Leverage our pre-configured digital core banking system solution to streamline operations and conserve valuable time and resources. Specifically designed to support fintech businesses and digital banks, our software encompasses crucial payment and banking features, such as opening current accounts, managing customer transactions, and optimizing overall processes.
Tailored to Meet Your Business Requirements
Comprehensive Deployment Options & Solutions
A robust core banking software should offer diverse deployment options and solutions to align with your specific needs, including SaaS, source codes, or a Software License.
- Expedite market entry with a solution featuring built-in integrations through a cost-effective subscription SaaS model.
- Utilize a software license for large-scale core banking developments.
- Attain complete independence from the vendor by managing developments and customizations in-house through the purchase of source codes.
- Begin with a SaaS solution and transition to a software license or acquire source codes for full autonomy.
Providing a Holistic Solution for Your Digital Bank
The core banking software solution should offer a comprehensive package with a range of outstanding features for digital banking.
- Various integrations with currency exchange providers, card issuers, KYC/AML service providers, banks, payment service providers, and more.
- An efficient back-office application for seamless transactions and customer management.
- White-label end-user web applications and mobile apps.
- Connectivity to open banking features through cutting-edge APIs.
Extensive Scope for Customization
Rather than providing just the basic building blocks, the solution should be fully customized and tailored to your business, enabling:
- Integration of new services, features, and other extensive customizations.
- Customization of modules and fields to meet all your digital bank requirements.
- Modification of processes and workflows to align with your specific needs.
- Creation of a custom white-label banking and mobile app UI for a unique brand identity.
Effortlessly Manage Clients, Transactions, and Applications
Customer Applications & Management Tool
This tool simplifies the tracking of client activities and data, enabling fintech companies to seamlessly manage new customers and applications. You should be able to:
- Review, approve, or decline all customer applications.
- Open personal/business/multi-currency accounts and create dedicated current account IBANs.
- View lists of customers and assign each their specific status.
- Allow/block features and assign rights with ease.
Payment Processing & Management
The processing and management of CHAPS, FPS, SEPA, SWIFT, and internal payments are streamlined, offering ready-to-use integrations with payment service providers/3rd party providers. When dealing with international payments, the core banking software solution should automatically convert the currency via API and employ ready-made integrations with currency exchange and liquidity providers. You should be able to:
- Approve or deny incoming/outgoing payments.
- Determine payment rules, e.g., create auto-payments and others that require mandatory verification.
- Set specific commission fees for each payment type.
- Manage mark-ups/rates and set the base currency.
The Comprehensive Accounting System
The accounting system should deliver multi-currency, real-time financial transaction accounting in adherence to International Financial Reporting Standards (IFRS). It should encompass various functions, covering your digital bank’s financial operations and back-office accounting management:
Features for financial account management during tax periods and everyday operations, such as setting up a general ledger and chart of accounts, and the management/reconciliation of your bank’s vostro/nostro accounts.
Precise reporting for your accounting department, providing a complete overview of your operations and financials gained from a snapshot. These highly-detailed reports offer great insight for enhancing your financial planning and forecasting.
Enhance your decision-making abilities with accurate real-time information and financial solutions for greater stability and improved performance.
Compile comprehensive reports needed for financial services regulatory purposes.
Adherence to Regulatory Requirements
Some must-have features to meet regulatory requirements:
- The solution should offer a manual verification onboarding module and integrated KYC/AML tools, and automations to streamline the process.
- The solution should be compatible with various transaction monitoring/screen tools.
- SCA (Strong Customer Authentication) and PSD2-compliant, our software provides a secure digital banking/fintech application—OTP/MAC Generator—ensuring payment signing and authentication are carried out with unparalleled security while allowing you to retain ownership of the customer journey.
- Easily adaptable and customizable in response to changing regulations.
BaaS-Ready Solution
Ensure that your solution is BaaS-ready, seamlessly connecting with various BaaS providers or offering such functionality.
Access a variety of banking services through our BaaS Service Provider marketplace or connect to new ones.
Tailor your solution by selecting only the services you need, connecting to as many BaaS providers as your business requires.
Manage legal provider agreements while we handle all your integrations and technical requirements.
Comprehensive Functionality Package
Multi-Currency Accounts
Initiate multi-currency business and customer current accounts, each equipped with dedicated IBANs.
SWIFT/SEPA & Other Payments
Effortlessly manage a variety of payment types, including CHAPS, SWIFT, SEPA, FPS, and internal payments.
Currency Exchange
Provide customers with automatic currency conversion through a seamless currency exchange API, leveraging ready-made liquidity and currency exchange provider integrations.
Debit Cards
Enhance customer convenience by offering physical or virtual debit payment cards branded with your logo for easy spending and purchases.
General Ledger & Financial Accounting
Experience real-time, multi-currency financial transaction accounting in strict adherence to International Financial Reporting Standards (IFRS).
Customer Onboarding and Management
Effectively attract and manage customers by granting access, creating profiles, streamlining document flow, and processing applications with ease.
KYC & AML
A regulatory-compliant solution designed to manage risk, ensure compliance with regulations, and prevent money laundering.
Fees & Tariffs
Utilize our module to set up various tariffs, including standard, customer-specific, customer group, and agent bonuses assigned to customers.
Reporting & Analytics
Empower both back-office managers and other users with reporting and analytics tools to generate visually compelling reports. Easily view, review, and print important data in various configurations.
Permissions, Roles & Rules
Configure roles and permissions for digital bank employees, customer management, and activities/transactions. Assign different permissions and rules, allowing customers to manage their roles seamlessly in mobile and web banking.