Banking Fintech News

Urban FT Launches Industry’s First ‘FinTech Core’ to Centralize FinTech Infrastructure Into One Tech-Hub

Urban FT Launches Industry’s First ‘FinTech Core’ to Centralize FinTech Infrastructure Into One Tech-Hub

The X-35 FinTech Core™ gives financial institutions a centralized technology hub to integrate with and manage their third-party solution providers.

Urban FT Group, Inc., one of the most progressive and successful FinTech companies serving the Banking and Payments industry, announced the launch of the X-35 FinTech Core™, an API-first, developer-friendly, and cloud-based technology hub that sits alongside of, and is connected to, a Financial Institutions (FI’s) existing Banking Core or Payment Processor.

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X-35 is agnostic by design and allows the consolidation of any and all FinTech solutions an FI wants to ingest into one centralized platform.

X-35 is agnostic by design and allows the consolidation of any and all FinTech solutions an FI wants to ingest into one centralized platform, enabling streamlined API integration while being accessible as part of one vendor relationship that’s governed by one contractual relationship.

It’s been designed to empower any FI, regardless of size or type, to rapidly and frequently create and deploy truly innovative, user-driven products that speak to their customers’ ever-evolving needs seamlessly, and without the prohibitive expenses they previously faced.

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“As small to mid-sized financial institutions look to regain their share of the Banking and Payments market, they know that it ultimately comes down to leveraging their connection to their communities by supporting them with innovative product and service offerings. These FIs needn’t limit themselves to just catching up to their competition, but rather they need to look at ways they can leapfrog the competition entirely,” said Richard Steggall, CEO, Urban FT. “We founded Urban FT with the vision of giving our clients the means to dream big and deliver exceptional, and that’s exactly what X-35 does. This approach of delivering a FinTech infrastructure natively, like an Amazon Web Services for FIs, means FIs benefit from the continuous efforts of our R&D Team. FIs can digitize nearly every interaction they have with their customers while significantly compressing the number of implementations, systems, and platforms they need to outpace the competition.”

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