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
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.
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
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
Financial institutions once viewed fintechs as a threat to their business, but banks are increasingly recognizing the value of partnering with them. Because they are smaller and nimbler, fintechs can typically innovate much faster than banks can. In a fast-moving marketplace, this dexterity can lend banks a competitive advantage. The key to success lies in identifying the right fintech partner. What to look for To lay the groundwork for selecting a fintech, banks should first evaluate their own products and services to
The ability to open financial accounts digitally—online, via mobile device, or (preferably) both—is in high demand among bank customers. The traditional account opening process is usually a cumbersome one that requires a visit to the branch to close the deal. But today’s customers—especially younger ones—are branch-averse and want to do their banking activities online. It stands to reason, then, that banks currently lacking digital account opening capability should seriously consider adding it soon.
– Accelerates credit union and fintech ability to deploy services for credit union members – ATLANTA , August 8, 2018 – Xtensifi, a digital consulting firm that enables financial institutions to create and execute their mobile and online strategies, announced the availability of its Xtensifi Tile Accelerator Program (XTAP) for the Constellation Digital Platform, an open digital banking platform provided by Constellation Digital Partners (Raleigh, N.C.), a leading credit union service organization (CUSO). The Constellation Digital Platform is unique in