Indiana-based New Washington State Financial institution (NWSB) has chosen Apiture’s Digital Banking Platform to energy its on-line and cellular banking options.
The neighborhood financial institution may even deploy Apiture’s Account Opening and Knowledge Intelligence options to onboard prospects quicker 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 neighborhood monetary establishment serving Southern Indiana for 116 years, has partnered with Apiture to energy its on-line and cellular banking choices. The financial institution will deploy Apiture’s Digital Banking Platform, and implement the fintech’s Client Banking, Enterprise Banking, Account Opening, and Knowledge Intelligence options.
“With integrations to greater than 200 best-of-breed fintech companions and an API-first method that permits fast innovation, the Apiture Digital Banking Platform will empower NWSB to offer the unified, intuitive banking expertise at present’s technologically savvy prospects anticipate,” Apiture CEO Chris Babcock mentioned.
The partnership follows the financial institution’s determination emigrate from a multi-vendor technique to a single platform for each its on-line and cellular 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 residing and dealing within the communities we serve.” Bottorff praised Apiture as a associate that may assist the Indiana-based financial institution higher interact its current prospects in addition to entice new ones.
So far, NWSB underscored its readiness to make the most of two of Apiture’s options particularly: Account Opening and Knowledge Intelligence. The previous allows prospects to open and fund accounts in minutes. The latter offers instruments to construct personalised campaigns to raised interact 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 resolution, Sensei, offers a real-time evaluation of a person’s funds. The know-how analyzes a wide range of knowledge sources, together with account balances and transaction histories, to offer 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 Client Banking resolution. Like NWSB, Edwards FCU may even deploy Apiture’s Knowledge Intelligence resolution as a part of its knowledge 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 cellular banking operations.
Apiture has raised $69 million in funding. The corporate contains T. Rowe Value and Stay Oak Financial institution amongst its buyers.
Photograph by Corbin Mathias on Unsplash
