Finxact Introduces No-Code Product Launchpad for Core Banking APIs

On December 21, 2021, Finxact introduced its Product Launchpad, a no-code visual tool built on its cloud-native core banking platform. The Launchpad enables banks to create, configure, and deploy financial products through a visual interface without requiring custom code. Products built on the platform are API-accessible, making them suitable for embedded finance use cases where third-party platforms need to integrate banking services.

Key features include real-time position-keeping and extensible product models that allow banks to customize attributes and behaviors. The tool is designed to dramatically reduce the time-to-market for new deposit and lending products. By lowering the technical barrier for product creation, Finxact positions its platform as infrastructure for banks looking to participate in the BaaS and embedded finance ecosystem.

The launch reinforces the trend of core banking modernization as a prerequisite for embedded finance delivery.