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TransPecos Banks extends partnership with NYMBUS for core upgrade

West Texas-based TransPecos Banks, SSB is converting its existing core, payments and digital banking solutions over to NYMBUS. The new partnership between the bank and the financial services platform follows the recent go-live of Transpecos Banks’ digital-only brand BankMD with NYMBUS SmartLaunch.

“Our BankMD partnership with NYMBUS SmartLaunch helped us quickly deploy new digital experiences and capture revenue opportunities with minimal cost or disruption to our existing business. Our experience with NYMBUS convinced us they were the right choice for rebuilding our larger bank infrastructure,” said Mike Kozub, President and Chief Executive Officer of TransPecos Banks, SSB.

TransPecos Banks, SSB has selected NYMBUS SmartCore®, a cloud-based core platform. The bank will also implement NYMBUS SmartDigital™ for Internet and mobile banking and NYMBUS SmartPayments™ for debit card processing and fraud protection. The digital-first product suite allows TransPecos Banks to unify all the required banking functions into one solution, enabling a multi-channel customer experience, while automating and simplifying back-end processes and workflows for its employees.

“We’ve had the great pleasure to support TransPecos in their business transformation,” said David Mitchell, President of NYMBUS. “Our progressive SmartLaunch model has proven to accelerate their speed to innovate and compete with a new digital-only bank. Now, by undertaking the transformation of their current technology eco-system, we can help in their long-term success with near endless innovation to adapt to whatever comes next in the market.”

The bank is a member of TransPecos Financial Corp., a Texas banking organization with locations throughout the TransPecos Region of West Texas and its corporate headquarters in San Antonio.

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