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Narmi, a digital banking technology developer, and Pinwheel, a technology provider enabling banks with effective and easy to deploy solutions, have expanded on the success of their partnership with the usage of Pinwheel’s full activation and engagement solution suite, and even simpler rapid deployment options.
After a series of client requests, Narmi has fully adopted Pinwheel’s deposit switch functionality to meet the growing demand from smaller financial institutions looking to mirror – and in some cases, surpass – the offerings of their larger competitors.
“Deposit switch has always been on our radar – it’s something that bigger banks offer their customers, and it’s about time that we bring that kind of functionality to community banks and credit unions,” said Nikhil Lakhanpal, co-founder of Narmi.
Narmi’s launch of Pinwheel’s Switch Kit represents a paradigm shift for community financial institutions, from implementing mere “table stakes” functionality to cutting-edge features that lead the market and enable significant market share growth.
By making primacy more accessible for smaller financial institutions, Pinwheel and Narmi continue to strengthen the middle market of the banking industry and elevate the financial prospects for communities around the country.
“We will never stop obsessing about how to make onboarding more delightful for consumers, making it easier for banks to win and keep profitable customer relationships,” said Kurtis Lin, CEO and co-founder of Pinwheel.
For more details, read the full conversation between Narmi co-founder Nikhil Lakhanpal and Pinwheel co-founder and CEO Kurtis Lin on the evolution of the partnership here.
