An uncalculated or delayed response to market demands can have disastrous effects on a financial institution’s business operations. The same can be true if your financial institution isn’t prepared to react to rapid growth. How do you future-proof your organization, and what does that look like in financial services? This blog serves as an introduction […]
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Automating ACH: Banks and Credit Unions Eliminate Rejected Files and Slash Error Handling by Half
The Automated Clearing House (ACH) network, established by Nacha and operated by The Federal Reserve and The Clearing House Electronic Payments Network, serves as a crucial infrastructure for managing electronic payments and collections in the U.S. Despite its reliability for handling transactions such as bill payments and direct deposits, the traditional ACH system is confronting […]
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Payment Manager Automates Wire Transfer Process for Regional Bank – Saving Time and Reducing Errors
This use case examines how a regional bank utilized PortX’s Payment Manager to revolutionize its wire transfer process, transitioning from a labor-intensive system fraught with redundancies and errors to a streamlined, automated solution. The Challenge The bank faced significant challenges in its wire transfer process. Tedious, manual steps involving multiple data re-entry and verification procedures […]
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Banking Experts Reveal: Top Integration Mistakes for Banks and Credit Unions to Avoid with Fintech Partners
I interviewed two of our sales team leaders, Nick Paoloni and Alex Paoloni, cousins who have worked in the fintech integration space for over 20+ years. My goal was to understand better how banks, credit unions, and fintechs currently think about integration and how they can avoid the cringe-worthy, innovation-stifling, point-to-point architecture that is prevalent […]
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Integration Manager 2.1 Update – SSO, Automated Provisioning, VPN, and No-Code Advancements
Integration Manager continues to evolve as a leading solution for financial institutions (FIs) aiming to streamline their digital core banking integration. Building on the successful launch of version 2.0, we’ve released Integration Manager 2.1, which brings enhancements designed to simplify API development and management for banks and credit unions, enabling them to rapidly adapt to […]
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Embedded Finance in Enterprise Resource Planning (ERP) Systems – A Competitive Edge for FIs
We interact with innovative financial institutions (FIs) on a daily basis, examining and assessing the embedded finance model. At PortX, our experience in integrating enterprise resource planning (ERP) tools has led to several discussions with our customers about creating new business lines that allow FI services to be directly embedded into a corporate customer’s ERP […]
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4 Hot Topics in Banking Integration for Financial Institutions
Daily conversations with leaders from banks and credit unions have resulted in unique insights into the evolving landscape of banking integration. Every discussion reveals a fascinating, rapidly changing world where technology and customer expectations reshape how financial institutions (FIs) operate. In this blog, I’m excited to share a few hot topics dominating our conversations this […]
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5 Must-Read Blogs of 2023: Insights for Financial Institution Leaders
in AI , API Management , Banking Core Integration , Fintech
I’m constantly inspired by our team members’ innovative thinking and insights. Reflecting on 2023, I want to highlight five thought leadership blogs from our employees (and one from me) that every financial institution leader should read. Each blog presents crucial advancements and ideas reshaping how our financial institution (FI) customers operate and innovate. As this […]
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4 Best Practices for Integrating Fiserv with Communicator Open and an Integration-Platform-as-a-Service
Communicator Open represents Fiserv’s latest advancement in API services. This offering provides a contemporary and standardized set of APIs compliant with Open API guidelines, designed specifically for Fiserv’s three major cores: Premier, Signature, and Precision. Unlike Fiserv’s prior API solutions, like SOA and Communicator Advantage, Communicator Open is exclusively available as a cloud-based service, significantly […]
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