Digital banking provider Tyfone announced Bank3 selected its nFinia Digital Banking platform to provide commercial and retail account holders a more intuitive and engaging experience, while also streamlining and automating back-office processes.
The bank’s future growth initiatives are focused “on a wide range of commercial and retail capabilities, leading the team to find a holistic banking solution that supported its current and future needs.”
Based in Memphis, Tenn., the $450 million asset bank “was searching for a platform that was futuristic yet designed with intention.”
According to Bank3, its team was impressed “with the platform’s configurable design, including the ability to easily integrate with third-party payments and personal finance solutions, coupled with Tyfone’s extensive industry expertise, offering innovative AI-driven search functionalities and back-office efficiency gains.”
Additionally, nFinia offers Bank3 account holders the “ability to manage both personal and commercial accounts from a single log in.”
The bank has also signed for Tyfone’s Instant Payment Xchange (IPX), “an instant payments solution enabling both send and receive capabilities for the Bank’s account holders on the FedNow network.”
Bank3, the primary subsidiary of Banc3 Holdings, Inc., is “a full-service, community bank located in Tennessee and Mississippi.”
The bank is committed to providing financial solutions “to the people and businesses in its markets by means of talent, tradition & technology.”
Based in Portland, Ore., Tyfone is a “provider of consumer and commercial digital banking services for community financial institutions throughout the U. S.”
They understand that an “engaging, intuitive user experience is the minimum requirement for any digital banking provider.”
