Apiture Launches Business Insights via Monit Integration for Digital Banking

On April 6, 2023, Apiture announced the launch of Business Insights, a new digital banking feature built through integration with Monit, a cash flow intelligence platform. The feature provides U.S. banks and credit unions with embedded cash flow analysis, forecasting, and business health insights directly within their digital banking platforms. Apiture contributes the digital banking infrastructure while Monit provides the financial analytics and forecasting engine.

The integration supports embedded banking strategies by giving financial institutions richer tools to serve small business customers. Community banks and credit unions can offer these insights without building proprietary analytics capabilities. The partnership targets the growing demand among smaller financial institutions to compete with larger banks and fintechs on digital experience.

Financial terms of the partnership were not disclosed. The feature was made available to Apiture's existing network of bank and credit union clients.