Nymbus’ Post

Nymbus is just a uniquely different place to work for so many reasons - we're creating next generation products, services, and solutions that we believe bring something truly different to the market. We've got a team of innovators, craftsman, and ideators who are passionate about what we do, and I have the opportunity to work with a team who just thinks differently in the #banking space about how we do all things - including more traditional functions like #compliance, #riskmanagement, #fraud, and #information security. Third party relationships are increasingly more complex in a digitally native space and a topic of (much) discussion here on #linkedin, but our team believes our approach to risk and compliance programs and partnership at Nymbus creates a differentiated approach to pursuing mutual safety and soundness objectives and sustainable solutions. But what also makes me a believer in the growth of this organization and what we're doing are the clients we're lucky to work with. The MSU Federal Credit Union, AlumniFi, and Collegiate Credit Union teams share our passion for innovating in new ways (check out the Reseda Group) and in their partnership with what they've brought to market for their members with Nymbus. Our partnership is one where we're both constantly learning from each other and creating the next phase of member-focused banking together. Thankful to get to work with such an inspiring crew, including April Clobes Benjamin Maxim Ami Iceman Haueter Jim Hunsanger Matthew Malburg, CPA. Check out their story below. ⏬ #banking #fintech #finserv #financialtechnology #partnership #modernbanking #NewStartsNow

📏 How is your tech support measuring up?! 📏 At NFM Lending, our technology goals are simple: 📈 Increase Productivity 💰 Grow Loan Origination Sales 🚚 Deliver Superior Customer Service to Borrowers 🤝 Expand Value to Referral Partners 🔐 Remain Secure and in Compliance 🤑 Increase Profitability In today's fast-paced digital landscape, exceptional tech tools & support are essential. Let us show you how our Branches are leading in technology! 📷 Here’s a quick snapshot of one huge tool we’ve built to keep our LOs ahead of the game. Simple and effective! #elevatedtech #techupgrades #fulltechdemos #loanofficers #branchmanagers #levelup #allofus #soundon 🔊

"What motivates us most at Froda is when our customers succeed." Those are the words of Oliver Mohseni Skoglund, co-founder of Froda. Froda is a pioneering and disruptive company that provides transparent, flexible loans to small businesses. In this short clip, he talks about how a "tiny" investment had a significant impact for a small company, tripling sales and fueling growth. You can watch the full Spotlight now. Topics covered include challenging the dominance of the big banks, the need for transparency, AI, the crucial role of Open Banking, and more. Don’t miss it! Link in the comments 👇 #Froda #EnableBanking #OpenBanking #OpenFinance #SMB #SME #SMBFinancing

Seize the moment! If your business lending metrics are deteriorating, it's time to let us step in and help. When it comes to navigating lending business challenges, the Ensemblex team is here to turn "should have" moments into success stories. Ready to do this? Reach out. #Ensemblex #BusinessResilience #Partnership

Insightful event! Great to know about the technological advancement in the payments, lending and investment business. Dynamic entrepreneurs with innovative ideas all gathered together for this event. #gff2023 #npci #finance #paymentsolutions

We're thrilled to share our report, "Understanding the Twenty-First Century Small Business," a joint effort with Nymbus and Filene Research Institute featuring insights from Lana Swartz at the University of Virginia. This study explores the financial lives of business owners across various industries, including medical, legal, real estate and tech. The report sheds light on their challenges and strategies, offering banks and credit unions insights to better serve small businesses. With less than 1 in 10 SMBs banking with credit unions, there's significant room for growth. Unlock actionable insights now. https://lnkd.in/gbDrAYya #finserv #creditunions #smbbanking #fintech #research #businessbanking

This is the reason why 99% of people who win lotteries become broke. If we gave N20m to someone whose mindset is stuck at N1m, it’s only a question of time, before he reduces the N20m to N1m. Knowledge is how wealth is built and sustained. My word for this Friday is BuILD capacity for the things you’re hoping for. #Finance #Moneymanagement

In an era where competition is fierce, and product differentiation is subtle, the secret ingredient for business success is a deep, nuanced understanding of your customers (UYC). It's like the more astute, inquisitive sibling of the traditional "Know Your Customer" (KYC). UYC isn't just about shaking hands with your small business clients; it's about walking a mile in their shoes and understanding what's behind their daily challenges and triumphs. UYC is evolving from simply being a face in the crowd to becoming a trusted advisor. It's about leveraging insights to provide financial solutions as diverse and dynamic as small businesses themselves. This approach helps banks and credit unions fulfill transactions and foster relationships, turning every financial interaction into an opportunity for growth and partnership. For the finance sector, embracing UYC means not just attracting small business customers—it's about becoming an integral part of their success stories, too. #UYC #partnership #fintech #finserv #personalfinance #smbs

In the U.S., where 18% of small businesses are minority-owned and 20% are women-owned, many struggle to secure fair loans despite meeting requirements.  Fair and accessible lending ensures equal opportunities without discrimination. The CFPB emphasizes the need for comprehensive data to address disparities effectively. To learn more about 'Fair and Accessible Credit', download the white paper commissioned by Uplinq Financial Technologies. https://lnkd.in/g_SJGrvK #smallbusiness #smallbusinesslending #fairlending #financialequality #financialinclusion https://lnkd.in/g_SJGrvK

With their roots firmly set in the communities they serve, building societies and credit unions share plenty of similarities—and challenges. Here’s how digital experiences can make all the difference for both institutions: https://bit.ly/46yW7XZ #buildingsocieties #creditunions