
Narmi, a digital banking technology provider, has partnered with Ninth Wave, a leading provider of enterprise open finance connectivity, to offer community banks and credit unions seamless, secure, open finance connectivity. Through this partnership, financial institutions on Narmi’s platform can now offer their business customers a direct connection to their accounting and enterprise planning systems, meeting the growing demand for enterprise open finance.
Ninth Wave’s technology provides financial institutions with a standardized, API-first framework that replaces legacy screen scraping and unsafe credential sharing with third-party apps, while allowing customers to retain complete control over their financial data. This improves data security, reduces operational risk, and helps community institutions better compete in today’s rapidly evolving digital banking environment. It ensures seamless finance connectivity while maintaining the highest standards of security and compliance.
"Seamless connectivity is no longer optional; today’s bank customers expect it," said Nikhil Lakhanpal, co-founder of Narmi. "Partnering with Ninth Wave enables our financial institutions to give their customers a direct connection between their bank and their accounting system, offering the flexibility and security customers want."
“Partnering with Narmi is a natural fit for Ninth Wave. They’ve built a remarkable platform that’s redefining digital banking," said George Anderson, Founder and CEO of Ninth Wave. "Together, we’re helping community banks and credit unions deliver services that surpass even the biggest banks, giving customers unmatched convenience and control over their financial data."
Together, Narmi and Ninth Wave are empowering financial institutions to deliver the seamless, secure, and connected digital experiences that consumers expect, while safeguarding data and strengthening customer trust.
About Ninth Wave
Ninth Wave is the leading provider of secure data connectivity between financial institutions and third-party applications including aggregators, fintechs, accounting solutions, tax preparation software, and other consumer and business solutions. The company’s platform powers direct connections for over 2,000 institutions and 120 million accounts, with seven of the top 10 U.S. banks and eight of the top 10 U.S. wealth managers among its current clients. Ninth Wave was founded in 2018, is privately held and headquartered in New York City. For more information visit ninth-wave.com.
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.