Fintech Connector by Apiture aims to spur innovation at community banks and credit unions
Apiture, a leading provider of digital banking solutions, has unveiled its new tool, Fintech Connector. This innovative platform is designed to streamline the integration of fintech partners with the Apiture Digital Banking Platform.
With Fintech Connector, community banks and credit unions can swiftly adopt cutting-edge digital banking services offered by fintechs, without lengthy implementation times or complex setups. The integration option offered by Fintech Connector benefits both fintechs and financial institutions alike.
InvestiFi, a digital investing provider, is the first partner to integrate with the Apiture platform through Fintech Connector. This collaboration has resulted in the successful launch of an innovative product to market. InvestiFi's patent-pending Investing from Checking solution is now integrated into Apiture's online and mobile banking solutions.
Kian Sarreshteh, CEO of InvestiFi, expressed his excitement about being the first fintech integrated to Apiture through Fintech Connector. He stated, "This partnership will enable us to reach a wider audience and help banks and credit unions keep deposits within their institutions."
Fintech Connector provides a new way for banks and credit unions to tailor the digital banking experience to meet the needs of their communities. It accelerates fintech adoption by enabling fintech partners to connect their solutions quickly with financial institutions' systems, reducing time-to-market for new digital banking capabilities.
The connector leverages an open API framework, designed to support easy, secure, and scalable integration of a wide variety of fintech services into the existing Apiture platform. This allows community banks and credit unions to offer advanced digital solutions and improve customer experiences in areas such as payments, account management, and other banking services.
Building on Apiture’s existing features like real-time payments via RTP and FedNow services, the Fintech Connector expands integration possibilities, enabling institutions to customize and enhance their digital banking offerings through fintech collaboration.
Chris Cox, Apiture's COO, stated that Fintech Connector complements their ongoing development efforts. He added, "This tool allows our clients to select and deploy new services that align with the needs of their account holders and their institution's strategy."
Fintech Connector allows for rapid integration without custom integrations for fintech partners. Apiture clients can now access InvestiFi directly from Fintech Connector, driving new streams of non-interest income, deposit growth, and digital engagement for Apiture's ecosystem of banks and credit unions.
In summary, Apiture’s Fintech Connector acts as a technological bridge, simplifying and speeding up the integration of fintech innovations into financial institutions’ digital banking environments, thus supporting faster innovation and improved digital experiences for their customers. The connector is now live and open to new fintech partnerships.
- Apiture's Fintech Connector facilitates community banks and credit unions to swiftly adopt innovative digital banking services from fintech partners without extensive implementation times or complex setups.
- The Fintech Connector, Apiture's new tool, provides a means for fintechs and financial institutions to establish partnerships, benefiting both parties by streamlining the integration of fintech solutions.
- In the fintech industry, innovative products can be launched more quickly due to the easy, secure, and scalable integration offered by Apiture's Fintech Connector.
- Fintech Connector's open API framework allows community banks and credit unions to offer advanced digital solutions and enhance customer experiences in areas such as payments, account management, and other banking services.
- Apiture's Fintech Connector reduces the time-to-market for new digital banking capabilities by enabling fintech partners to connect their solutions quickly with financial institutions' systems, accelerating fintech adoption in the industry.
