Narmi

“The trust their local bank or credit union has earned over the years applies to more than just account balances and payments; it applies to elevating their financial lives for decades ahead.” In this month’s newsletter, we discuss the opportunity for financial institutions to become a “one stop shop” for all things financial wellness. A quick overview of the stats: ▪️ 85% of U.S. consumers would prefer to manage all their banking activities in one app ▪️ 8 in 10 American consumers use digital apps and services to manage their money, and the average consumer uses 3-4 fintech apps ▪️ 88% of Gen Z and Millennial respondents are eager to expand their financial knowledge Read our latest newsletter at the link below.

“Narmi’s digital banking platform is built for flexibility, speed, and user empowerment,” said Martin Toha, CEO and Founder of Array. “This partnership highlights how quickly and easily financial institutions can embed essential capabilities that build consumer confidence by offering more value and separating them from their competition.” We're excited to debut the Narmi FinHealth Suite, created in partnership with Array. Designed to give banking users the ability to track essential financial wellness data within their banking experience, Narmi FinHealth includes features such as: ▪️ Credit Monitoring ▪️ Financial Planning ▪️ Privacy Management ▪️ Identity Protection ▪️ Subscription Management ▪️ Debt Navigator ▪️ Home Value and Equity Insights and more. Read the full press release: https://lnkd.in/g7CBqXTj

"Our philosophy centers on Practical AI. This approach is intentionally tailored toward focused, real-world use cases that help bank teams move faster, make more optimized decisions, and drastically reduce friction across daily workflows. "We are weaving AI directly into the functions that bankers and account holders engage with every single day." In the latest edition of Founders Corner, Narmi co-founder Nikhil Lakhanpal outlines exactly what we mean when we say "Practical AI"—and why this approach will be the blueprint for community financial institutions ready to see actual, sustainable results. Read his full breakdown on how informed, compliant AI tools are setting the stage for the future of banking: https://lnkd.in/gAUGsMF5

INTERVIEW - Nikhil Lakhanpal explains to Michiel Willems why governance, auditability and human oversight must be built into testing from the outset. "Don’t wait for AI to be perfect", warns the New York City-based co-founder of Narmi. https://lnkd.in/gw8kbvXC #AI #Governance #Narmi #QA #GenAI

Narmi Lend is officially live with Orion Financial! 🎉 This launch is a big step forward in bringing a modern, seamless lending experience to Orion's members, and I couldn't be more proud of what our teams have built together. A huge shoutout to Sinaed Kuntzman for her incredible partnership throughout this launch. Her collaboration, insight, and drive made all the difference in getting this across the finish line. Congrats to everyone involved! Excited for what's next! 🚀

“Narmi Lend allows us to make borrowing faster, simpler and more intuitive for our members,” said Sinaed Kuntzman, Senior Vice President, Member Experience at Orion Financial. “By creating a more connected digital experience, we’re removing unnecessary friction while giving our team the tools to serve members more efficiently at every stage of the lending process.” Read the full press release: https://lnkd.in/gFHicyYd

Credit interactions are happening every day — are your consumers actually engaging with them, or just scrolling past? 👇 Join SavvyMoney and Narmi for a webinar on how financial institutions are using Credit Score and InstantAccess to build deeper primacy and unlock smarter growth strategies, right within the digital banking experience. You'll learn how to: - Deliver personalized credit insights that keep consumers engaged in-app - Leverage powerful analytics to gain a competitive edge and inform growth decisions - Unlock exclusive InstantAccess features — like FICO Score for Offers and Allstate Identity Protection — that give consumers even more reasons to stick around 📅 August 27 at 1:00PM ET 🔗 https://lnkd.in/g_MfTdQE #DigitalBanking #CreditScore #FinancialWellness #FinTech #CommunityBanking #CreditUnions

Some encouraging information for institutions nervous about making a serious investment in AI: research shows it’s a clear driver of competitive expansion. Community banks actively gaining small-business market share are more likely to invest in AI for operational efficiency, and even more likely to digitize manual processes compared to institutions maintaining or losing ground. For more on the state of the back-office in an age of AI, read out latest newsletter: https://lnkd.in/gmAZRDXp