Avoka, a digital banking transformation solutions company, has announced the creation of Avoka Exchange, which is a catalog of pre-integrated fintech applications, to be launched during Finovate Fall 2016 conference in New York City from September 8-9.
According to the official release, Avoka Exchange aims to extend the power of Avoka’s core product Avoka Transact which is a digital business platform for companies planning to build competitive advantage around mobile and digital customer acquisition.
“We’re accelerating digital transformation for financial institutions. Using Avoka Transact and the pre-integrated Exchange partners, a bank can deliver an account opening or loan origination experience with mobile imaging, identity verification and eSignatures in weeks, not months or years,” Derek Corcoran, Chief Experience Officer at Avoka said.
Key partners of Avoka Exchange include Mitek Systems, LexisNexis Risk Solutions, eSignLive by Vasco, and ChexSystems QualiFile. These companies’ services have already been integrated into customer transactions delivered by Avoka.
“We’re honored to join Avoka Exchange and continue delivering customer acquisition tools that reduce application abandonment and mitigate the risk of fraud,” Sarah Clark, general manager, Identity Solutions at Mitek said.
Avoka Exchange makes it easier and quicker for banks to acquire customers over digital channels. The Exchange reduces disruption in digital transformation, thus maintaining continuity with existing processes. The first public demo of Avoka Exchange will be revealed on September 9 and will be led by Derek Corcoran.
Avoka accelerates customer-centric digital transformation in financial services, government, and other industries. Founded in 2002, the company has digitized more than 100 million transactions for 150+ global clients. Avoka is located globally having offices in Denver, London and Sydney.
