JACKSONVILLE, Fla., Oct. 3, 2018 /PRNewswire/ — Finxact, a leading innovator in Core as a Service banking technology, today announced it has launched the Finxact Adapter for Salesforce on Salesforce AppExchange, empowering banks and other financial services companies to leverage Financial Services Cloud to connect into the Finxact Core and access bank accounts directly for creating better customer experiences in banking and other financial services.
Finxact is the first and only core banking software vendor to partner with Salesforce as a core provider to Salesforce’s Financial Services Cloud.
“Consumers have grown to appreciate companies that understand what they’re looking for, and then shape their communications to be on target. That’s why one-size-fits-all messages and products are undermining banks’ relationships with their customers,” said Frank Sanchez, CEO and founder of Finxact. “The Finxact Adapter for Salesforce enables banks to be data-driven and customer-centric when it comes to not only sales and marketing, but also innovation. If you know your customers better, you’ll be able to build better banking products for them.”
In addition to a powerful banking CRM, Salesforce Financial Service Cloud allows banks to create a central customer repository that can bridge the customer gap between Finxact’s modern Core as a Service, and a bank’s legacy core system.
“We are happy to welcome Finxact onto AppExchange, as they provide banks and financial services companies a way to modernize their systems and legacy operations,” said Mike Wolff, SVP, ISV Sales, Salesforce. “The exponential growth of AppExchange underscores the enormous opportunity the entire Salesforce ecosystem has in creating cutting-edge solutions and driving customer success.”
Banks can use the Finxact Adapter for Salesforce for back office or call center services. It also includes features to open and fund accounts; address customer account and transaction-related questions; perform basic account maintenance; originate one time or recurring payments both intra and interbank; post transactions; and to view account activity.
About the Finxact Ecosystem Partner Program
Finxact’s Core as a Service Ecosystem Partner Program brings together best-of-breed partners who share Finxact’s vision of maximizing a bank’s agility both technically and commercially. The program was designed to accelerate collaboration with innovative banking technology providers and create a services ecosystem on top of the Finxact Core.
By leveraging Finxact’s modern architecture, partners are able to push the envelope with novel capabilities, providing their customers with long-term value and higher return on investment by reducing upgrade costs, obsolescence, and ultimately – vendor risk. The “plug-and-play” program is unique in that it is for vendors who want to deploy in the cloud on a native, real-time core service, and be auto-provisioned for banks wanting to do proof of concepts.
Finxact’s new partner program is open to all qualified independent software vendors who are selling to the U.S. banking industry. Qualified banks, vendors, and partners can also access their own sandbox using Finxact’s APIs at no charge, with a valid company email address and credentials at https://finxact.com/open-core-api.
About Salesforce AppExchange
Salesforce AppExchange, the world’s leading enterprise cloud marketplace, empowers companies to sell, service, market and engage in entirely new ways. With more than 5,000 solutions, 6 million customer installs and 80,000 peer reviews, it is the most comprehensive source of cloud, mobile, social, IoT, analytics and artificial intelligence technologies for businesses.
Salesforce, AppExchange and others are among the trademarks of salesforce.com, inc.
Finxact is innovating the first enterprise class Core as a Service platform with a completely event driven, Open Core API. The Finxact Core allows banks to seamlessly deliver new services for today’s omni-channel customer. The Finxact team has been at the forefront of banking software for 35+ years, revolutionizing the industry in the 1990s with the first real-time core banking solutions for Internet banks, and is now creating a new cloud-based core banking solution for today’s real-time, digital-first world. Learn more at www.Finxact.com.
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