Ninth Wave

85% of finance leaders say they would switch banks if offered a direct ERP-to-bank connection.  That’s not just a preference—it’s a mandate. Ninth Wave conducted new research with 200 corporate finance and accounting professionals to understand their perspectives:  > 82% would increase their loyalty to their bank with direct connections.  > 81% would expand the number of services they use from their bank.  > On average, teams save 5+ hours per week when integrated directly. The message is clear: Corporate clients want real-time balances, secure money movement, and seamless ERP integration—and they’re willing to change banking partners to get it. For banks, this is both a risk and an opportunity:  > Preserve relationships with your most valuable clients.  > Grow revenue by offering more services.  > Improve customer satisfaction with a seamless, modern experience.  Ninth Wave has been helping banks deliver direct, secure connections for years—across NetSuite, Oracle, SAP, Microsoft Dynamics, and more. Read the report: https://lnkd.in/ghmUxYKS #OpenBanking #CorporateBanking #ERP #Fintech #CustomerExperience #NinthWave 

Narmi, a digital banking technology provider, has partnered with Ninth Wave, a leading provider of enterprise open finance connectivity, to offer community banks and credit unions seamless, secure, open finance connectivity. https://lnkd.in/gCkDwwPE

Narmi and Ninth Wave have partnered to bring secure, seamless open finance connectivity to community banks and credit unions. This collaboration empowers institutions to deliver modern digital banking experiences with enterprise-grade security, giving customers more control, more convenience, and more confidence in their financial data. #OpenFinance #DigitalBanking #FintechPartnership #CommunityBanks #Narmi #NinthWave

We are excited to welcome Henry Wong, CISM, CISSP, CDPSE, CEH to Ninth Wave as our new Head of Information Security!   Security is a core pillar of our products and services, and Henry brings over 20 years of experience that will strengthen our commitment to empowering financial institutions and enabling secure data exchange. His background working within financial institutions also ensures we continue to deliver client-centric solutions that meet evolving needs.   Please join us in giving Henry a warm welcome to the team! #ninthwavers #infosec #security #team #newopportunities #onboarding #growth #secure #dataexchange #OpenBanking #OpenFinance

We are excited to welcome Joseph Herrera as the new Head of Delivery Services at Ninth Wave!   Joseph will be leading our API integration delivery operations with a strong focus on customer-centric methodologies that are core to Ninth Wave’s mission.   A seasoned leader with over 20 years of experience in delivery and support services, Joseph brings a wealth of knowledge and a proven track record of driving operational excellence. His leadership will be instrumental as we continue to evolve and scale our delivery capabilities.   We are delighted to have him on the team!

Ninth Wave introduces its next-generation Portal, enabling banks to confidently monitor, manage, and monetize open finance data sharing. With advanced analytics and Fintech Registry™ capabilities, financial institutions gain full visibility and control—transforming data exchange into secure, strategic value. #NinthWave #NinthWavePortal #OpenFinance #BankingInnovation #DataMonetization #APIs #FinancialServices

Vintage ad that never saw the light of day - however it seems quite relevant today. This is not a dating platform. But it is about finding the ultimate connection. Here’s the kicker: This ad was created in May 2021. Back when “data monetization” was still mostly a whisper. Fast-forward to 2025, and the headlines are loud: - Banks are reasserting control over data - Aggregator models are being questioned - JPMorganChase is openly discussing monetizing bank data We saw this coming. And we built for it. 🔗 Ninth Wave is the secure open-finance infrastructure that puts banks—not aggregators or apps—in control of the data economy. Permissioned access Real-time orchestration Full governance and visibility Embedded finance, without losing control The world is finally catching up to what we believed several years ago: The future of finance is permissioned, embedded, and bank-led. Because the best connections aren’t one-way. #OpenBanking #OpenFinance #EmbeddedFinance #CFPB #AlwaysForward

Discover how Open Banking helps banks boost retention, improve service quality, and meet corporate clients where their business lives.

Ninth Wave Launches Managed Services Division to Accelerate Open Finance Adoption We’re excited to launch Ninth Wave Managed Services — a new business unit designed to help financial institutions deploy open and embedded finance capabilities faster, more securely, and with less operational friction. What we’re delivering: - API-first ERP integrations with NetSuite, Sage, Microsoft Dynamics - Embedded, real-time payments powered by entitlement-driven workflows - Enhanced wealth data connectivity for high-net-worth households - Co-branded developer portals and go-to-market support to drive adoption Built for banks embracing modern, API-first platforms, our Managed Services combine deep technical know-how with regulatory expertise and a proven Plan, Build, Operate delivery model — all focused on getting institutions live in under 90 days. Whether you're modernizing core infrastructure or launching new digital products, Ninth Wave Managed Services is here to get you integration-ready, faster. Learn more: https://lnkd.in/e2S6XJhE #OpenFinance #EmbeddedFinance #DigitalBanking #Fintech #BankTech #ERP #APIs #RealTimePayments #NinthWave

Well, this didn’t age very well. I picked this sticker up at the Financial Data Exchange Global Summit last April when our community was buzzing with activity given looming compliance dates for Tier 1 banks. Last Friday, the Consumer Financial Protection Bureau filed a motion for summary judgement with the US District Court, asking to vacate the Personal Financial Data Rights rule aka Section 1033 of Dodd-Frank. What went wrong? - 2008 financial crisis begins in 2007 triggered by subprime mortgages and other risky loans - Section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act was enacted in 2010 - In 2016 the CFPB issued a request for information on its open banking rule - In October of 2020 the bureau released an advanced notice of proposed rulemaking (ANPR) - Four years later to the day, in October of 2024, the CFPB led by Rohit Chopra published the final rule known as the Personal Financial Data Rights Rule (PFDR) - Lawsuits were filed the same day by the Kentucky Bankers Association (KBA) and the Banking Policy Institute That’s 16 years after the 2008 Financial Crisis and 14 years after publishing the Dodd-Frank Act. Time kills deals. To add insult to injury, the PFDR provided 5 tiers of compliance dates ranging from April 1, 2026, through April 1, 2030. A full 22 years after the 2008 crisis. Unreal. By the way, depository institutions holding less than $850 million in assets don’t have to comply. Does that mean customers of those institutions don’t matter? Would this not be selective enforcement of a rule? At this point, it’s hard to be surprised. We called this early. The community simply wasn’t ready. Technical specifications lacked clarity, there was no compliance testing framework, and no well-defined process around reporting for key metrics like uptime, denial-of-service, or performance standards. Between the CFPB delays, litigation, and a general lack of urgency the rule collapsed under its own weight. But here’s the good news. At Ninth Wave, we’re not yet seeing banks back away from their data-sharing initiatives and Open Finance. In fact, most see it as a strategic opportunity and not a compliance burden. Inarguable benefits include: - Control third-party access - Learn from data flows - Deepen trust with consumers, households, and businesses - Cut legacy costs - Perhaps Monetization? (more to come – stay tuned) The Ninth Wave Platform is already built to meet the spirit and goals of 1033, and we’re moving forward as planned. Smart banks know that getting ahead of this isn’t about compliance. It’s about owning and delivering on the experience. Those who delay too long may find themselves part of someone else’s platform strategy, or even balance sheet.   Curious to hear your thoughts. Please drop a comment or reach out – happy to share what we’re seeing and brainstorm on how we can all work to build a better ecosystem every day! #OpenBanking #OpenFinance #EmbeddedFinance #EmbeddedBanking