Banking News

TransPecos Banks Signs With NYMBUS for Modern Core Banking Upgrade

NYMBUS SmartLenders Program Enables Financial Institutions to Immediately Assist Small Businesses Impacted by COVID-19
  • Extended Partnership Follows Recent Go-Live of Digital-Only Brand BankMD with NYMBUS SmartLaunch™
  • Dual Transformation Strategies Deliver on Both TransPecos Banks’ Immediate and Long-Term Business Goals

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NYMBUS®, a provider of the world’s most advanced financial services platform, today announced TransPecos Banks, SSB has selected and is currently converting its existing core, payments and digital banking solutions over to NYMBUS.

Committed to providing the highest level of care and leadership in the communities it serves throughout West Texas, TransPecos Banks, SSB sought to upgrade its core banking platform in order to rapidly meet and respond to the rising digital demands of today’s modern consumers. With NYMBUS’ digital-first product suite, all required banking functions are unified into one system, providing an unparalleled experience for customers while simplifying back-end processes to improve efficiencies and drive revenue growth.

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“Our BankMD partnership with NYMBUS SmartLaunch helped us quickly deploy new digital experiences and capture revenue opportunities with minimal cost or disruption to our existing business. Our experience with NYMBUS convinced us they were the right choice for rebuilding our larger bank infrastructure,” said Mike Kozub, President and Chief Executive Officer of TransPecos Banks, SSB. “Their modern platform and open architecture provide the technology foundation we’ve been looking for to offer cutting-edge digital experiences for our customers.”

TransPecos Banks, SSB has selected NYMBUS SmartCore®, a cloud-based core platform, to provide a single, quality digital experience for banking customers. The Bank will also implement NYMBUS SmartDigital™ for Internet and mobile banking and NYMBUS SmartPayments™ for debit card processing and fraud protection. The digital-first product suite allows TransPecos Banks to unify all the required banking functions into one solution, enabling a multi-channel customer experience, while automating and simplifying back-end processes and workflows for its employees.

“We’ve had the great pleasure to support TransPecos in their business transformation,” said David Mitchell, President of NYMBUS. “Our progressive SmartLaunch model has proven to accelerate their speed to innovate and compete with a new digital-only bank. Now, by undertaking the transformation of their current technology eco-system, we can help in their long-term success with near endless innovation to adapt to whatever comes next in the market.”

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