Urban FT's X-35 fintech core gives financial institutions a centralized technology hub to integrate, as well as manage third-party solution providers, according to a company release.

The core can be accessed through API, or SDK, and provides a full end-to-end digital customer experience, requiring minimal capital expense and providing maximum speed to end-users for digital banking, opening accounts, transferring funds and card portfolio products.

The X-35 can also create user-driven products and works with any size or type of fintech.

"FIs needn't limit themselves to just catching up to their competition, but rather, they need to look at ways they can leapfrog the competition entirely," Richard Steggall, CEO, Urban FT said in the release. "We founded Urban FT with the vision of giving our clients the means to dream big and deliver exceptional, and that's exactly what X-35 does. This approach of delivering a fintech infrastructure natively, like an Amazon web services for FIs, means FIs benefit from the continuous efforts of our R&D team. FIs can digitize nearly every interaction they have with their customers while significantly compressing the number of implementations, systems, and platforms they need to outpace the competition."