Finxact and KPMG Announce Alliance

PRNewswireNovember 23, 20224 min

Finxact, a Fiserv company and a leading provider of the next generation core banking platform for the U.S. regional and super-regional banking sector, announced today its alliance with KPMG.  As part of the strategic relationship, KPMG will advise and help digitally transform clients on the Finxact platform.

“Universal Banks, transaction-focused banks, ambient banks and fintechs are each facing unique challenges today that must be addressed with modern infrastructure. Whether that challenge is to reach new markets, improve unit economics, or embed finance we are confident that with KPMG’s guidance and the Finxact platform we can help to enable new and winning digital experiences,” said Scott Huie, Financial Services Advisory Principal, KPMG LLP.

KPMG is helping financial institutions across the globe build resilience into their business models to adapt to the pace of market disruption and innovation that is becoming the new normal. According to the latest KPMG Pulse of Fintech H1’22, banks are aiming to meet the increased demand for new and unique digital experiences to retain and attract customers, and are looking to implement next generation core technology to achieve this. This new alliance will combine KPMG innovation, digital design and systems integration capabilities with Finxact’s next generation core banking platform to deliver differentiated customer experiences, enhance product speed-to-market and help improve cost efficiency. It will also enable banks to reimagine their operating models to compete nimbly and enter new markets.

“This period of transformation requires modernization,” said David Ortiz, Head of Partnerships at Finxact.  “KPMG understands the way this manifests uniquely for different banking business models.  Together we’re combining technology and expert guidance to help our clients adapt and thrive.”

Finxact is a high-performance, highly scalable, real-time banking platform that leverages an API-first extensible financial services model.  By accessing its open APIs and extensible components, banks and fintechs can develop, test and launch products at the speed required to meet customer expectations in today’s marketplace.

For more such Updates Log on to Follow us on Google News Fintech News


Leave a Reply

Your email address will not be published.


We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications

FintecBuzz, 2024 © All Rights Reserved