Leaving legacy behind: a safer path to core banking modernisation
Legacy cores quietly bleed value through manual workarounds, slow product change, fragmented data, and growing compliance risk.
This article covers five key ways legacy becomes a constraint, the signals it’s time to modernise or replace, and the practical risks (data migration, product mapping, adoption, security) that need to be managed. Most importantly, there are safer paths forward, including the ‘Nimo wrap-around’.
Keep assessments progressing with AI Agent Auto Caller
It’s a common story: loan applications stall because you can’t reach a customer. Assessments sit in limbo waiting for one or two critical confirmations. It cascades into longer cycle times, higher operational effort, and more back and forth with customers, brokers and internal teams. Nimo’s Auto Caller (AI telephony) gives you a way to progress […]
Did you know Nimo handles the complex deals others can’t?
Can your current origination system handle a home loan spanning 8 properties, 12 loans, and 4 security groups, or asset finance with multiple securities? For many lenders, that level of complexity exposes the limits of legacy systems. But for Nimo, it’s all in a day’s work. Our platform was purpose-built to support advanced lending structures, including […]
Nimo’s embedded AI agents : A simpler solution
AI is undeniably a hot topic in fintech today, with banks and financial institutions eager to leverage its power to enhance customer service and streamline internal operations. However, with so many AI solutions available, it’s not always clear which is the right fit or how to make the most of the technology. AI Agents; a […]
Positive tension : the hidden driver of innovation
In our work with lenders, we often see technology partners asking for requirements, delivering them and moving on. On the surface, it’s logical to think that delivering exactly what’s been asked for is delivering a premium service. At Nimo we’ve found over time and with many dealings with our clients that this isn’t always the […]
AI Agents vs Automated SaaS
The Battle for the Future of Lending Digitalisation At Nimo, we take a practical and open-minded approach to AI. We’ve tested its role in lending automation across different workflows, some using AI agents and others built on SaaS platforms with APIs. What we’ve found, time and again, is that while there’s no one-size-fits-all solution, SaaS […]
Insights from the 2024 NSW Digital Banking Summit
This year’s NSW Digital Banking Summit got me thinking: what will banking look like in the year 2040? Will we still be discussing AI, personalisation, embedded finance, simplification, seamless processing, trust, customer experience, digitalisation, and regulation? Or will new terms, concepts, inventions, and challenges dominate our conversations? Likely both, given the ever-changing global dynamics and […]
5 things to consider when digitally transforming your lending
COVID-19 sped up digital transformation around the world. Businesses that had put-off adopting digital technologies pre-2020, scrambled to find new ways of operating, and had a crash course of trial and error just to keep things running. With new ways of working and process efficiency, together with an increase in consumer expectations around service excellence and speed, we know that digitalisation in lending is inevitable!
3 ways to build a lending platform and what to look out for
There’s not always clear insight into what’s involved in digital lending transformation. We’ve shed some light on the three ways to build a lending platform, and what they involve.
How the lending market is digitalising revenue-generating opportunities
Thinking about digitalising lending processes? Start your journey here. Today, there’s an increased need for innovation in the lending market. Constantly shifting and changing market conditions, increasing competition amongst lenders, and customers demanding fast and simple service means innovation has become critical to stay competitive. This push for innovation has given rise to loan automation […]
Nimo aligns leadership team for growth
Thursday 28 April, 2022: Leann Jones will head up Nimo Industries from today as the Melbourne fintech signals plans to capture a bigger portion of the small and medium-sized lenders market. Nimo is a SaaS platform that makes digital lending simple and has disrupted the market with its delivery of same day lending, from enquiry to […]
COBA Conference 2021
See you at COBA conference 2021 With a lot of changes going on in the ‘online’ space within Mutual Banks and Credit Unions, The COBA conference presents a great time connect and explain how Nimo can deliver change faster and a better ROI than other fragmented solutions. Looking out, and book in for our seminars […]
FinTECH Awards 2020 – Finalist
Best PropTech Platform – Nimo would like to congratulate MoneyMe on nudging out Nimo to win the Best Proptech platform at the 2020 Fintech Awards. Nimo was selected as one of 3 finalists as the Nimo platform has extended capabilities of connecting customers with settlement services as well as utilities for their new home. Nimo […]
Nimo enables your Digital Adaptation in days not months
Nimo is an online lending platform that assists brokers and lenders to rapidly implement online loan processing. The Victorian Government has announced support for businesses, as part of the Victoria State Governments Business Resilience Package. Of particular interest is the business adaption initiative to help organisations build their digital capability. The announcement was made as […]
UK Fintech Award
Best Online Home Loan Application Platform – Australia Thursday 19 August, 2020: Nimo Industries’ SaaS platform was recently awarded the Best Online Home Loan Application Platform at the Wealth & Finance International Fintech Awards 2020. novomatic game The Awards are dedicated to rewarding and recognising the hard work, excellence and creativity of fintech companies, start-ups, […]
AB+F (RFi) Interview
Repetitive loan process no longer accepted by consumers Kate Weber – AB+F (RFI Group) 28/07/2020 People are no longer willing to wade through lengthy applications now COVID-19 has expanded many digital first processes such as loan applications. COVID-19 pushed many financial institutions to reduce human interaction however it also prompted platforms to reduce repetitive questionnaires consumers […]
London Tech Week 2020
Nimo selected to participate in LTW2020 trade mission Exciting news hot off the press… Global Victoria has just selected Nimo as 1 of 25 Victorian technology companies to participate in their forth trade mission to the revised Virtual Conference Program organised by UK DIT. Nimo submission for the trade mission focused on clear objectives within […]
Australian Fintech Launch
Nimo SaaS Platform Launch Helping lenders provide home loans online Melbourne fintech Nimo Industries has today launched a SaaS platform for financial institutions and brokers that enables them to service home loan customers purely online. Nimo’s SaaS platform will enable lenders to benefit from a digital-first, customised, cost-effective and scalable approach to bringing their home […]
Press release: Omni-Financial launches first phase online home loan application
Melbourne fintech Omni-Financial has today launched the first phase of its complete online home loan application, with ME Bank providing the loans. Utilising the latest technologies, Omni simplifies the process for customers by removing outdated paper forms and the need to supply duplicated information on numerous occasions. The Omni online home loan application will save customers […]
Secure data sharing
The article in The Age yesterday about the inclusion of ‘screen scraping’ in the Senate inquiry into financial technology, is about more than safe or unsafe online practices. It highlights the painful shift of a traditional financial services industry moving into the modern age. While screen scraping itself is not new, Peter Jones, CEO of […]
Fintech Taipei with Austrade
We are off to Fintech Taipei 2019! We have been selected as only one of 5 Australian Fintechs supported through the support of Austrade to participate at the 2019 event and the preceding Austrade FinTech and Open Banking Roundtable. Great recognition of the teams work to date, and invaluable in creating future relationships ..! Hope […]