PortX to Launch Fintech Hub on AppMarket from Fiserv

Fintech Hub is a marketplace that provides Fiserv clients “rapid access to top fintech solutions, helping them attract new customers, boost efficiency, and increase competitiveness.”

It is said the partnership will streamline fintech integrations for financial institutions, accelerating their time to market and enhancing their ability to offer innovative services.

As a pre-integrated app on AppMarket, PortX’s Fintech Hub will provide Fiserv clients with a way to connect their Premier bank platform to a wide range of fintech solutions.

This will enable financial institutions to leverage their data more effectively, reduce costs, and improve operational efficiency.

By leveraging PortX’s pre-built connectors to Communicator Open, Fiserv clients are able to streamline third-party fintech connections with their Premier core while reducing vendor management requirements.

According to PortX, this will not only accelerate time to market but also significantly cut down operational costs.

“We’re excited to support Fiserv’s global vision for open banking through its Communicator Open initiative and helping banks and credit unions access best-of-breed fintechs in the market,” said David Wexler, CEO of PortX. “This collaboration highlights Fiserv’s innovative approach to serving its customers by maximizing the value of its product and proactively helping them to reduce costs.”

Niranjan Ramaswamy, VP of Open Finance at Fiserv, stated: “Having PortX Fintech Hub on AppMarket allows us to provide our clients with fast and cost-effective integration to a wide range of fintech solutions.”

“PortX will help streamline the integration process for our FIs and rapidly accelerate their ability to build innovative service offerings through our partners, setting a new standard for technology infrastructure.”