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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Category: Fintech
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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The Credit Union’s Handbook: Navigating Jack Henry’s SymConnect to SymXchange Migration
The clock is ticking with Jack Henry’s planned sunset of SymConnect in 2024, driving the need to prioritize your Credit Union’s migration strategy to SymXchange. This guide aims to be your strategic companion, offering planning tips and high-level directives for a smooth transition from SymConnect to SymXchange and for setting up SymXchange efficiently. By leveraging […]
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Modernizing ACH: How Financial Institutions Gain Efficiency, Control, and Flexibility Over a Legacy Payment System
Automated Clearing House (ACH) is a payment standard developed by Nacha, and The Federal Reserve and The Clearing House Electronic Payments Network (TCH EPN) operate compliant ACH networks in the US. Often bundled in large batch files, ACH is utilized in commonplace financial transactions in the US, such as bill payments and paychecks, due to […]
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The Death of Best of Suite in Community Financial Institutions
How often do you ask yourself, “Why can’t our FI keep pace with the product offerings of our larger competitors?” Multiple factors are at play when it comes to speed to market for new products. However, the “elephant in the room” for the majority of community FIs is the dependency on one important vendor… The […]
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Every Financial Institution Needs This Indispensable Role – 5 Super Powers of the Product Manager
in Fintech , IT Management
In the increasingly competitive banking landscape, there lies an often overlooked yet vital role that directly impacts the success of every product and service a financial institution (FI) offers – the product manager. Lack of ownership, indecisiveness, poor communication, reactive mentality, and ineffective technology management can be common in the financial services industry, leading to […]
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