BIRMINGHAM, Alabama, March 5, 2020– NXTsoft (www.nxtsoft.com), a company focused on delivering secure data solutions to the market space announced today a partnership with Little Rock Ark. based BankLabs (www.banklabs.com). BankLabs delivers market-leading construction loan and payment software as well as other products that generate new fee income, attract deposits and create new loan volume for institutional lenders.
BankLabs will utilize NXTsoft’s OmniConnect API Suite to offer secure, direct integration into core banking general ledger systems for real-time distribution of construction loan funding. This integration with the OmniConnect API Suite will offer BankLabs customers an automated service to reduce human error associated with manual entry or general ledger adjustments.
“NXTsoft’s OmniConnect solutions provides BankLabs an array of data integration points to best serve the industry with end to end digitization of processes,” said Matt Johnner, president and co-founder of BankLabs.
BankLabs is one of the many market leaders that NXTsoft is partnering with as they continue to successfully execute a strategy of API and data access outside of the traditional LOS markets.
“NXTsoft is pleased that our OmniConnect solution will offer BankLabs an expedient way to connect their construction loan automation solution with the financial institutions for which it was designed, providing meaningful lower operational cost with this enhanced automation,” said Rich Longo, president of NXTsoft’s Omni platform.
About NXTsoft
Headquartered in Birmingham, Ala., NXTsoft focuses on secure data-centric offerings that help companies secure, connect and optimize data. The company’s Omni platform is focused on API data access and conversion or migration solutions for financial institutions, while the ThreatAdvice platform provides cybersecurity solutions for companies and organizations of all types. For more information visit www.nxtsoft.com, email info@nxtsoft.com or call 1-800-915-3381.
About BankLabs
The mission of BankLabs is to reimagine banking products for the future through community-oriented technologies that create new fee income, attract deposits, expand loan opportunities and differentiate the financial institution from competitors. BankLabs believes that community banking is a way of doing business, not a size, location or traditional definition. For more information, visit www.banklabs.com.
For more information contact:
Kris Bishop, chief revenue officer, NXTSoft, 800.915.3381, kbishop@nxtsoft.com
Matt Johnner, president and co-founder BankLabs, 214-208-0436, matt.johnner@banklabs.com
