About Xtensifi

This author Xtensifi has created 39 entries.

The Changing Face of Digital Business Banking

Traditional banks and credit unions are finding their small business customers, an important component of their businesses, are targets of aggressive competitors. With 30.2 million small businesses in the U.S., these firms account for 99.9% of all American business and create nearly half of the nation’s Gross Domestic Product. They are a valuable source of business if they are properly served. Whether it’s payment processing, small business lending or digital banking, there are now a host of competitors offering these services

Case Study: Taking a Top 20 Bank Online

Financial institutions of all sizes are looking to migrate their business into the cloud due to the many advantages to this strategy. However, migration is a momentous task, particularly for business banking applications, not least because a tremendous amount of data is involved. These challenges are amplified for larger institutions. In fact, a great test of a migration tool is to test it on one of our nation’s largest banks. That’s exactly what happened recently when one of Xtensifi’s clients,

Xtensifi joins SAP PartnerEdge Program to Elevate Fintech and Ebanking Solutions

Atlanta, August 8, 2019 – Xtensifi, a digital consulting firm that enables financial institutions to implement their mobile and cloud-computing strategies, announced its official membership in the SAP PartnerEdge program. Through this program, Xtensifi has access to fast-growing markets where they can offer requested fintech and ebanking solutions. SAP SE, which was recently ranked No. 1 ERP software vendor by revenue in Gartner’s Market Share Analysis report, is a German multinational software corporation that produces software for business operations and customer relations. The company’s PartnerEdge


How Banks Are Driving Deposits Now

Mid-tier regional banks, community banks and credit unions are under increasing pressure from larger, national banks intent on luring away their customers. Seeing their deposits pulled away by these competitors is one of the most ominous trends in the industry right now. To put the problem in perspective, whereas average annual deposit growth industry wide is 4.6 percent, JP Morgan Chase, one of the nation’s largest banks, has seen its deposits grow 9.5 percent since 2014. Other large national banks,

Offering Personalized Digital Offerings with Better Data and Automated Intelligence

Offering Personalized Digital Offerings with Better Data and Automated Intelligence

Today’s consumer is accustomed to constantly being connected via mobile, social media, and real-time technology. With the increased use of on-demand applications and services and the influence of social media, the way people connect, share and communicate has resulted in more demanding customers requiring a high level of service.  They expect personalized services in a timely manner delivered the way they work themselves. It should not be news that consumers compare their online banking experience to every other online experience they are offered. Banks that don’t measure up

Where to Focus Your Digital Investment?

Where to Focus Your Digital Investment?

Nearly every management team working in financial services today is focused on the digital channel. It has become a competitive mandate. According to a recent Accenture North American Consumer Digital Banking Survey, virtual banks and payment providers saw a net 15 percent gain in new customers in the past year. Banks must continue to refine and expand their digital capabilities or be left behind. But where to start? We’ve been watching this space closely since 2009, providing strategy and

Xtensifi Named APN Standard Partner with Amazon Web Services, Preferred Cloud Computing Provider

ATLANTA, June 27, 2019 – Xtensifi, a digital consulting firm that enables financial institutions to create and execute their mobile and online strategies, announced it has become an AWS Partner Network (APN) Standard Partner with Amazon Web Services (AWS), a cloud computing service provider. APN is the global partner program for AWS. It is focused on helping APN Partners build successful AWS-based businesses or solutions by providing business, technical, marketing, and go-to-market support. Being part of this network is significant for Xtensifi because it

The Shift All Banks Will Eventually Make

The Shift All Banks Will Eventually Make

The news that TD Bank Group will migrate its technology platforms to the cloud — in a similar vein to what Capital One Financial did earlier this year, but using a more gradual approach — may have come as a surprise to some. As American Banker editor at large Penny Crossman pointed out: at one time financial institutions thought their data and their customers’ data was too sacrosanct to ever store in a public cloud. It was no surprise here.

The Importance of Certifications

Like many companies, your business may be migrating to the cloud, building new systems or solutions in the cloud, or both. Businesses are moving to cloud computing because it’s economical, scalable, fast, and advanced—with more and better features than conventional technology. With cloud computing, companies can avoid extensive integration and maintenance efforts, because cloud services offer nearly everything you need in a single platform. Cloud-certified professionals Whether you’re designing a new, cloud-based system or solution or moving an existing application to the cloud, you’ll likely need the help of IT

Daniela Prieto Joins Xtensifi as General Manager of New Costa Rica Development Office

ATLANTA, May 6, 2019 — Xtensifi, a digital consulting firm that enables financial institutions to create and execute their mobile and online strategies, announced that Daniela Prieto joined the Xtensifi team as general manager of the new Costa Rica development office. Prieto will be responsible for day-to-day operations of the Costa Rica office including staffing, financial reporting, compliance and general operating activities. Prieto’s knowledge of the Costa Rican business climate will aid in growing the Costa Rica office, through