DNB goes live on nCino Platform to modernise corporate lending

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Reviewed by
Ashish TScanX News Team
Key Highlights

DNB has gone live on the nCino Platform to modernise its corporate lending business across nine countries, with plans to extend to SME lending next year. The implementation, supported by Deloitte, includes nCino for Commercial Lending and Banking Advisor, an AI-powered interface. The move aims to enhance efficiency and decision-making for DNB's over 200,000 corporate clients.

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DNB has gone live on the nCino Platform to power its corporate lending business across nine countries, marking a significant step in its modernisation journey. The Norwegian financial services group selected the platform to create a strong foundation for long-term business value and support its continuous growth ambitions. The bank plans to extend the rollout to SME lending next year.

Headquartered in Oslo, DNB serves over 2 million retail customers and more than 200,000 corporate clients globally. As a leading player in the shipping, seafood, and energy sectors, the bank sought to modernise its core credit systems to enhance efficiency and decision-making capabilities.

The implementation, supported by Deloitte, deployed nCino for Commercial Lending alongside Banking Advisor, nCino's AI-powered conversational interface. This technology embeds intelligence directly into banker workflows, enabling faster, data-informed decisions. The platform is now live following an nCino gold standard implementation.

Cecilie Kirsebom Foyn-Bruun, Executive Vice President of Lending at DNB, highlighted the strategic importance of the partnership. "With nCino, we get a future-proof foundation to work more efficiently and smarter to create value for our Corporate customers across industries and markets," she said. The goal is to provide bankers with a single platform, connected data, and the intelligence to move faster for clients.

Joaquín de Valenzuela, Managing Director of EMEA at nCino, emphasised the trust placed in the platform by financial institutions across the region. "With the nCino Platform and its agentic capabilities, DNB will have the intelligence to make faster, data-informed decisions with AI that doesn't just inform action but helps drive it," he added.

Key Details of the Implementation

Aspect Details
Platform nCino Platform
Modules Commercial Lending, Banking Advisor
Implementation Partner Deloitte
Current Scope Corporate lending across nine countries
Future Scope Extension to SME lending next year

About the Companies

nCino (NASDAQ: NCNO) is the platform for agentic AI banking, serving over 2,700 customers worldwide, including community banks, credit unions, and major financial entities. The company's dual workforce model deploys AI agents alongside human teams to eliminate inefficiencies and improve outcomes.

DNB is Norway's largest financial services group and one of the largest in the Nordic region by market capitalisation. It offers a full range of financial services, including loans, savings, advisory services, insurance, and pension products for retail and corporate customers.

What specific efficiency gains or ROI metrics does DNB expect to achieve following the full integration of the nCino platform?

How will the extension to SME lending next year differ technically from the current corporate lending implementation?

Will the success of this rollout influence DNB to adopt nCino's platform for other business lines such as retail banking or wealth management?

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JP Morgan maintains Neutral on Ncino, raises target to $17

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Reviewed by
Radhika SScanX News Team
Key Highlights

JP Morgan analyst Ella Smith maintained a Neutral rating on Ncino (NASDAQ: NCNO) and raised the price target to $17 from $16.

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JP Morgan analyst Ella Smith maintained a Neutral rating on Ncino (NASDAQ: NCNO) and raised the price target to $17 from $16. The adjustment reflects a revised valuation outlook for the company.

Rating and Price Target

The brokerage retained its Neutral stance while increasing the price objective. The new target of $17 is up from the previous $16.

Metric Value
Rating Neutral
Previous Price Target $16
New Price Target $17

What specific factors drove the revised valuation outlook for Ncino?

How might Ncino's recent performance influence future analyst ratings?

What market conditions could prompt a shift from a Neutral rating?

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