Partnership emphasizes the value of APIs to access accounting data in real-time, enabling FIs to improve the services offered to their small and medium-sized business (SME) clients
NEW YORK, NY / ACCESSWIRE / October 19, 2022 / ForwardAIa fintech that provides aggregated access to accounting and business data and analytics, today announced its partnership with FinTech automation, a financial technology company that enables fintechs and traditional financial institutions (FIs) to offer various embedded finance and banking-as-a-service products. Through the partnership, FinTech Automation will adopt ForwardAI’s premium API for seamless access to a complete suite of accounting data platforms for its clients.
The partnership enables FinTech Automation to leverage ForwardAI’s Precise API to access critical financial data points and analytics from over 17 accounting software companies – instead of having to rely on one-time code-heavy links to individual vendors. ForwardAI’s Precise API is fully integrated with Fintech Automations AccelerationCloud, a middleware engine that integrates the UniFi platform with over 30 third-party partners. UniFi provides fintechs, banks and non-traditional FIs with a cloud-based, API-driven core, enabling a complete suite of banking and wealth management applications.
“In moving from the information to the digital age, how the information moves and is processed is as important as the data itself,” said David Park, CEO and founder of FinTech Automation. “As an OEM partner of FinTech Automation’s platform, ForwardAI empowers our customers by providing cost-effective and seamless integration to access accounting data. This allows them to directly authorize data and insights through our ecosystem to support their decision-making processes.”
“We are thrilled to partner with FinTech Automation, who share our vision to provide an intelligent, embedded financial ecosystem for financial institutions, lenders and fintechs to better serve their (SMB) customers.” so Nick Chandy, CEO and co-founder of ForwardAI. “As traditional methods of data collection and access become increasingly obsolete, open financial technology provides a more reliable, seamless alternative for both financial institutions and their customers. Our technology provides Fintech Automation with a premium API for integrated access to accounting and financial data that is both easily scalable and normalized.”
ForwardAI will showcase its technology and capabilities at Money 20/20 USA in Las Vegas, NV from October 23 to 26, 2022, at booth 1245.
About ForwardAI
ForwardAI provides aggregated accounting and business data and is trusted by companies in 48 countries worldwide. ForwardAI’s technology makes it easy to gain more insight and control over financial information with a complete suite of accounting data solutions for large enterprises such as banks, lenders and fintechs, as well as accountants, financial advisors and small businesses. Precise API facilitates modern enterprise and developer technology solutions, including powerful add-ons that proactively engage and retain enterprise customers for the long term. Simplifies accountants and bookkeepers with tools that help them directly manage and support small business cash flow. To get started or learn more, visit ForwardAI.com
About FinTech Automation
FinTech Automation is a Dallas-based Fintech as-a-Service platform that enables digital transformation for financial institutions (FIs). The platform consists of FTA’s proprietary UniFi Banking, Trust and Wealth Management core applications and 7 microservices-based applications that offer a complete suite of banking and wealth management applications. With FTA’s API management application, AccelerationCloud, the platform is integrated with over 30 best third-party applications to provide business intelligence, Open Banking, CRM, machine learning, digital account opening and robotic process automation without having to code a single line. The FTA platform is uniquely built for banks, fintechs and FIs offering Bank Sponsorship, Banking as-a-Service (BaaS), AdviserTech, Card Issuing and Embedded Finance.
www.FinTechAutomation.com
Contact info:
Philip Jago
1-929-255-5652
[email protected]
SOURCE: ForwardAI
