How they describe themselves: FI.SPAN is a cloud-based bank API services management platform that allows banks to deploy new business banking products and services rapidly to their corporate customers. We curate (and pre-integrate) 3rd party FinTech solutions, which banks can use alone or in concert with their internal capabilities to develop new/upgraded products and services for their business banking customers. The platform enables the creation of RESTful API endpoints allowing banks to selectively expose products and services to existing or new channels. We also provide pre-built connectivity to leading ERP/accounting platforms to help banks open up the ERP/accounting systems as a new banking channel for corporate customers and automate customer on-boarding.
How they describe their product/innovation: FI.SPAN will be demonstrating the corporate customer experience once the FI.SPAN plug-in has been enabled and two-way real-time connectivity between the corporate customer’s ERP/accounting system and the bank has been established. We will be demoing how a business customer can pay vendor bills in the ERP and have the fulfillment information automatically reconcile within their ERP. We will also show how a bank product manager can use both internal capabilities (wire and ach) alongside external FinTech products in order to compose new banking products. You will see how we take bank APIs from abstract concepts to powerful business banking customer experiences.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Bus. Dev., Press & Sales: Clayton Weir, Strategy Lead & Co-Founder, email@example.com, 604-424-9090