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SAN ANTONIO--(BUSINESS WIRE)--Nov 5, 2024--
IBC Bank, one of the leading financial institutions in the US, is delighted to announce a strategic partnership with Finanta, a pioneer in financial technology solutions, aimed at revolutionizing its commercial loan originations, collateral management, portfolio management, and all lines of business in commercial lending operations. This collaboration marks a significant step in IBC’s ongoing commitment to enhance its digital banking services and deliver cutting-edge solutions to its customers.
By integrating Finanta's advanced commercial lending platform, IBC Bank will accelerate its digital transformation in commercial lending and unleash incremental business value.
In line with its mission to transform the commercial lending landscape, Finanta will equip IBC Bank with sophisticated tools that streamline complex commercial lending processes. These tools and accelerators address key industry challenges such as loan origination, risk assessment, and regulatory compliance, providing a seamless, automated, and customer-focused commercial lending experience which will benefit employees as well.
"Our partnership with IBC Bank underscores our commitment to advancing commercial lending through our innovative lending suite," said Sai Chandrasekar, Finanta’s Chief Product Officer. "By leveraging Finanta’s comprehensive commercial lending solutions suite, IBC Bank will not only enhance their operational efficiencies but also provide their clients with superior lending products and services tailored to the dynamic commercial lending sector." IBC Bank’s EVP of Operations, Dalia Martinez, says, “We’re focused on transforming our commercial lending operations to better serve our clients. Finanta is helping us achieve this transformation. Finanta’s automation and financial analysis tools will enable us to make faster, smarter decisions, which should result in better experiences for both our team and our clients.”
Transformative Capabilities Introduced to IBC Bank’s Commercial Lending Operations Through Finanta Partnership
As part of our strategic initiative to enhance commercial lending services, Finanta has introduced a suite of advanced technologies at IBC Bank, each designed to optimize different facets of the lending process:
These technological enhancements by Finanta are part of a broader effort to support IBC Bank in its commitment to delivering state-of-the-art financial services and fostering growth within the commercial sector.
For additional information on Finanta's impact on commercial lending, please visit www.finanta.io.
About IBC Bank
IBC Bank has been a stalwart in the Texas community, offering a comprehensive range of premier banking services that include commercial lending, personal banking, and beyond. With a steadfast commitment to a customer-centric approach, IBC Bank delivers high-quality solutions designed to enhance the financial well-being of its clients. IBC Bank and Commerce Bank operate from headquarters in Laredo, Texas - as divisions of International Bancshares Corporation (NASDAQ: IBOC) - a $15.5 billion multi-bank financial holding company. Together, they serve 75 communities through 165 facilities and 256 ATMs across Texas and Oklahoma, ensuring accessible and reliable banking solutions for their customers.
About Finanta
Finanta is a leading Fintech company providing state-of-the-art solutions to modernize and streamline commercial lending, collateral management, portfolio management, and loan servicing operations worldwide. Finanta’s platform aims to enhance the operational efficiency of credit unions, banks, and non-banking lenders, elevate customer experiences, and drive digital transformation in the financial services industry.
View source version on businesswire.com:https://www.businesswire.com/news/home/20241105577396/en/
CONTACT: Abhishek Das
Director - Product Marketing
abhishek.das@finanta.io
KEYWORD: TEXAS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: BANKING SOFTWARE ACCOUNTING NETWORKS PROFESSIONAL SERVICES BUSINESS DATA MANAGEMENT PAYMENTS APPS/APPLICATIONS TECHNOLOGY DIGITAL CASH MANAGEMENT/DIGITAL ASSETS ASSET MANAGEMENT FINANCE
SOURCE: Finanta
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PUB: 11/05/2024 10:30 AM/DISC: 11/05/2024 10:30 AM
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