PORTX


Associated tags: ACH, FedNow, Software, Professional Services, Finance, Fintech, Banking, Cloud-based integration, Data Management, FIS, API, Cryptocurrency, Networks, Integration platform, Applications, Payments, Apps, Mobile phone

Locations: WASHINGTON, UNITED STATES, NORTH AMERICA, AFRICA, HUMMINGBIRD

PortX and eXate Elevate Financial Data Security and Compliance with Strategic Partnership

Retrieved on: 
Wednesday, April 3, 2024

This groundbreaking collaboration aims to bolster financial data security and regulatory compliance across the banking sector, with a special emphasis on enhancing data protection for financial institutions' increasingly complex data ecosystems.

Key Points: 
  • This groundbreaking collaboration aims to bolster financial data security and regulatory compliance across the banking sector, with a special emphasis on enhancing data protection for financial institutions' increasingly complex data ecosystems.
  • Through this partnership, PortX will integrate eXate's Data Protection Platform into its robust IPaaS solution, offering financial institutions a powerful toolset for comprehensive data security and compliance management.
  • The eXate platform sits at the intersection of data privacy, data protection, data residency, and fine-grained access controls, protecting data at rest, data in motion, and data in use.
  • By enforcing data protection effectively, eXate ensures that financial institutions can maintain the highest standards of data security and compliance.

PortX and LendAPI Announce Partnership to Accelerate Digital Lending for Financial Institutions

Retrieved on: 
Thursday, February 29, 2024

PortX, a leading integration technology company offering financial institutions (FIs) rapid innovation with open access to core data via its Integration-Platform-as-a-Service (IPaaS), announced a new partnership with LendAPI, an innovative provider of digital lending solutions.

Key Points: 
  • PortX, a leading integration technology company offering financial institutions (FIs) rapid innovation with open access to core data via its Integration-Platform-as-a-Service (IPaaS), announced a new partnership with LendAPI, an innovative provider of digital lending solutions.
  • Through this partnership, PortX integrates LendAPI's advanced digital lending platform with its IPaaS solution, enabling FIs to streamline their loan origination and account opening processes.
  • LendAPI distinguishes itself with a highly adaptable platform that offers real-time custom credit scoring and variable setting capabilities for tenants.
  • “Joining forces with PortX represents a transformative step for the digital lending sector,” Timothy Li, CEO of LendAPI.

PortX and Hummingbird Partner to Streamline Compliance and Regulatory Technology for Financial Institutions

Retrieved on: 
Tuesday, February 6, 2024

This strategic alliance aims to significantly ease the process for financial institutions (FIs) to leverage Hummingbird’s robust compliance platform.

Key Points: 
  • This strategic alliance aims to significantly ease the process for financial institutions (FIs) to leverage Hummingbird’s robust compliance platform.
  • "We are excited to add Hummingbird to our rapidly growing network of connected fintechs," said David Wexler, CEO of PortX.
  • "Our mission at Hummingbird is simple – fight financial crime," said Joe Robinson, CEO of Hummingbird.
  • Designed to streamline anti-money laundering, fraud, customer due diligence, and other compliance workflows, Hummingbird allows financial institutions to drive efficiency – without sacrificing accuracy or compromising on risk.

PortX and Plaid Announce Partnership to Fast-Track Data Access and Innovation for Financial Institutions

Retrieved on: 
Wednesday, January 10, 2024

PortX, the leading financial infrastructure and integration technology company that provides open access to data and drives innovation for financial institutions with its Integration-Platform-as-a-Service (IPaaS), announced a strategic partnership with Plaid, the data network powering the digital financial ecosystem.

Key Points: 
  • PortX, the leading financial infrastructure and integration technology company that provides open access to data and drives innovation for financial institutions with its Integration-Platform-as-a-Service (IPaaS), announced a strategic partnership with Plaid, the data network powering the digital financial ecosystem.
  • The alliance between Plaid and PortX marks a pivotal moment in the financial technology sector, combining the expertise of two industry leaders to revolutionize how financial institutions harness data for innovative products and services.
  • “Partners like PortX transform banking infrastructure for financial institutions, aiding them in digital transformation and enabling rapid innovation.
  • It sets the stage for more active participation in open banking initiatives, where financial data is shared securely through APIs.

PortX Partners With Abrigo to Reduce Lending Inefficiencies for Financial Institutions

Retrieved on: 
Wednesday, October 4, 2023

PortX , the premier provider of financial infrastructure and integration technology, has announced a strategic partnership with Abrigo , the leading technology provider of compliance, credit risk, and lending solutions for financial institutions.

Key Points: 
  • PortX , the premier provider of financial infrastructure and integration technology, has announced a strategic partnership with Abrigo , the leading technology provider of compliance, credit risk, and lending solutions for financial institutions.
  • This partnership highlights PortX's commitment to delivering innovative financial integration solutions via its Integration-Platform-as-a-Service (IPaaS) and Abrigo's continuing innovation of their Loan Origination Platform.
  • This partnership will allow users to board back to the core using the PortX software, speeding up the lending process and increasing secure data management.
  • "FIs need innovative, secure, and compliant banking solutions to stay competitive," said David Wexler, CEO of PortX.

