Most financial institutions (FIs) still rely heavily on core providers like Fiserv, FIS, or Jack Henry for integrating system applications. This blog explores the inherent challenges of this prevalent approach, including the additional costs and lack of transparency often associated with it, known as ‘blackboxing.’ We’ll also introduce how an Integration-Platform-as-a-Service (IPaaS), like PortX, offers […]
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Top 5 Integration Challenges and Solutions from 100+ Financial Institution Customers
We’ve identified the five most demanding areas of integrating diverse systems, including cutting-edge fintech, dynamic payment platforms, sophisticated lending systems, banking cores, and legacy applications from our work with over 100 bank and credit union customers. These insights do more than just spotlight the challenges confronting financial institutions; they have also shaped PortX’s focus in […]
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New DataSonnet Debugger Boosts Efficiency, Reliability, and User-Friendly Data Mapping for Financial Institutions
in API Management , DataSonnet
We’re announcing the DataSonnet Debugger! DataSonnet is the open source, template-based data transformation language that PortX co-developed and contributed to Apache Camel and is built-in to Integration Manager. DataSonnet’s simple syntax, strong typing to prevent subtle errors, and helpful error messages allow even occasional programmers to learn and build powerful transformations. Introducing the DataSonnet Debugger […]
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Rating and Review: Integrating with Fiserv Portico Banking Core
Overview PortX plays a vital role in facilitating key integrations for our bank and credit union clients, leveraging a versatile API layer that accelerates the creation and deployment of innovative products and services. We have gathered valuable knowledge and insights from our extensive experience with various banking cores. This article presents insights on the integration […]
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Product Update: Integration Manager’s Newest Features and What’s Next
It’s already been a big year for Integration Manager, having released version 2.0 in June, and now we’re excited to share some additional updates to our integration platform for banks and credit unions. The latest release has innovative features designed to make your API development and management experience smoother and more efficient. Here’s what’s new […]
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PortX Achieves SOC 2 Type 2 Certification: Our Commitment to Privacy and Security Standards
in Announcements , Fintech
We are excited to announce that PortX has officially secured its SOC 2 Type 2 certification. This achievement builds upon the foundation set by ModusBox (PortX spun out of ModusBox in 2022), which earned the SOC 2 Type 1 certification. Here, we’ll cover the significance of this credential, how it impacts our customers, and the […]
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ChatGPT Use Cases for Banking: An AI-First Approach to Financial Services
Financial institutions (FIs) are undergoing rapid transformation, powered in part by the capabilities of AI and advanced language models like ChatGPT. As FIs look for ways to stay competitive, accelerate product deployment, and enhance service offerings, AI-first strategies have emerged as the pathway forward. This blog delves deeper into ChatGPT specifically, how it works, its […]
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Update From the CEO: What Our $16.5 Million Series B Means for Financial Institutions
BankTech Ventures and Curql join PortX Board of Directors Investors represent nearly 200 community financial institutions Formation of PortX’s Credit Union Service Organization (CUSO) strengthens our commitment to credit union customers I am excited to share my thoughts on PortX’s momentous news – the closing of our $16.5 million Series B funding round. Co-leading the […]
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AI and ChatGPT Accelerate Banking Integration and Fintech Deployment
Artificial Intelligence (AI), especially Large Language Model (LLM) technology such as ChatGPT, is helping financial institutions (FIs) save money and launch products faster. An AI-first integration approach also unlocks operational efficiencies, scalability, error reduction, flexibility and adaptability, simplified upgrades, security, and more. Here, we’ll share some of the ways we are helping our FI customers […]
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