Tagged: finaxct

March 10, 2022 @ 5:51 pm By Omar Faridi  |  

Finxact, a provider of the next-gen core banking platform to the US regional and super-regional banking sector, announced that its technology is available to financial institutions to run on Google Cloud. In the five years since its launch, Finxact has become a key player in… Read More

February 8, 2022 @ 11:39 pm By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services tech, announced that it entered a definitive agreement to acquire Finxact, Inc., the developer of the Cloud-native banking solution that is “powering digital transformation throughout the financial services sector.” The transaction advances the… Read More

September 8, 2021 @ 11:08 pm By Omar Faridi  |  

Finxact, an established Core as a Service banking provider, reveals that Live Oak Bank, a small business bank, has converted its retail and commercial deposit accounts to the Finxact Core. The conversion serves as an inflection point for the sector with a $8 billion+ banking… Read More

August 10, 2021 @ 10:37 pm By Omar Faridi  |  

Finxact, a Core as a Service banking provider, reveals that First Horizon Bank, the super-regional bank based in Memphis, Tennessee, has converted its VirtualBank brand from its legacy core to the Finxact Cloud-core. The conversion represents a key milestone for the new era of Cloud… Read More

March 31, 2020 @ 10:36 am By Omar Faridi  |  

One, a digital banking startup that aims to provide financial services mainly intended for middle class workers, has chosen Finxact, which is a leading software-as-a-service (SaaS)-based core banking solution. Established by Bill Harris, the former CEO at PayPal and Intuit, One will use Finaxct to… Read More