Latest news with #Nymbus

Finextra
08-07-2025
- Business
- Finextra
Nymbus and Bud team on AI-powered PFM services for banks
Nymbus, a full-stack banking platform for U.S. banks and credit unions, today announced a new agreement with Bud Financial ('Bud'), a leading provider of transaction data enrichment and AI-driven insights for the financial services industry. 4 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Nymbus will integrate Bud's market-leading suite of personal financial management ('PFM') widgets. These capabilities will be embedded directly into the Nymbus Banking Platform, enhancing the digital banking experience and enabling smarter, more contextual customer engagement. With the integration, users will gain an enhanced ability to: ● Provide customers with a clear and intuitive view of their finances, and tools to help them gain full control of their money; ● Deliver proactive, relevant content and financial tools through Bud's ready-to-use PFM widgets; ● Tailor experiences across digital channels with categorized, contextual data. This announcement follows the recent launch of Nymbus Engage, a new customer engagement solution built to help community banks and credit unions activate data in smarter ways and drive more meaningful, long-term relationships. Bud's integration directly supports this strategy, providing additional capabilities for financial institutions to deliver hyper-personalized campaigns and experiences that deepen loyalty and boost retention. 'We're thrilled to be partnering with Nymbus as they continue to transform banking for community institutions across the U.S.,' said Edward Maslaveckas, CEO at Bud. 'Together, we're enabling their clients to move beyond legacy data into a new era of intelligent, insight- driven banking. This collaboration reflects our shared belief that better data leads to better outcomes — for financial institutions and their customers alike.' Bud has been a pioneer in applying AI to financial data since 2015, helping institutions around the world turn raw transaction streams into structured, actionable insights. 'This integration supports our mission of providing banks and credit unions with the tools they need to grow, differentiate, and deliver modern, personalized banking experiences,' said Jeffery Kendall, CEO and Chairman at Nymbus. 'Bud's AI-driven enrichment unlocks a new level of insight from transaction data, and we're excited to bring this to our clients.' The first Nymbus client deployment powered by Bud is currently underway, with broader rollout planned over the coming months.

Associated Press
28-05-2025
- Business
- Associated Press
Nymbus Launches Levels: A Powerful Loyalty & Rewards Framework for Community Banks and Credit Unions
Nymbus Levels empowers financial institutions to drive engagement, build deeper relationships, and align customer behaviors with business goals JACKSONVILLE, Fla., May 28, 2025 /PRNewswire/ -- Nymbus, a full-stack banking platform for U.S. banks and credit unions, today announced the launch of Nymbus Levels: an enterprise-grade loyalty and rewards framework that empowers financial institutions to elevate their brand through bespoke loyalty experiences and dynamic pricing. Seventy percent of Americans cite loyalty programs as a top reason for staying with a brand. Nymbus Levels gives community banks and credit unions the tools to compete head-on with national institutions' sophisticated loyalty and reward programs, without the cost, complexity, or lengthy implementation timelines. 'Today's customers expect banking experiences that reflect who they are — their identities, values, and unique needs. Levels moves beyond traditional points-based systems to recognize the full spectrum of customer loyalty, delivering an experience that feels personal, purposeful, and future-ready,' said Jeffery Kendall, CEO and Chairman of Nymbus. Nymbus Levels is powered by a behavior tracking engine designed with campaign flexibility in mind. It enables always-on or time-bound campaigns that reward valuable financial behaviors by assigning monetary value to any type of customer interaction or transaction. Levels can also be easily activated in a backoffice-only mode, enabling businesses to immediately implement value-based pricing and marketing strategies without requiring any customer engagement. From digital adoption and debit card usage to direct deposit setup and balance growth, community banks and credit unions can tailor incentives to align with their most strategic business objectives. Unlike programs tied to single products or individual accounts, Nymbus Levels rewards customer engagement based on their total value, including deposits, loans, and activity, across the entire banking relationship. It features tier-based reward structures that allow financial institutions to incentivize top customers and members with exclusive perks, like waived fees or preferred rates. Customers and members can easily view their progress through a gamified dashboard, sparking greater motivation and long-term usage. Delivered as a fully managed Nymbus service, Levels includes a library of pre-built, field-tested campaign templates, achievement models, and rewards structures designed to drive adoption, increase deposits, and grow non-interest income. Users also gain access to advanced analytics and segmentation tools to continuously optimize performance, prove ROI, and re-engage customers based on the most impactful activities. 'Nymbus Levels is built on a secure, scalable platform that empowers rapid deployment and real-time personalization,' said Ed Gross, Chief Product Officer at Nymbus. 'By combining deep behavioral insights with our robust analytics engine, we're enabling financial institutions to transform their data into targeted actions that build stronger, more profitable relationships with their customers and members.' To learn more about Nymbus Levels and to request a demo, go to About Nymbus Nymbus delivers a cloud-based, highly extensible, full-stack banking platform, empowering community banks and credit unions to accelerate their growth and market positioning. Founded in 2015, Nymbus modernizes legacy core systems that support both brick-and-mortar operations and digital-first institutions, and facilitates the launch of vertical banking strategies or subsidiary brands with a sidecar Core alternative. The Nymbus Banking Platform solution delivers the technology, people, and processes to scale as your financial institution grows. For more information, visit View original content to download multimedia: SOURCE Nymbus