Narmi

Narmi

Financial Services

New York, NY 6,735 followers

Be Where Banking Is Going

About us

Narmi offers state of the art digital banking and digital account opening platforms to financial institutions. The platform – built for the enterprise – allows financial institutions to open accounts in less than 2.5 minutes, and then grow that relationship over a lifetime through intuitive mobile and online channels. Every single product at Narmi integrates with leading core banking systems. Financial institutions using Narmi have experienced: - 20% increase in NPS - 55% increase in new account applications from non-account holders - 50% decrease in support volume - 63% improvement in support response time - 137% increase in app store rating - 65% Reduction in time from application start to application submission Narmi’s founding team previously served as leaders of a financial institution and quickly became frustrated by digital technology available to them. Today, Narmi is almost entirely headquartered in New York City and is focused on building lasting digital experiences for financial institutions.

Website
https://www.narmi.com/
Industry
Financial Services
Company size
51-200 employees
Headquarters
New York, NY
Type
Privately Held
Founded
2016

Locations

Employees at Narmi

Updates

  • View organization page for Narmi, graphic

    6,735 followers

    “One of the largest strategic initiatives is to create an Amazon-like digital member experience,” said Kevin Scott, CEO of Las Colinas Federal Credit Union. “We absolutely know that the competitive landscape is not just the financial industry. Our competition is more like: how easy is it to order a Starbucks coffee? How easy is it to go to McDonald’s and order with a few simple clicks?" Watch our recent webinar featuring Kevin and Narmi co-founder Nikhil Lakhanpal on the conversations that led up to LCFCU's digital transformation, and the impressive results they've seen with Narmi's solutions: https://bit.ly/3Wiv6oI

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  • View organization page for Narmi, graphic

    6,735 followers

    Narmi is excited to be going back in San Diego for Corelation's CEO & CTO Forum in October! We're looking forward to continuing our conversations with members of the Corelation community from around the country.

    View organization page for Corelation, Inc., graphic

    6,688 followers

    Registration is now open for Corelation’s 2024 CEO & CTO Forum! We look forward to seeing you at the InterContinental San Diego on October 15-16, 2024 for two days of engaging sessions, collaborative discussions, and valuable network opportunities. Reach out to your Client Relationship Manager if you have any questions!

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  • View organization page for Narmi, graphic

    6,735 followers

    “Both Narmi and Corelation, Inc. are dedicated to providing credit unions with the tools they need to succeed in today’s competitive banking environment,” said Nikhil Lakhanpal, co-founder of Narmi. We're proud to be one of only five partners certified through Corelation's highly selective certification process. Narmi has also has been named a strategic partner, working alongside Corelation in pursuit of their mission to enable credit unions as they embark on their digital transformation journey. Read the full press release: https://bit.ly/3Sl582T

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  • View organization page for Narmi, graphic

    6,735 followers

    “Narmi is thrilled to be one of the first digital banking providers to be certified with the FedNow Service,” said Chris Griffin, Co-Founder of Narmi. “Digital banking providers like Narmi have an outsized role to play when it comes to instant payments, and we are excited to offer an integrated instant payments experience for both end-users and financial institutions.” Read the full press release: https://bit.ly/3zMsmZc

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  • Narmi reposted this

    View profile for Nikhil Lakhanpal, graphic

    Co-Founder at Narmi

    Less than one year ago, $12.1bn Berkshire Bank launched the Narmi Digital Banking Platform across its ~110,000 consumers and ~10,000 businesses. This implementation involved a range of third-parties including FIS IBS, MX, Ensenta, FIS eStatements, FIS ImageCentre, Paymentus, Salesforce, MuleSoft and many others. Narmi’s one platform approach to account opening and digital banking give Berkshire Bank the unique capability to drive core deposit growth via its new Berkshire One product suite. Recently, we upgraded Berkshire’s account opening platform with additional functionality in fraud tools like Alloy’s Journeys product, NeuroID and Vouched. Berkshire customers benefit from one of the most seamless banking experiences in the country coupled with the service of a community financial institution. It's incredibly exciting to see banks like Berkshire leverage the Narmi Platform post launch to do great things! Congratulations to Nitin Mhatre, Sean Gray, Sumant Pustake, Sara Pultman, Raakesh Desai and everyone else on the Berkshire team! https://lnkd.in/eVQ5Rnc5

    Berkshire Bank Leverages Narmi to Extend Its Digital Solutions Through Berkshire One | Banking Dive

    Berkshire Bank Leverages Narmi to Extend Its Digital Solutions Through Berkshire One | Banking Dive

    bankingdive.com

  • View organization page for Narmi, graphic

    6,735 followers

    We're excited for tomorrow's conversation with Kevin Scott of Las Colinas Federal Credit Union! Kevin will be speaking with Narmi about how a powerful integration with KeyStone completely transformed their growth prospects in a matter of three months. You'll also learn: ◾ How to communicate the advantages of digital transformation across your org ◾ Examples of tech implementation best practices ◾ Why working with a fintech partner goes beyond the vendor relationship We hope to see you there! https://bit.ly/3W4PVUG

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  • View organization page for Narmi, graphic

    6,735 followers

    As a Corelation Certified Partner, Narmi has wide-ranging experience working with KeyStone to enhance the offerings of credit unions around the country: https://bit.ly/4cRzfXs This Wednesday, be discussing one of our most recent customer success stories with Kevin Scott, CEO of Irving, Texas-based Las Colinas Federal Credit Union, on how they quickly transformed their growth trajectory with a simple -- but powerful -- KeyBridge API integration. We hope you can join us! Webinar: Accelerating Digital Banking - Las Colinas FCU's 3-Month Transformation When: July 17th (1:00 PM ET/10:00AM PT)

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  • View organization page for Narmi, graphic

    6,735 followers

    "It takes just 1.3 seconds for Gen Z consumers to skip past an ad that does not intrigue them or align with their interests:" https://bit.ly/4eZTzb2 "Meanwhile, 64% of Gen Z values personalized banking experiences with product and service recommendations relevant to their unique banking needs. Considering these two trends at once, banks and credit unions have less than two seconds of every digital interaction to serve financial products and services that resonate with young consumers and address their banking needs." In our latest blog, read on where community financial institutions stand in the growing attention economy, and the importance of data personalization in cutting through. Read more at the link above.

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  • Narmi reposted this

    View profile for Nikhil Lakhanpal, graphic

    Co-Founder at Narmi

    A few weeks ago, Narmi held its annual Company Onsite. We gathered ~130 employees in our NYC headquarters and united as one team to accomplish one mission – help community financial institutions win. Our unequivocal goal is to be the most trusted, strategic and mission-critical technology partner of every community financial institution in the United States. 🎆 The #1 takeaway from our onsite was focus. There is no shortage of opportunity or shiny objects when it comes to banking technology and the reality is most banking technology is in desperate need of innovation. We believe our integration advantages of account opening and digital banking provide exponential benefits to financial institutions. Our goal is to double down on these solutions and continue to focus on a competitive and differentiated offering that will help financial institutions fulfill their growth goals. Thank you to our amazing guest speakers David Mitchell from Liberty Bank - CT and Siya Vansia from ConnectOne Bank for speaking to us on just how important digital banking technology is to institutions like yours. Thank you also to NYU Professor Jay Van Bavel, PhD for discussing how our teams can work better together. And a huge shoutout to our amazing People Operations team for putting on such a great show for our employee base. I’m already counting down the days until June 2025! 🎉

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