FinTech enablement company ENACOMM is partnering with Data Center Inc. (“DCI”), the privately-owned developer of iCore360® core banking software and iCoreGO™ digital banking technologies for community financial institutions, to provide API connectivity between the DCI iCoreGO online/mobile solutions and any other core processors. DCI will also leverage ENACOMM’s open API stack to empower current DCI iCore360 core clients to choose among other ancillary applications, payments processors and data aggregators of any type.
Sarah Fankhauser, president and CEO of Hutchinson, Kan.-based DCI, commented, “Thanks to our enhanced partnership with ENACOMM, core processor compatibility is no longer an issue for financial institutions who want to take advantage of our market-leading iCoreGO online banking and mobile banking technologies. ENACOMM’s open API digital gateway is like a universal adaptor that allows applications to ride on any core processor. This also means that DCI core customers have endless choices for ancillary applications.”
According to a recent American Bankers Association research study, the “inability to innovate due to core platform/provider constraints” was ranked as the number one threat to the growth prospects of respondents’ banks.
“ENACOMM built its open API digital gateway to give FinTech innovators and financial institutions of all sizes the ability to break through longstanding barriers and compete more effectively,” said ENACOMM CEO Michael Boukadakis. “Rather than being limited to a few applications that work with a specific core processor, banks and credit unions can now pick and choose the best available technologies for every process, such as DCI iCoreGO digital banking suite or the fraud prevention solution of choice.”
This year, ENACOMM’s open API digital gateway made it possible for a financial institution to utilize the iCoreGO online banking and mobile banking solutions on top of its non-DCI core processor. The test case proved that financial institutions can choose virtually any financial application, from any provider, with ENACOMM’s open API digital gateway, which overcomes the hurdle of core compatibility.
To find out more about ENACOMM’s FinTech solutions, go to www.enacomm.net. To learn more about Data Center Inc.’s iCore360® core banking software and iCoreGO™, visit www.datacenterinc.com.