Narmi, a leading provider of digital banking solutions, today announced a new strategic partnership with BankBound, a specialized digital marketing agency for financial institutions. This collaboration aims to empower financial institutions (FIs) to achieve their growth and deposit goals by leveraging the robust capabilities of the Narmi Account Opening and Digital Banking platforms, and BankBound's expertise in digital marketing.
Narmi's account opening product delivers industry-leading application speed and pull-through rates, an intuitive user interface, and comprehensive fraud prevention – all while integrating with leading core banking systems. But while having a seamless “digital front door” is extremely important, financial institutions need effective strategies to attract the customers needed to maximize the potential of Narmi's solutions.
Known for its digital marketing successes in the sector, BankBound works with financial institutions to drive higher qualified leads to Narmi's platform via data-driven marketing campaigns. BankBound integrates seamlessly into existing marketing teams or can act as a standalone team, offering strategic and tactical support to accelerate deposit acquisition. "We are excited to collaborate with Narmi to enhance the digital banking experience for financial institutions," said Brian Reilly, VP of Digital Marketing at BankBound. "Our focus on data-driven marketing strategies, combined with Narmi's exceptional platform, will enable FIs to achieve their growth objectives more efficiently."
The combination of the Narmi Platform and BankBound’s marketing capabilities create a powerful synergy that enhances top-of-funnel application volumes. And BankBound’s deep knowledge and expertise of the Narmi Platform allows Narmi customers to grow more than their peers.
"Increasing top-of-funnel applications is paramount for almost every financial institution. By offering the opportunity to work with both BankBound and Narmi, financial institutions can drive more cost-efficient deposit growth," said Nikhil Lakhanpal, Narmi Co-Founder and Co-President. "BankBound’s expertise in digital marketing complements our technology extremely well, ensuring that our customers have both the best tools to facilitate account opening and the marketing support to attract more customers."
This strategic partnership represents a significant step forward for both Narmi and BankBound, reinforcing their commitment to providing innovative solutions that drive success for financial institutions.
About Narmi
New York City-based Narmi's digital platform empowers financial institutions to unlock the very latest capabilities in digital banking and account opening, enabling them to move faster, tap new growth opportunities, and achieve true digital transformation. The Narmi platform was built with the customer experience in mind, empowering financial institutions with an experience that is always effortless, current, and dependable. As a result, Narmi's customers are seeing as much as 3x account growth in less than 30 days and 4x deposit growth in as little as 90 days. Additionally, Narmi's financial institution clients are winning awards like Bankrate's Best Online Bank and Nerdwallet's Best Bank for Online Experience. For more information, please visit narmi.com.
About BankBound
BankBound is a specialized marketing firm that works exclusively with financial institutions on digital marketing. By leveraging advanced marketing strategies and innovative digital solutions, BankBound enables financial institutions to achieve their growth objectives and navigate the competitive landscape with confidence. Focused on delivering measurable results, BankBound's clients benefit from tailored marketing campaigns that drive engagement, acquisition, and retention. For more information, please visit bankbound.com.