Financial Integration Startup PortX Secures $16.5 Million in Series B Funding

Retrieved on: 
Wednesday, September 27, 2023

PortX, a leader in integration and open banking for community financial institutions and fintechs, announced today the successful close of its Series B funding round, securing $16.5 million, co-led by FUSE , a Pacific Northwest-based venture capital firm, and Curql , a collective of forward-thinking credit unions.

Key Points: 
  • PortX, a leader in integration and open banking for community financial institutions and fintechs, announced today the successful close of its Series B funding round, securing $16.5 million, co-led by FUSE , a Pacific Northwest-based venture capital firm, and Curql , a collective of forward-thinking credit unions.
  • They are joined by BankTech Ventures , EJF Capital , and the Btech Consortium - all financial services-focused investment firms representing nearly 200 community financial institutions.
  • Today’s announcement comes one year after the company secured $10M to close its Series A funding .
  • With the infusion of Series B funding, PortX is set to accelerate its role as a game-changer in financial services, focusing on several transformative initiatives.

PortX Announces Partnership with Prelim to Streamline Connectivity and Enhance Digital Banking Experience for Financial Institutions

Retrieved on: 
Thursday, July 27, 2023

This alliance will leverage PortX's Open Banking API to standardize and streamline connectivity to more FI customers.

Key Points: 
  • This alliance will leverage PortX's Open Banking API to standardize and streamline connectivity to more FI customers.
  • Prelim's open banking technology is the digital layer between the bank and its customers, and empowers financial institutions to digitize their services, enhance efficiency, and deliver exceptional customer experiences.
  • Prelim supports over 100 financial products; thus, working with PortX enables us to offer our customers an even more seamless digital banking experience that is integrated with their cores."
  • Together, they are poised to drive innovation, enhance efficiency, and revolutionize the customer experience for financial institutions.

PortX Announces Partnership with MeridianLink to Enhance Digital Lending for Financial Institutions

Retrieved on: 
Wednesday, June 28, 2023

PortX , the financial infrastructure and integration technology company that delivers open access to data and rapid innovation for financial institutions (FIs) through its Integration-Platform-as-a-Service (IPaaS), announced a new partnership with MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies.

Key Points: 
  • PortX , the financial infrastructure and integration technology company that delivers open access to data and rapid innovation for financial institutions (FIs) through its Integration-Platform-as-a-Service (IPaaS), announced a new partnership with MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies.
  • PortX has added the integration with the MeridianLink® One platform in order to increase value for customers looking to transform their digital lending.
  • MeridianLink's cloud-based solutions enable customers to build deeper relationships with consumers through data-driven, personalized experiences across the entire lending life cycle.
  • PortX's platform will enable FIs to integrate MeridianLink's digital lending and account opening solutions into their existing systems quickly and seamlessly.

PortX and Identifee Join Forces to Simplify Banking Core Connection and Enhance Personalized Customer Experience

Retrieved on: 
Wednesday, June 21, 2023

This collaboration aims to empower financial institutions (FIs) with innovative solutions that enhance customer engagement and drive revenue growth.

Key Points: 
  • This collaboration aims to empower financial institutions (FIs) with innovative solutions that enhance customer engagement and drive revenue growth.
  • This comprehensive platform can save customer-facing representatives over 10 hours per week while providing automated actionable insights to customers and prospects.
  • Vigen Ismailyan, CEO of Identifee, added, "Our partnership with PortX opens up exciting new possibilities for FIs.
  • By leveraging PortX's seamless connection capabilities, Identifee can effortlessly integrate with an FI’s existing systems, providing them with our turnkey solution.

PortX Announces Integration Manager 2.0 to Transform Digital Core Banking Integration with Advanced Features

Retrieved on: 
Thursday, June 8, 2023

PortX , the financial infrastructure and integration technology company that delivers open access to data and rapid innovation for financial institutions through its Integration-Platform-as-a-Service (iPaaS), announces the release of version 2.0 of its Integration Manager product, a significant update packed with advanced features tailored to streamline your operations and elevate control over your digital core integration.

Key Points: 
  • PortX , the financial infrastructure and integration technology company that delivers open access to data and rapid innovation for financial institutions through its Integration-Platform-as-a-Service (iPaaS), announces the release of version 2.0 of its Integration Manager product, a significant update packed with advanced features tailored to streamline your operations and elevate control over your digital core integration.
  • Integration Manager 2.0 provides FIs with powerful, API-driven process automation that reduces the workload on internal staff and supports a broad range of solutions unavailable from core vendors.
  • Self-service deployment platform: Now, deploy your applications easily and independently, leveraging a full suite of self-service features.
  • Now, assign a much smaller range of IPs, or even opt for a dedicated IP address according to your needs.