Complete transparency
Both the FinTech and the bank have full visibility into the FinTech’s position at any time.
Benefits
Lower cost to serve
Forgo an expensive core banking system for a lightweight alternative.
Features
Ledger components
Full access to key information at your fingertips—customers, accounts, balances, transactions, relationships and more.
Optional ledger models
Choose from a leading ledger or shadow ledger, an asynchronous copy of your leading ledger from the primary ledger provider.
Always-on data availability
Engage in real time, 24 hours a day, 7 days a week, with no batch windows, including next-day analytics and AML transaction monitoring.
Reconciliation
Use end-of-day information from external systems to support day-to-day reconciliation processes.
Easy-to-use API
Interface with other systems—general ledger, payments, channels, etc.
Additional features
- Customer and account master
- Customer, account and product versioning
- Account templates
- Transaction immutability
- Pricing
- Transaction verification and authorization
- Recurring payments
- P2P payments
- ACH Payment Integration
- Remote deposit capture (RDC) integration
- Internal transfers
- Holds
- Reversals
- Return and error processing
- Restrictions
- Access limits
- Statements