Strunk Partners With FINSYNC To Help Financial Institutions Compete With Intuit

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Strunk is in the unique position of being able to bring solutions to our clients that will help community Financial Institutions combat the FinTech challenge.

FINSYNC is the only all-in-one payments platform that helps businesses get finances in sync, centralize control of cash flow, and get in sync with the right financial professional at the right time.

Banks & credit unions can grow in new and empowering ways by combining innovative software with unmatched services.

FINSYNC’s payments platform helps businesses centralize control of payments, automate accounting, process payroll, and manage cash flow, and connect with members of the FINSYNC Network for banking, financing, accounting and insurance needs.

In a recent annual shareholder letter, Jamie Dimon, JP Morgan Chase’s Chairman and CEO, called out the fact that software companies becoming banks themselves is an enormous competitive threat to the financial services industry.

The threat is not new or news. The bold terms, however, coming from the largest bank with presumably the largest software development budget, make it worth every other community financial institution taking notice and action.

Strunk wants to help financial institutions fight this threat with a competitive solution that is on budget. This is why Strunk is partnering with a special vendor who is well suited to help community banks and credit unions. FINSYNC is helping financial institutions of all sizes compete for commercial/business relationships and win. Their program is not only unique on that basis alone, but it requires no upfront investment or integration and can deliver a quick return on time.

· No cost

· Acquire more customers

· Increase revenue

· Improve retention

FINSYNC helps financial institutions counter the threat that is now Intuit’s QuickBooks becoming a bank, which is by itself an enormous competitive threat to the all-so-important relationships financial institutions have with business customers.

According to Dan Roderick, Strunk CEO, “The FinTech threat facing our industry is all too real. In his 40 years in banking he has never seen anything that has created a risk of this magnitude. Strunk is in the unique position of being able to bring solutions to our clients that will help community FIs combat the FinTech challenge.”

For more detail on the FINSYNC product and how Stunk is helping FIs compete, download the flyer.

Contact Info:
Name: Dan Roderick
Email: Send Email
Organization: Strunk
Address: 375 Northridge Road Suite 550, Sandy Springs, GA 30350, United States
Phone: +1-800-728-3116

Source: PressCable

Release ID: 89010183