdings, Inc., Tokushima Taisho Bank, together with Kagawa Bank, aims to become a financial institution that grows with local customers by providing a wide range of financial services.
In alignment with the Second Management Plan, its digital strategy emphasizes on two core policies: (1) Reforming value to customers (enhancing customer service) and (2) Reforming business processes (improving internal productivity and business quality). While adhering to the “things that should be protected,” they are taking on the challenge of changing and reforming the “things that should be changed.” For more information, please visit https://www.tokugin.co.jp.
Media Contacts
Natalia Moose
press@ncino.com
Safe Harbor Statement
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC's web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.
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