Key Platform Capabilities
We are helping banks move closer to their customers and deliver new Fintech products to the right customers at the right time. Our Digital Banking platform and integration layer supports banks in their digital transformational journey faster than even their Fintech competitors.
MANAGING DIGITAL WALLETS
- Multi-level hierarchy
- Multiple wallets per account
- Single Currency
- Multiple Currencies
- Reward / Loyalty
- Crypto
- Corporate
- Parent Child
CARDHOLDER ENGAGEMENT
- Full life cycle management
- Create/suspend/close customer account
- Update customer info
- KYC black and negative list checks
- Integration with other onboard service providers
PROCESSING TRANSACTIONS
- All common transaction types (e.g. purchase, refund transfer, load, P2P, P2B, adjustment, chargeback FX conversion, QR Code)
- Open loop, closed Ioop
- All major payment networks domestic schemes, faster payments (ISO ZO0Z2)
CONVERTING & SPENDING VALUE UNITS & CURRENCIES
- QuickSpend allows for seamless purchased with non fiat units
- Satisfy transaction with balances from multiple wallets if needed based on preset safedraft order
- Real time in-auth value unit conversion
EARNING & BURNING REWARD UNITS
- Configurable calculations for earning of rewards
- Universal Redemption with no integration to merchant required
- Redemption at configurable rates per customer tier/customer
ISSUING & MANAGING CARDS & PAYMENTS
- Digital issuance; 1x/multi use virtual card
- Physical card
- Multiple card profiles
- Instant card block/unblock by customer
- Spend controls (e.g. trnx amount types, frequency, MCC, MID)
- Merchant controls (white & black list)
MANAGING
FEES
- Flexible fee config (e.g. trnx type/volume, CCY, fixed amount or 96age, sender or receiver, 1x/recurring)
- Multiple fee glans, assigned to customer tiers and/or per customer
- Versatile FX conversion margin setting by buy/sell CCY and CCV pairs.
MANAGING
RISKS
- Risk engine authorizing/ blocking trnx based on preset rules extensive set of config available
- Multiple risk levels, assigned to customer tiers (e.g based on KYC status) and/or per customer
- Event driven notification (e.g balance, trnx)
REPORTING & DATA ANALYTICS
- Built in reconciliation and account management reports
- Flexible time zones, settlement periods and cutoff setting management
- Add-on C4 database designed specifically for extensive reporting and data analysis
OTHER
- Bulk actions management (e.g. create acct, load payment/transfer, risk level/ spend control/fee changes)
- Auto load/sweep
- Interest calculation & crediting