Banks & credit unions typically are hindered by legacy back-end core banking systems, technologically inflexible closed systems unable to change quickly.
Banks & credit unions typically are hindered by legacy back-end core banking systems, technologically inflexible closed systems unable to change quickly.
NXTsoft is proud to announce that Peter Inge, Vice President of Finance, is being recognized as a Birmingham Business Journal ‘Rising Star in Money!’
Despite all these efforts, the liquidity concerns for banks remain. How many loan payments will be missed? Which loans will need to be modified or extended, and which will default? How much will deposit accounts be drawn down to offset income interruptions? Will there be additional circumstances that might trigger a run on deposits?
Welcome to OmniTalk FI powered by NXTsoft. I’m your host, Amy Rice, and OmniTalk FI is a podcast focusing on fintech and how it affects banks and financial institutions. We’re going to talk to Shelba Murphy, SVP of Sales for NXTsoft
NXTsoft is offering our Compliance Education courses – perfect for financial institutions. The training library includes video-based compliance courses that are animated to maximize retention.
If you previously found the interaction with the E-tran system to be time consuming and painful previously, NXTsoft has a solution that can minimize the amount of time you and your staff spends trying to process your customers’ PPP loans through E-Tran system.
We hope that you, your family and your employees are safe and healthy during this COVID-19 Pandemic. At NXTsoft we are doing our part to flatten the curve and fully transitioned our workforce to work from home since March 16th.
Today, core-banking platforms offer active integrations and services to be able to allow for better integration. At the end of the day, financial institutions though, even with these APIs, are still responsible for integrating third party vendors into their core-banking platforms.
It is more important than ever to set up your fintech or financial institution to be as automated and digitally accessible as possible.
When you go to a financial institution to open a checking or savings account, a representative may obtain a consumer report from companies that track checking account related information.
OmniConnect CARES Queue Streamlines the PPP Loan Submission Process for Financial Institutions
NXTsoft announces the CARES Connector solution which will allow financial institutions to automate the processing of SBA Economic Injury Disaster Loans into their core and other critical servicing channels.
NXTSoft has developed some frequently asked questions to address the concerns of lending agencies who may now be able to originate these new SBA loans.