nCino plans to invest $110 million in research and development

Cloud-based fintech company nCino plans to spend about $110 million this year on research and development of AI and digital banking tools. The Wilmington, North Carolina-based company aims to develop AI and generative AI-driven solutions for automated digital onboarding, as well as predictive analytics, Paul Clarkson, executive vice president of global sales at nCino, told Bank (…)