Specialist provider of banking technology solutions, Nymbus, has confirmed a partnership with Plaid, a data network powering the digital financial ecosystem.
As part of the link, authentication and customer funds will be given accelerated efficiency for financial institutions.
“As more consumers than ever before rely on digital finances for their everyday lives, financial institutions need to meet their customers where they are while supporting safe and reliable money management experiences,” said Sarah Howell, Chief Alliance Officer at Nymbus. “Our expanding network of partners are important contributors to Nymbus’ combined portfolio of the technology, people and process available to quickly innovate with new routes to market and revenue streams.”
Furthermore, with this integration, Nymbus bank and credit union clients can securely onboard new users in a matter of seconds, which translates to more active and engaged banking experiences.
It comes as Plaid’s data network enables consumers to connect their financial accounts at over 11,000 institutions globally to more than 5,000 digital finance apps, including payments, investing and budgeting tools.