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How Bankers Can Bridge the Digital Payments Gap from B2C to B2B

Financial institutions have come a long way in digitizing payments and payment processes, and many offer robust solutions for P2P (person to person/peer to peer) and B2C (business to consumer) payments. B2B (business to business) payments, however, are still dominated by checks and cumbersome processes, partly due to a technology

The Keys to Avoiding Vendor Lock-In

In today’s marketplace, technology develops at lightning speed, and the payments technology market is evolving especially fast. Financial institutions’ payment solutions need to keep up with this pace, yet many FIs cannot move nimbly to new capabilities because they are locked in with vendors through long-term contracts. A five- to

Xtensifi Announces New Development Center in Costa Rica

ATLANTA, August 21, 2018 – Xtensifi, a digital consulting firm that enables financial institutions to create and execute their mobile and online strategies, today announced plans for the addition of a development center in Costa Rica. Responding to increased market demand for its services, Xtensifi is growing its team of

Open Banking is Coming: How to Prepare

One of the hottest topics in banking these days is “open banking.” In open banking, banking data is shared through APIs (application programming interfaces) between two or more unaffiliated parties to bring enhanced financial services capabilities to the marketplace. Open banking is about to transform the financial services industry in

Moving to a New Commercial Online-Banking Platform: A Brief How-To Guide

Migrating from one commercial online banking platform to another is no small task. Some institutions make the move in one “big bang,” while others choose to migrate in phases. Whichever approach proves best for a particular financial institution, Xtensifi recommends being rigid about the process while staying flexible with delivery

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