SEATTLE--(BUSINESS WIRE)--Sep. 4, 2024--
PortX, a leading financial infrastructure and integration technology company that provides open access to the core and drives innovation for financial institutions with its Integration-Platform-as-a-Service (IPaaS), announces the launch of Fintech Hub on AppMarket from Fiserv.
PortX is on AppMarket from Fiserv.
Fintech Hub is now available as a pre-integrated app on AppMarket, a marketplace that gives Fiserv clients rapid access to top fintech solutions, helping them attract new customers, boost efficiency, and increase competitiveness.
Additionally, PortX will play a key role in facilitating new fintech onboarding to Fiserv’s AppMarket, providing FIs with an increasing number of options for innovative partnerships.
Simplifying and accelerating real-time access to Premier®.
The partnership will streamline fintech integrations with the Premier bank platform from Fiserv. As a pre-integrated App on AppMarket, PortX Fintech Hub enables Fiserv clients to easily leverage their data through cost-effective, reliable, and reusable API-led connectivity between their Premier core, Communicator Open, and any third-party system. This allows financial institutions to maximize the value of Communicator Open.
Reducing costs with a faster, more efficient integration model.
PortX’s Connectivity-as-a-Service model enables financial institutions to integrate third-party systems more quickly and at a lower cost. By leveraging PortX’s pre-built connectors to Communicator Open, Fiserv clients can streamline third-party fintech connections with their Premier core while reducing vendor management requirements. This model ensures seamless integration, accelerates time to market, and significantly cuts down operational costs, making it an efficient and cost-effective solution.
"We’re excited to support Fiserv’s global vision for open banking through its Communicator Open initiative and helping banks and credit unions access best-of-breed fintechs in the market," said David Wexler, CEO of PortX. "This collaboration highlights Fiserv’s innovative approach to serving its customers by maximizing the value of its product and proactively helping them to reduce costs."
"Having PortX Fintech Hub on AppMarket allows us to provide our clients with fast and cost-effective integration to a wide range of fintech solutions,” said Niranjan Ramaswamy, VP Open Finance, Fiserv. “PortX will help streamline the integration process for our FIs and rapidly accelerate their ability to build innovative service offerings through our partners, setting a new standard for technology infrastructure. As a result, we’re confident that this collaboration will empower our FIs to stay ahead of their competition by harnessing the free flow of customer data between all of their connected fintechs."
About PortX
PortX is the Integration-Platform-as-a-Service focused on financial services infrastructure that allows open access to core data and simplifies integrations to third-party applications like fintechs. Access to data and the freedom to connect with partners enables rapid project delivery, agile innovation cycles, and optimal customer experiences for financial institutions. Our solutions facilitate interoperability between internal systems and member services such as online banking, credit checks, mortgage and loan applications, and more, allowing for a real-time 360-degree view of the customer. We help financial institutions empower their teams to connect to fintech partners and real-time payment networks like Zelle®, ACH, FedNow, and others. For more information, please visit portx.io and connect on LinkedIn.
About Fiserv
Fiserv, Inc. (NYSE: FI), a Fortune 500 company, aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index and has been recognized as one of Fortune® World's Most Admired Companies™ for 9 of the last 10 years. Visit fiserv.com and follow us on social media for more information and the latest company news.
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https://www.businesswire.com/news/home/20240904228962/en/
Media Contact:
Brad Allen
PR@portx.io
Source: PortX
