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nCino to Participate in Upcoming Investor Events
Globenewswire· 2025-05-21 20:05
Company Overview - nCino, Inc. is a leading provider of intelligent banking solutions, focusing on helping financial institutions digitize and reengineer business processes to enhance efficiency and customer experience [2] - The company serves over 2,700 customers globally, including community banks, credit unions, independent mortgage banks, and major financial entities [2] - nCino integrates artificial intelligence and actionable insights into its platform to improve risk management and customer satisfaction [2] Investor Conferences - nCino will participate in several upcoming investor conferences, including: - Baird's 2025 Global Consumer, Technology, & Services Conference on June 3 at 9:40 a.m. ET - BofA Securities 2025 Global Technology Conference on June 5 at 10:40 a.m. PT (1:40 p.m. ET) - Morgan Stanley US Financial Conference on June 10 at 4:00 p.m. ET [1] Access to Information - Live webcasts and replays of the presentations will be available on the company's investor relations website [1]
nCino Announces Preliminary First Quarter Fiscal Year 2026 Financial Results Exceed Top End of Guidance
Globenewswire· 2025-05-20 13:00
Core Insights - nCino, Inc. announced preliminary financial results for Q1 2025, exceeding the top end of previously disclosed guidance for Total Revenues, Subscription Revenues, and non-GAAP Operating Income [1] Financial Performance - The company will report its first quarter fiscal 2026 results on May 28, 2025, after market close [2] - The preliminary results mentioned are unaudited and subject to change [2] Investor Engagement - nCino is hosting its Investor Day on May 20, 2025, at 1:00 p.m. ET, which will be webcast live [3] - A replay of the event and related materials will be available on the company's Investor Relations website [3] Company Overview - nCino is a leading provider of intelligent banking solutions, helping financial institutions digitize and improve business processes [4] - The company serves over 2,700 customers globally, including community banks, credit unions, and large financial entities [4] - nCino integrates AI and actionable insights into its platform to enhance decision-making, risk management, and customer satisfaction [4]
Temenos launches Gen AI Copilot for banks to deliver better products faster
Globenewswire· 2025-05-20 06:30
Core Insights - Temenos launched the Product Manager Copilot at the Temenos Community Forum '25, aimed at enhancing banks' ability to innovate and optimize financial products using Generative AI [1][7] - The Product Manager Copilot integrates Microsoft Azure OpenAI Service, providing a conversational interface for product, IT, and customer service managers to utilize Temenos' core banking functionalities [2][5] Product Features - The Copilot is part of Temenos' advanced and enterprise product offerings, designed to help banks design, launch, and test retail products more efficiently [3][4] - It allows product managers to interact through familiar platforms like Microsoft Teams, facilitating quick access to business insights without complex queries [4][5] Market Context - A study indicated that 75% of banks are exploring Generative AI, with 36% already deploying it, highlighting a significant trend towards AI adoption in the banking sector [6] - The integration of Generative AI is seen as transformative for the banking industry, emphasizing the need for traditional banks to innovate rapidly to remain competitive against fintechs and neobanks [6][7] Collaboration and Future Availability - Temenos developed the Copilot in collaboration with clients like Banque Internationale à Luxembourg, ensuring a customer-focused approach to innovation [7][8] - General availability of the Product Manager Copilot is expected in Q4 2025, with financial institutions able to register for early access [8]
nCino to Host 2025 Investor Day
Globenewswire· 2025-05-06 20:35
Company Overview - nCino, Inc. is a leading provider of intelligent banking solutions, helping financial institutions digitize and reengineer business processes to enhance efficiency and customer experience [3] - The company serves over 2,700 customers globally, including community banks, credit unions, independent mortgage banks, and major financial entities [3] - nCino integrates artificial intelligence and actionable insights into its platform to improve risk management and customer satisfaction [3] Investor Day Announcement - nCino will host its Investor Day on May 20, 2025, in Charlotte, North Carolina, from 1:00 to 3:00 pm EST [1] - The event will be part of nSight, nCino's annual conference, taking place from May 19-21, 2025 [1] - Attendance to the Investor Day is by invitation only for institutional investors and analysts, and the event will be webcast live [1][2]
Down Nearly 40% in Just 2 Months, Is SoFi a Screaming Buy Right Now?
The Motley Fool· 2025-04-11 10:11
Core Viewpoint - SoFi has experienced a significant decline in stock price despite reporting its first full profitable year and strong business momentum, indicating potential overreaction in the market [2][10]. Company Performance - SoFi's stock price has decreased by 37% since its peak in January, even after a recent rebound [2]. - The company ended 2024 with 10.1 million members, a 34% increase from the end of 2023, and revenue grew by 26% [5]. - 2024 marked SoFi's first full year of positive net income, with adjusted EBITDA also growing by 26% [6]. Growth Catalysts - SoFi has announced two personal loan securitization agreements totaling approximately $1.2 billion and expanded its loan platform business through a $5 billion agreement with Blue Owl Capital [8]. - The Galileo technology platform launched a Deposit Sweep product, enhancing customer interest earnings [8]. - The loan platform presents significant revenue growth potential in a capital-light, low-risk manner, with opportunities for cross-selling products to existing customers [9]. Market Context - Despite negative economic news and increased uncertainty in the stock market, SoFi's actual business news has been positive [7]. - The stock is currently trading at its lowest price-to-book valuation in six months, despite the company's progress [10].
Unisys Partners with Thought Machine to Advance Branch Banking with Cutting-Edge Features
Prnewswire· 2025-04-02 13:00
The enhanced digital-first solution streamlines bank operations, boosts security and improves client satisfaction BLUE BELL, Pa., April 2, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) has announced a partnership with Thought Machine, the cloud-native banking technology company, to provide end-to-end core and branch banking solutions that accelerate any bank's technology-first strategies. This solution offers premium features to the banking industry, including trusted, robust transaction processing and the abilit ...