Fast-growing bank technology company recognized for excellence and innovation in business banking
BOSTON—Numerated, the bank technology company powering the digital transformation of business banking, announced it has been awarded the 2020 Monarch Innovation Award for “Most Innovative Industry Partner” by Barlow Research Associates.
Since 1980, financial institutions have relied on Barlow Research Associates to provide in-depth market research for the business banking sector. The organization’s Monarch Innovation Awards recognize companies providing the most innovative products to business customers.
Founded in 2017, Numerated is a digital lending and sales platform for business banking that is best known for helping banks create 5-minute small business loans. The company recently announced an expansion of its platform to support banks’ full suite of business banking products, with a range of digital application, digital lending, and digital account opening solutions across an increasing number of business banking products.
“We are humbled to receive this recognition for ‘Most Innovative Industry Partner’ from an organization as reputable as Barlow Research is in championing the pulse of business banking,” said Dan O’Malley, co-founder and CEO of Numerated. “It is not lost on us that we are being presented with an award for digital innovation at a time when face-to-face interaction is discouraged in America. We are committed to living up to the award by working overtime to stand-up more digital application and buying experiences for business banking teams during this unprecedented time.”
Numerated’s recognition as the Most Innovative Industry Partner centers on its platform’s unique sales and marketing tools, which provide financial institutions with a competitive advantage for identifying qualified business development opportunities. The solution leverages rich data integrations and artificial intelligence to pre-screen businesses for their eligibility to apply for credit, identify customer needs being met elsewhere, and create qualified lists by product eligibility, industry, location, and more.
“Numerated’s sales and marketing tools are a great example of how financial institutions can leverage data and artificial intelligence to help bankers have more confident, proactive, and personalized conversations with business owners,” said Nick Miller, President at Clarity Advantage and a panel judge for the 2020 Monarch Innovation Awards.
This is the second banking industry award Numerated has received in 2020, with FinTech Breakthrough recognizing its platform as 2020’s "Best Overall FinTech Software" last month. To learn more about Numerated, visit www.numerted.com.
About Numerated
Numerated makes it easy for businesses to purchase financial products from banks. Its digital lending and sales platform allows banks to create award-winning digital application, digital account opening, and digital lending experiences enabled by rich data integrations and artificial intelligence. Numerated is chosen by top business banks, including Bremer Bank, Dollar Bank, Eastern Bank, MidFirst Bank, Seacoast Bank, People's United Bank, and more.
About Barlow Research Associates, Inc. (BRAI):
Barlow Research Associates, Inc. was founded in 1980 to provide research and consulting services to the banking industry in the U.S. and overseas. BRAI specializes in custom research, strategic consulting and syndicated research programs in small business, middle market and digital business banking. All three syndicated programs provide a continuous flow of market knowledge and competitive intelligence to member institutions. www.BarlowResearch.com
