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XTM Completes its 2.0 Fintech Platform

XTM, a Toronto-based Fintech company in the neo banking space, providing mobile banking and payment solutions around the world is pleased to announce the completion of its 2.0 Fintech Platform after a year of development.  The enhanced platform and mobile app have every feature you would expect in a neo banking app including transaction tracking, balance reports, e-Transfer, bill-pay, card-to-card transfers, card to bank, suspicious activity notifications and more.

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Enhancements in the platform include:

  • Cloud based PCI compliant architecture allowing for quick scale
  • Multi-language, time-zone and multi-currency support
  • Publicly published APIs to facilitate rapid integrations
  • Upgraded security
  • Updated UI/UX for portals and mobile apps
  • Lending and adjudication engines facilitating overdraft and other credit offerings
  • Closed loop capabilities allowing programs such as CaliCard in the US to launch
  • White label solution enabling quick to market solutions for resellers
  • Multiple POS integrations that will be announced shortly
  • Multi-bank and multi-processor integrations allowing for quick launch and rollout
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With seven of the 10 largest restaurant chains, five of the largest pizza delivery chains including Dominos and Boston Pizza, the largest personal care salon chain and the largest sports and entertainment group all on-boarded, the Company believes this new platform will keep pace with the explosive growth already experienced and soon coming with the re-opening. 

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“Version 2.0 represents the cohesive work of a team committed to excellence,” said Chad Arthur, XTM’s Chief Technology Officer. “It’s the culmination of all the very best practices established through a decade of building world-class Fintech applications.”

“As a Fintech company, we invest heavily in our technology roadmap; in innovation,” said Marilyn Schaffer, CEO of XTM.  “We will continue building on a great user experience. We are grateful for our community and for the trust and patience they’ve demonstrated as we continue to mature our product offering.”

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