Finastra announced yesterday the addition of four new retail banking apps on its marketplace FusionStore. The app was first built in the end of last year and includes innovative saving, spending control and personal finance management services. They use open APIs through the FusionFabric.cloud development platform.
The apps include:
Flybits, а contextual customer engagement platform for banking, enables financial institutions to release context from data.
Deborah Beatty, VP of Partnerships at Flybits, commented:
Using FusionFabric.cloud’s pre-integrated developer tools and API catalogue, we will be able to easily deploy our solution with Finastra clients. Combining our industry-leading approach to contextual personalization with Finastra’s core technologies enables us to bring highly relevant and timely experiences to customers, increasing engagement and loyalty, and allowing banks to own lasting relationships through improved service and value.
Predictive Engagement Platform from KapitalWise – the app uses AI to predict more than 60 events in a customer’s lives to motivate one-on-one customer engagement.
Neil Patel, Chief Growth Officer, KapitalWise, stated:
Being a part of FusionFabric.cloud, we have gained access to a new partnership channel reaching Finastra’s customer base of more than 9,000 financial institutions. This gives us the ability to empower more financial institutions to provide their customers a hyper-personalized experience by offering the right solution at the right time.
Honeyfi – a personal finance app that assists couples in managing their money together.
Ramy Serageldin, Co-founder & CEO of Honeyfi Inc., said:
Sharing your life with a partner means planning for the future. Honeyfi empowers couples to get ahead with their finances, making it easier to save and pay off debt. Having access to Finastra’s APIs through the FusionFabric.cloud platform, as well as a comprehensive validation process, has helped us make our vision a reality and take it to market much more quickly than otherwise possible.
FinGoal – a financial insight service, powered by AI. It finds money and grows deposits driving consumers to reengage with their financial institutions on daily basis. The AI technology analyzes spending patterns and ensuring users are getting the best offers everywhere they spend money.
David Nohe, CEO of FinGoal, noted:
With FusionFabric.cloud, any financial institution or fintech that wants to connect with customers on a deeper level can easily access FinGoal’s AI to grow deposits.
Eli Rosner, Chief Product and Technology Officer, Finastra, commented:
Eli Rosner
These apps are testament to both the importance of collaboration and the power of data in financial services. With the use of Finastra’s APIs and the intelligent application of transactional and third-party data, these apps bring much sought after experiences to consumers, helping financial institutions deliver on the promise of innovation through collaboration.
FusionFabric.cloud opens up Finastra’s core systems to any firm or developers with the dream of bringing new solutions to the financial services ecosystem. Each app made available through FusionStore is further proof that collaboration really is the future of banking.