NETSOL Announces Launch of Hubex API Library
May 09 2023 - 8:30AM
NETSOL Technologies, Inc. (Nasdaq: NTWK), a global
business services and enterprise application solutions provider,
today announced the launch of Hubex, an API library that enables
companies to standardize all their API integration procedures
across multiple API services through a single integration. Hubex is
NETSOL’s second product offering from the AppexNow marketplace
following Flex, an API-based, ready-to-use calculation engine.
In addition to traditional lending companies, Hubex can also
streamline the operations of dealerships, vendors, and consultants
through an API library. Our comprehensive ecosystem of suppliers is
constantly growing, offering new services to expand coverage. With
a ready-to-use service, Hubex makes it easy for businesses to
seamlessly connect with multiple APIs and achieve their desired
outcomes. Pre-integrated services in the Hubex library include but
are not limited to payment processing, bank account authentication,
finance and insurance products, fraud check, KYC service, driver
license verification, address validation, vehicle valuation and
notification service.
“AppexNow is the first marketplace offering solutions developed
specifically for the global credit, finance and leasing industry
built on API-first strategy,” said Najeeb Ghauri, Founder and CEO
of NETSOL Technologies, Inc. “Hubex, our second product launched as
a part of the AppexNow marketplace, offers an efficient and
streamlined approach to integrating various APIs through a single
integration. With a developer-friendly, plug-and-play system, users
can easily connect their applications to multiple third-party
providers through a standardized integration process and without
the need for extensive development resources. We are excited to be
launching another product under the AppexNow umbrella and look
froward to further expanding this platform.”
“With the launch of Hubex, we are addressing the market's
greatest need for integration and relationships with third-party
service providers,” said Peter Minshall, Executive Vice President,
NETSOL Technologies Americas. “Our API-first approach minimizes the
financial and human resources required for integration, resulting
in reduced person-hours and costs. Additionally, users can be rest
assured that their integrations will remain up-to-date, as Hubex
automatically manages updates from third-party providers. Overall,
the cloud-based API library offers a professional and reliable
solution for simplifying the integration process and optimizing
workflow efficiency. Once deployed, we also offer a dedicated team
of consultants to support customers with more customized or complex
integration needs.”
NETSOL will showcase its API-first products at Automotive Retail
2023 on May 16th and 17th at MGM Grand, Las Vegas, USA. To explore
Hubex, please visit: www.hubexengine.io.
About NETSOL TechnologiesNETSOL Technologies,
Inc. (Nasdaq: NTWK) is a worldwide provider of IT and enterprise
software solutions primarily serving the global leasing and finance
industry. The Company’s suite of applications is backed by 40 years
of domain expertise and supported by a committed team of more than
1750 professionals placed in eight strategically located support
and delivery centers throughout the world. NFS, LeasePak, LeaseSoft
or NFS Ascent – help companies transform their Finance and Leasing
operations, providing a fully automated asset-based finance
solution covering the complete leasing and finance lifecycle.
Forward-Looking StatementsThis press release
may contain forward-looking statements relating to the development
of the Company's products and services and future operation
results, including statements regarding the Company that are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those projected. The words
“expects,” “anticipates,” variations of such words, and similar
expressions, identify forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, but their
absence does not mean that the statement is not forward-looking.
These statements are not guarantees of future performance and are
subject to certain risks, uncertainties, and assumptions that are
difficult to predict. Factors that could affect the Company's
actual results include the progress and costs of the development of
products and services and the timing of the market acceptance. The
subject Companies expressly disclaim any obligation or undertaking
to update or revise any forward-looking statement contained herein
to reflect any change in the company's expectations with regard
thereto or any change in events, conditions or circumstances upon
which any statement is based.
Investor Relations Contact:
IMS Investor Relations(203)
972-9200netsol@imsinvestorrelations.com
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