Fintech Connector launched by Apiture aims to foster innovation among community banks and credit unions
Apiture, a leading open API banking platform, has recently unveiled its Fintech Connector. This innovative tool is designed to facilitate rapid integrations of fintech services for banks and credit unions, improving digital banking capabilities and offering a slew of benefits.
The Fintech Connector enables financial institutions to accelerate the deployment of new digital services, reduce IT complexity and integration costs, and provide customers with innovative features such as enhanced payments processing, credit services, or risk analytics. By harnessing fintech innovation, financial institutions can meet the evolving expectations of their account holders.
One of the first fintech partners to integrate with the Apiture platform through Fintech Connector is InvestiFi, a digital investing provider. This integration allows account holders to buy and sell investments directly from their checking accounts, keeping deposits within the institution.
The collaboration between InvestiFi and Apiture teams resulted in the successful delivery of an innovative product to market. Kian Sarreshteh, CEO of InvestiFi, expressed his excitement about being the first fintech integrated into Apiture through Fintech Connector, viewing it as a strategic partnership.
Apiture COO, Chris Cox, stated that Fintech Connector complements their ongoing development efforts. The tool enables integration with Apiture's Consumer Banking and Business Banking solutions, allowing fintech partners to integrate with the Apiture Digital Banking Platform without custom integrations.
Moreover, fintechs using Fintech Connector benefit from rapid deployment through a single integration point. This means that financial institutions can deploy in-house features directly into the Apiture Digital Banking Platform.
The launch of Fintech Connector also provides exposure to hundreds of Apiture community bank and credit union clients. As a result, Apiture's extensive ecosystem of banks and credit unions can now drive new streams of non-interest income, deposit growth, and digital engagement through InvestiFi.
In summary, Apiture’s Fintech Connector is a powerful tool that facilitates rapid fintech integrations, helping banks and credit unions enhance their digital banking capabilities, offering improved speed, innovation, and customer experience. The aim of Fintech Connector is to help financial institutions harness fintech innovation to meet account holder expectations. It is now live and open to new fintech partnerships.
- The Fintech Connector, a new tool by Apiture, is designed to accelerate the deployment of fintech services for banks and credit unions, offering a speedier integration of digital services, reduced IT complexity, and lower costs.
- Kian Sarreshteh, CEO of InvestiFi, views the strategic partnership with Apiture as a significant milestone, with the successful delivery of an innovative product being the first fintech integrated into Apiture through Fintech Connector.
- Apiture COO, Chris Cox, states that Fintech Connector complements their ongoing development efforts, enabling integration with Apiture's Consumer Banking and Business Banking solutions, enabling fintech partners to integrate with the Apiture Digital Banking Platform without custom integrations.
- Through Fintech Connector, fintechs can benefit from rapid deployment through a single integration point, allowing financial institutions to deploy in-house features directly into the Apiture Digital Banking Platform, and providing exposure to hundreds of Apiture community bank and credit union clients.
