Zions Bancorporation has chosen nCino as the core technology platform for the digital overhaul of its lending operations, marking a key step in its continued investment in banking technology modernisation.
The US-based financial institution, which operates a network of locally managed banks, aims to streamline its loan origination process across commercial and small business segments using nCino’s cloud-based tools.
The deployment includes solutions such as Banking Advisor, Commercial Pricing, and Profitability and Analysis to enable a more cohesive and integrated lending experience.
Zions Bancorporation president and chief operating officer Scott McLean said: “Working with nCino, we are focused on enhancing our lending end-to-end process, which improves the speed and flexibility with which we respond to customers. What most customers really want is an answer as quickly as possible tailored to their specific situation.
“Utilising nCino’s extensive capabilities is an important component to create value for our customers.”
The partnership builds on Zions Bancorporation’s broader digital transformation programme. This has already included a core system replacement for loan and deposit processing, alongside updates to most of its customer-facing digital applications.
nCino global revenue executive vice president Paul Clarkson said: “We’re proud to work closely with Zions as it builds upon its national reputation for relationship banking and continues transformational change by tailoring its products and solutions for the future needs of its customers.”
Recently, nCino reported results for the fourth quarter of fiscal year 2025, ending 31 January 2025. The company posted a net loss of $18.6m, compared to a net profit of $1.2m recorded during the same quarter in the previous fiscal year.
The decline was attributed primarily to non-operating foreign currency impacts, particularly a $10.3m hit on intercompany loans. On a non-GAAP basis, nCino reported net income of $13.9m, down from $23.8m in the prior-year quarter.
Despite the drop in net income, total revenue for the reported quarter increased by 14% year-on-year to $141.4m. The company’s subscription revenue rose 16% to $125m.
