Candescent Names Satheesh Ravala Chief Technology Officer to Drive Platform Innovation
Candescent, the leading cloud-based digital banking solutions provider for U.S. financial institutions, has appointed Satheesh Ravala as Chief Technology Officer. Ravala brings more than two decades of experience building enterprise-scale platforms and leading global technology teams across fintech and SaaS.
OneUnited Bank Selects Candescent’s Extensible Platform to Deliver New Customized Money Management Tools, Driving 33% Increase in Customer Adoption
Candescent, a leading independent digital banking technology provider, today announced that OneUnited Bank, a multi-year, award-winning Community Development Financial Institution (CDFI) and the largest Black-owned bank in the United States, is using Candescent’s extensible platform to deliver personalized digital banking experiences aimed at enhancing financial wellness and keeping pace with the fast-changing needs of its customers.
Y-12 Credit Union Earns Top Member Satisfaction in Industry Ranking, Runs on Candescent Digital Banking Technology
Candescent, a leading independent digital banking technology provider, today announced that Y-12 Credit Union has been recognized by Member Loyalty Group for earning the highest NPS score for digital banking across both its asset size and among all benchmarked credit unions during Q4 2024. Member Loyalty Group helps credit unions strengthen member relationships and drive strategic growth through actionable insights, expert guidance and data-driven analytics, including benchmark data from over five million member surveys each year.
Candescent Extends Partnership With Ninth Wave, Introducing New Integrated Open Data Solution for Banks and Credit Unions
Candescent, a leading independent digital banking technology provider, and Ninth Wave, provider of single point connectivity to the open banking ecosystem, today announced the expansion of their strategic partnership, further enhancing data sharing capabilities through the Candescent platform.
Farmers & Merchants Bank Selects Candescent’s Digital Banking Platform to Modernize Customer Experience
Candescent, the leading independent digital banking platform in the United States, today announced that Stuttgart, Ark.-based Farmers & Merchants Bank has selected Candescent’s Digital Banking platform to improve its customer experience and offer more advanced features for both retail and business banking.
The Union Bank Company Partners with Candescent to Enhance Digital Banking for Consumers and Businesses
Candescent, a leading global platform for digital-first banking, today announced that Columbus Grove, Ohio-based The Union Bank Company (Union) has selected Candescent’s Digital Banking platform to provide an elevated experience with more robust functionality for consumers and businesses.
Gareth Gaston Joins Candescent as Chief Product Officer
Candescent, the leading independent digital banking platform in the United States, today announced that industry powerhouse Gareth Gaston has joined the organization as Chief Product Officer. This appointment reflects Candescent’s ongoing commitment to delivering best-in-class software solutions to its more than 1,300 financial institution customers.
Sound Credit Union Expands Partnership with Candescent to Drive Growth and Innovation
Candescent, a leading global platform for digital-first banking, today announced an expanded relationship with $3 billion-asset Sound Credit Union (Sound), accelerating its digital banking transformation to support ongoing growth.
