Narmi and Ninth Wave partner to deliver Open Finance to community banks and credit unions

Source: Ninth Wave

Narmi, a digital banking technology provider, has partnered with Ninth Wave, a leading provider of enterprise Open Finance connectivity, to offer community banks and credit unions seamless, secure, Open Finance connectivity. Through this partnership, financial institutions on Narmi’s platform can now offer their business customers a direct connection to their accounting and enterprise planning systems, meeting the growing demand for enterprise Open Finance.

Ninth Wave’s technology provides financial institutions with a standardized, API-first framework that replaces legacy screen scraping and unsafe credential sharing with third-party apps, while allowing customers to retain complete control over their financial data. This improves data security, reduces operational risk, and helps community institutions better compete in today’s rapidly evolving digital banking environment. It ensures seamless finance connectivity while maintaining the highest standards of security and compliance.

“Seamless connectivity is no longer optional; today’s bank customers expect it,” said Nikhil Lakhanpal, co-founder of Narmi.

“Partnering with Ninth Wave enables our financial institutions to give their customers a direct connection between their bank and their accounting system, offering the flexibility and security customers want.”

“Partnering with Narmi is a natural fit for Ninth Wave. They’ve built a remarkable platform that’s redefining digital banking,” said George Anderson, founder and chief executive officer of Ninth Wave.

“Together, we’re helping community banks and credit unions deliver services that surpass even the biggest banks, giving customers unmatched convenience and control over their financial data.”

Together, Narmi and Ninth Wave are empowering financial institutions to deliver the seamless, secure, and connected digital experiences that consumers expect, while safeguarding data and strengthening customer trust.

Further reading; Ninth Wave launches Managed Services division to accelerate Open Finance adoption