This week, NETSOL Technologies announced the launch of Hubex, an API library that can enable 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 also can streamline the operations of dealerships, vendors and consultants through an API library.

With a ready-to-use service, NETSOL explained that Hubex is designed to make 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, F&I products, fraud check, KYC service, driver license verification, address validation, vehicle valuation and notification service.

NETSOL Technologies founder and CEO Najeeb Ghauri pointed out that the company’s comprehensive ecosystem of suppliers is constantly growing, offering new services to expand coverage.

“AppexNow is the first marketplace offering solutions developed specifically for the global credit, finance and leasing industry built on API-first strategy,” Ghauri said in a news release. “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,” Ghauri continued.

Peter Minshall is executive vice president of NETSOL Technologies Americas.

“With the launch of Hubex, we are addressing the market’s greatest need for integration and relationships with third-party service providers,” Minshall said “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,” Minshall went on to say.

To explore Hubex, visit: www.hubexengine.io.