MCLEAN, Va. (PRWEB) November 08, 2017
Acumen Solutions, a global cloud consultancy, today announced Open Banking: FinTech Connect - built on the Salesforce Lightning Bolt framework for the Financial Services industry. Lightning Bolt solutions are designed for a wide variety of business and vertical industry needs, and are now available on the AppExchange. Open Banking: FinTech Connect is a pre-built Salesforce Community solution that empowers companies to accelerate the creation of communities, next-generation portals and customer-facing websites.
The consumer demand for digital banking applications is growing quickly, and the number of third party application providers, referred to as FinTechs, is exploding. Not surprisingly, investment in FinTech has soared in the last decade from $930M in 2008 to over $12B in 2015, according to Forbes. To supply FinTech firms with the information that they need, banks must create APIs that allow those firms to securely and reliably use banking information to fuel their applications. In order to meet the growing need, banks are shifting technology resources from building customer applications themselves to monetizing their data and demonstrating their banking capabilities to FinTech consumers. This partnering strategy supports revenue growth and capture of new markets at a lower cost.
Acumen Solutions' Open Banking: FinTech Connect solution provides banks with a turnkey private FinTech engagement platform that features partner onboarding, lead sharing, developer support, and API analytics. The solution allows banks to drive more revenue from their API investments by streamlining the partner capture process, supporting new and mature FinTech developers, and automating workflows triggered by API trends.
“Acumen Solutions’ Open Banking FinTech Connect will be a critical tool and capability to ensure organizations that leverage an API strategy have optimized their channel and revenue growth," said Paul Lanzoni, Regional Vice President at Salesforce. “We are thrilled that Acumen Solutions has a solution that transforms how banks connect with their partners in the Financial Services industry.”
“Open Banking isn't optional anymore,” said Shally Bansal Stanley, Managing Director at Acumen Solutions. “We’re helping our banking customers embrace FinTech partners and support mutual success. Consumers have better applications, FinTech partners flourish, and banks better monetize their investments in open banking infrastructure. It’s a win-win-win.”
Acumen Solutions is a Titanium sponsor at Dreamforce 2017, the most inspiring technology event of the year and the world's largest gathering of Trailblazers. Acumen Solutions is exhibiting at booth #801 in the Customer Success Expo, showcasing its new Open Banking: FinTech Connect Lightning Bolt solution.
Built on the Salesforce Platform, Open Banking: FinTech Connect for Salesforce Lightning Bolt is currently available on the AppExchange at https://appexchange.salesforce.com/listingDetail?listingId=a0N3A00000EJcq5UAD.
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About Salesforce AppExchange
Salesforce AppExchange, the world’s leading enterprise cloud marketplace, empowers companies to sell, service, market and engage in entirely new ways. With more than 4,000 solutions, 5 million customer installs and 70,000 peer reviews, it is the most comprehensive source of cloud, mobile, social, IoT, analytics and artificial intelligence technologies for businesses.
Salesforce Lightning Bolt
Salesforce Lightning Bolts are partner solutions built on the Salesforce Lightning enterprise application framework. Bundling apps, business processes and communities into one complete package, Lightning Bolts empower companies to accelerate the creation of communities, portals and customer-facing websites. Leveraging the deep industry knowledge of the Salesforce partner ecosystem, each Lightning Bolt is curated for a specific industry and business process.
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Learn more about Lightning Bolts: https://www.salesforce.com/products/community-cloud/features/accelerate-customer-collaboration/?d=7010M000001y7Oh
About Acumen Solutions
Clients choose Acumen Solutions for one simple reason: our experience delivers success. Joining forces with our clients, our teams of strategists, subject matter experts, and engineers solve problems that can’t be fixed by technology alone. As a Salesforce Global Strategic Partner, the Fortune 500 trust us to build solutions that grow revenue and strengthen customer relationships. Our groundbreaking solutions in the public sector streamline operations and improve productivity. We apply the same expertise to our unparalleled social responsibility program, generating sustainable impact across our local communities.