Rich Data enters into strategic partnership with M&T and nCino to streamline lending operations utilizing AI technology

Client(s) Rich Data Corporation (Australia) Pty Ltd

Jones Day represented Rich Data Co. ("RDC"), an industry leader in artificial intelligence (AI) decisioning for business and commercial lenders, in connection with RDC's strategic agreement with M&T Bank ("M&T"). The transaction was entered in connection with RDC's existing agreement with nCino. Under the strategic agreement, M&T, an nCino customer, is expanding its use of the nCino platform and integrating nCino's Continuous Credit Monitoring Solution into its operations. The solution leverages RDC's AI decisioning platform and is designed to bring transparency to every decision, giving M&T more comprehensive insights into cash flow health, credit risk, and lending opportunities at both the customer and portfolio levels.