Stephen Baker, CEO Embracing innovation is one of many ways financial institutions stay ahead of their competition. Kinective is a company that has positioned itself as a game-changer in the fintech space, offering comprehensive connectivity solutions to help financial institutions digitalize and revamp their banking operations.
This pioneer in the digital transformation space provides the tools clients need to embrace innovation and differentiate themselves in the market. Through smarter software integration and API connectivity, theyempower financial institutions and fintechs to accelerate transformation efforts. They have a game-changing connectivity platform that breaks down integration barriers, unlocks new service possibilities, and enhances an FI’s competitive edge.
Kinective recognizes the need for financial institutions to choose the right partners and integrate their solutions seamlessly into its core systems, with approximately 81 percent of FIsviewingFintechs as the best strategy to digital transformation, innovation, and the driver of future success. The company exists to solve banking’s biggest challenges by providing the most open and connected platform to scale innovation faster and allow banks and credit unions to focus on what really matters – providing the best client experience.
“Our mission is to deliver access to innovation in banking. Through connectivity with best-of-breed fintech solutions, we break down barriers, accelerate progress, and unlock new possibilities,” says Stephen Baker, CEO of Kinective.
The firm leverages five key solutions categories to ensure FIs have the latest and most relevant solutions.
1.API Connectivity: Connect fintechs to banking cores to provide a consistent member experience across all channels. No more lengthy and expensive system overhauls—enhance and extend your existing infrastructure with ease.
2.Document Automation: Bring your front-office and back-office together with a robust e-signature platform that enables end-to-end digital transactions and more efficient business processes.
3.Teller Workflow: Streamline cash handling and optimize the foundational technology behind modern branch experiences.
4.Data and Analytics: Actionable cloud-based, business intelligence suite to analyze and manage risk, provide visibility across technology, and forecast day-to-day cash use.
5.Data Connectivity: Expedite data connectivity for core conversions, legacy data migrations, or other events—with minimal staff involvement at a lower cost than doing it yourself.
The company’s competitive edge stems from three main factors. Kinective offers financial institutions the freedom to choose from over 80+ fintech providers that are integrated to 99 percent of US banking cores. This complete access to fintechs, use cases, and integration capabilities drives efficient implementation and market speed. Recognizing that many financial institutions lack extensive in-house development resources, Kinective is committed to providing turn-key assistance to clients.
Our mission is to deliver access to innovation in banking. Through connectivity with best-of-breed fintech solutions, we break down barriers, accelerate progress, and unlock new possibilities
Secondly, Kinective’s team deeply understands the banking industry, including its drivers and challenges. Through research and analysis, Kinective has set up their solutions to solve these mainobstacles that seem to be prevalent for FIs.
•Limitation of system, technology, and provider choice
•Escalated costs due to inefficiencies
•Friction caused by rising consumer expectations
•Disparate systems that limit service offerings
•Lack of flexibility in banking technology
•Difficulty attracting and retaining rockstar talent
Their expertise lies in integrating fintech solutions seamlessly into existing systems and cores, delivering tailored solutions quickly, and optimizing client outcomes. With Kinective, you only needone connection to stay ahead of the competition with comprehensive market choice, multi-channel capabilities, and full-feature functionality of the solution of your choice. Kinective’s culture centers around being the company they would want to hire, which involves intimately understanding client needs and being other-centered, prioritizing client success and solving real-world issues.
And finally, Kinective’s commitment to delivering value is evident in its achievements. With three Fintech Product of the Year awards, Kinective has consistently proven its ability to solve real problems for financial institutions. Serving over 2,500 customers across all 50 states, the company has established itself as a trusted partner for transformation in the banking industry.
