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This author Xtensifi has created 31 entries.

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

Giving Today’s Customers What They Want: The Advantages of Open Architecture

It’s not news that consumers are looking for the latest and greatest in digital and mobile technology in their everyday activities—including banking. To get what they want, these consumers are not averse to looking beyond traditional financial institutions to fintechs and other third-party providers. Banks and credit unions are working hard to meet the same consumer demands, but they are often hobbled by inflexible, siloed legacy systems. That’s where open architecture comes in. Adopting an open architecture platform allows financial institutions to engage with third-party developers through open

FinTech in the Cloud: Modernizing Your Operations

As Amazon Web Services (AWS) and other cloud service providers continue to gain ground, many banks are moving their fintech applications to the cloud. They have sound reasons for doing so, as cloud computing saves costs, boosts efficiency, and offers layered security approaches as well as automated deployment models. Moreover, the barriers to entry are lower than ever before. Lower-cost, more efficient Cloud computing is less expensive and more efficient than traditional computing in a number of ways. With cloud services, organizations only pay for what they use; they

Planning Your Online Banking Migration

Financial institutions have vast stores of data about their customers. As systems become outdated, needs evolve, and/or regulations change, banks often have to move this critical data from one system to another. In fact, data has to be migrated any time a bank installs a new server or software platform. To avoid losing critical data or hampering access to it, banks need to have a strategy and plan in place before starting the migration process. Lessons learned from other FIs Experience has

Bridging the Technology Gap Between the Front and Back Offices

As banks increasingly focus on customer experience, they are seeking to work around legacy back-office systems that often impede digitized customer journeys. These legacy systems are core systems and thus not easily replaced—a total replacement can be likened to a human heart transplant. Rather than take this radical step, financial institutions are replacing existing services incrementally, over time, thanks to newer technologies like open APIs and microservices.

Why Financial Institutions Should Embrace Architecture Assessments

An organization’s technology infrastructure is vital to its success. Just as we humans should take an annual physical exam, a company’s architecture needs to be periodically assessed to ensure its health. An effective architecture assessment can determine whether a company’s current technology stack can support and advance its needs and objectives—including cost, performance, scalability, and other objectives—and whether changes should be made.

Money 20/20 Recap: Open Banking, AI, and Fintech Partnerships

This year at Money 20/20 USA, William Mills Agency – a public relations and marketing firm for the financial industry – interviewed the Xtensifi team about the biggest themes and takeaways of the conference.  In the video recap below, CEO George Kelley shares his thoughts on Open Banking, AI, and the relationship between banks and fintechs. You’ll also hear from EVP Brandon Kunz on the mobilization of data and the Money 20/20 Hackathon.