[ccpw id="5"]

Home.forex news reportFiserv AppMarket Expands with PortX's New Fintech Integration Solution

Fiserv AppMarket Expands with PortX’s New Fintech Integration Solution

-


Fiserv’s AppMarket has welcomed PortX Fintech Hub, a
service that aims to simplify the integration of financial technology solutions
for banks and credit unions. This collaboration promises to accelerate time to
market for financial institutions by providing a cost-effective and streamlined
approach to connecting with fintech partners.

PortX, a provider of Integration-Platform-as-a-Service
(IPaaS), has joined forces with Fiserv to introduce the Fintech Hub on Fiserv’s
AppMarket. This new platform aims to provide Fiserv clients with rapid access
to a range of fintech solutions.

With the launch of Fintech Hub, PortX will play a
crucial role in onboarding new fintech solutions to Fiserv’s AppMarket. This
partnership aims to offer financial institutions (FIs) an increasing number of
options for innovative collaborations, enabling them to attract new customers
and boost operational efficiency.

PortX’s Fintech Hub is now a pre-integrated app
available on Fiserv’s AppMarket. This marketplace offers Fiserv clients quick
access to top fintech solutions, providing them with the tools to stay ahead in
a competitive landscape.

By streamlining fintech integrations with Fiserv’s
Premier bank platform, PortX enables institutions to easily leverage their data
through cost-effective, reliable, and reusable API-led connectivity.

This integration model allows Fiserv clients to
maximize the value of Communicator Open, Fiserv’s open banking initiative, by
facilitating seamless connections between their Premier core and third-party
systems. This, in turn, reduces costs associated with integration and vendor
management, making the process faster and more efficient.

Connectivity-as-a-Service

PortX’s Connectivity-as-a-Service model is at the
heart of this innovation. By offering pre-built connectors to Communicator
Open, PortX enables Fiserv clients to integrate third-party systems more
quickly and at a lower cost. This approach accelerates the time to market and
reportedly reduces operational expenses, providing a robust and scalable
solution for financial institutions.

Recently, PayPal boosted its collaboration with Fiserv to facilitate checkout experience for businesses across the US. This partnership, which has spanned over a decade, seeks to enhance how Fiserv’s merchant clients can integrate PayPal’s payment solutions.
According to the entities, the expansion of their collaboration focuses on streamlining the process for Fiserv’s merchant clients to offer PayPal and Venmo as payment options.

Meanwhile, Fiserv released its financial results for the second quarter of 2024 in July, underscoring a significant boost in earnings. The company’s revenue grew by 7% to $5.11 billion compared to the same period last year.

Fiserv’s AppMarket has welcomed PortX Fintech Hub, a
service that aims to simplify the integration of financial technology solutions
for banks and credit unions. This collaboration promises to accelerate time to
market for financial institutions by providing a cost-effective and streamlined
approach to connecting with fintech partners.

PortX, a provider of Integration-Platform-as-a-Service
(IPaaS), has joined forces with Fiserv to introduce the Fintech Hub on Fiserv’s
AppMarket. This new platform aims to provide Fiserv clients with rapid access
to a range of fintech solutions.

With the launch of Fintech Hub, PortX will play a
crucial role in onboarding new fintech solutions to Fiserv’s AppMarket. This
partnership aims to offer financial institutions (FIs) an increasing number of
options for innovative collaborations, enabling them to attract new customers
and boost operational efficiency.

PortX’s Fintech Hub is now a pre-integrated app
available on Fiserv’s AppMarket. This marketplace offers Fiserv clients quick
access to top fintech solutions, providing them with the tools to stay ahead in
a competitive landscape.

By streamlining fintech integrations with Fiserv’s
Premier bank platform, PortX enables institutions to easily leverage their data
through cost-effective, reliable, and reusable API-led connectivity.

This integration model allows Fiserv clients to
maximize the value of Communicator Open, Fiserv’s open banking initiative, by
facilitating seamless connections between their Premier core and third-party
systems. This, in turn, reduces costs associated with integration and vendor
management, making the process faster and more efficient.

Connectivity-as-a-Service

PortX’s Connectivity-as-a-Service model is at the
heart of this innovation. By offering pre-built connectors to Communicator
Open, PortX enables Fiserv clients to integrate third-party systems more
quickly and at a lower cost. This approach accelerates the time to market and
reportedly reduces operational expenses, providing a robust and scalable
solution for financial institutions.

Recently, PayPal boosted its collaboration with Fiserv to facilitate checkout experience for businesses across the US. This partnership, which has spanned over a decade, seeks to enhance how Fiserv’s merchant clients can integrate PayPal’s payment solutions.
According to the entities, the expansion of their collaboration focuses on streamlining the process for Fiserv’s merchant clients to offer PayPal and Venmo as payment options.

Meanwhile, Fiserv released its financial results for the second quarter of 2024 in July, underscoring a significant boost in earnings. The company’s revenue grew by 7% to $5.11 billion compared to the same period last year.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

SEC sues Elon Musk over alleged late disclosures on Twitter share deal

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US securities regulators have sued Elon...

Rupee hits record low; state-run, foreign banks’ dollar sales cap fall

The Indian rupee weakened to its all-time low on Tuesday due to strong dollar bids spurred by the maturity of positions in the non-deliverable...

Premium Watchlist Recap: January 6 – 9, 2025

This week our currency strategists focused on the Australian CPI update for potential high-quality setups in the Aussie dollar. Out of the four scenario/price outlook...

PBoC injects 959bn yuan in open market operations (offsetting maturing MLF)

High risk warning: Foreign exchange trading carries a...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img