Modernizing a critical payment reconciliation system processing $2B per day at a top-5 global processor
The nine trends driving the industry's shift and where providers are investing to stay competitive.
American Banker, 2026.
Discover how businesses across financial services have rebuilt core platforms, launched new products, and put AI into production with Praxent.
Praxent Decode reverse-engineered an end-of-life Delphi system reconciling $2B+ a day, for 100x less than traditional modernization.
NEWITY grew into the #1 SBA loan facilitator on a platform Praxent built, delivering $12B in capital to 125K small businesses.
DCI modernized two GoBanking features with a governed Claude Code workflow and grew AI adoption from 20 engineers to 56.
Delta-v Capital adopted Claude Cowork firm-wide, so a team managing $1.6B across 63 investments works beyond its headcount.
A professional liability provider rebuilt its 40-year-old core system on AI-recovered business logic, with zero downtime.
BlueStar launched a 401(k) robo-advisor app in 4 months with a 4.5 rating, then was acquired by Ameritas.
A major PBM platform serving 25M+ lives got transparent drug costs, a modular plan builder and a modern UI.
Players Health and Thread Bank launched SMB banking for youth sports in 5 months, onboarding $600K ARR in week one.
Open Lending got sub-second underwriting decisions and direct credit bureau integrations, launched 2 weeks early.
A lawyers' professional liability carrier made application and renewal turnaround 90% faster with digital portals.
Texas Mutual rebuilt its website and portal around six personas, cutting call volume 30% and lifting NPS to 80.
Locality Bank launched an AWS data lake, its first cloud-native workload, to unify customer data and automate reports.
Paybotic launched compliant commercial banking for cannabis businesses in 7 months with 8+ fintech integrations.
Meriwest Credit Union researched and redesigned its account opening journey, for a 33% boost in conversions.
Integris Group integrated its core systems and launched member and broker portals in 10 months, on time and on budget.
Akouba cut its SMB loan application by 60% and underwriting tasks by 32%, relaunching in 6 months.
Praxent's digital banking engineers help Nymbus deliver core banking implementations on time for its clients.
Dimensional's MyDimensional portal gives advisors AI-enabled search, real-time fund analytics and portfolio modeling.
Triad Financial Services moved its lending platform in-house to Azure microservices with new retail partner portals.
A medical claims platform rebuilt its Azure environment as code and passed HITRUST on the first submission.
Benefit Harbor's redesigned enrollment platform grew its sales pipeline 300% in 4 months and lifted participation 23%.
Procella Health's PBM platform was rebuilt for enterprise scale and reached market 2 years early, 8% under budget.
An established RIA wanted to reach young professionals that traditional wealth management had missed. See how Praxent designed and built alooola, a mobile app with robo-advisor trading and instant funding.