How modern core banking systems help lenders better support customers
We often talk about legacy core banking systems as technology that needs replacing, or architecture that has become restrictive, expensive, and hard to evolve. It’s true, but it doesn’t capture the whole story. From my perspective, the difference between legacy and modern core banking systems becomes clearest when we talk about the customer.
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’.
Top five themes driving digital transformation in 2025
Looking back on 2025, one thing is clear: whether you’re a bank, a mutual, a non-bank lender or a fintech, our industry was shaped by sharper competition, tighter margins, rising customer expectations, and an undeniable urgency to modernise. While every financial services provider faces its own specific challenges, there are common themes across them, especially around digital transformation.
Out-of-the-box SaaS for banking: separating myth from reality
At Nimo, OOTB means you can innovate with new technology and bring products to market digitally without a single line of code. It gives you the flexibility to adapt and update on your terms, with collaboration and ongoing support built in.
Let’s debunk some of the most common misconceptions we heard from Lenders.
Progress is a journey not a checkbox – Digital Financial Services Summit
One question kept coming up across all these global disruptions: What makes them succeed or fail? What helps, and what hinders? What gets in the way and what lifts a new way of being?
From wheels to intelligence: my wrap up of the Digital Banking Summit 2025
With $1 billion spent globally every day on AI — and a quarter of the world’s R&D dollars funneled into it — we’re witnessing a shift that’s impossible to ignore.
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 […]
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 […]