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Banking as a Service

What is BaaS?

Banking as a service(BaaS) is an end-to-end process ensuring the overall execution of a financial service provided over the web. Such a digital banking service is available on-demand and operates within a set time-frame.

Advantages Of BaaS

  • BaaS platform built for digital banking and lending, it depicts the future of Banking.
  • BaaS platforms provide more financial transparency options by letting banks open up their APIs for third parties to develop new services.
  • Techy-savvy legacy banks can fend off the encroaching threat of Fintech by moving into the BaaS space to share their data and infrastructure.
  • Companies that integrate banking and payments services into their platforms benefit from streamlining their own operations (increasing speed and reducing cost).
  • Increased customer acquisition and retention due to better customer experience and access to a new revenue stream through deposit incentives.

Working With Us

Extensive Company Network

We form partnerships with our clients when working with us.

BancX Value Proposition

BancX is a modular as-a-service platform for banks, fintechs, lenders, and retailers to build or extend their offering to meet market demand. BancX offers flexibility, power, context, speed-to-market, and affordability to enable customers to win in the digital-first economy.

BancX microservices-driven platform offers:

  • Cloud Native: Built in the cloud and for the cloud.
  • Quick and easy to scale infrastructure without financial impact and supports hybrid cloud
  • Enables customers to launch, scale, accelerate products to market
  • Cost effective subscription models with ROI within 18 months
  • Simple, User Friendly, Familiar UI
  • Self Service with Customer 360 View
  • Widest Financial Services enablement platform (Core Banking/ Lending/ Payments)
  • Affordable – efficient cash flow management (month by month subscription)
  • Digitally enabling your business for your customers
  • Future proof your organisation - new releases every 3 weeks (always up to date)
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Card and Payments Value Proposition

Provision of full scale payment switch, card issuing and acquiring platform with pay-per-use pricing models

Customer Value Proposition

  • Instant customer on-boarding & account opening
  • Instant card issuing on Kiosks, by Agents and in-branch
  • Virtual and physical cards request via mobile
  • Customer self service on Mobile and Kiosks
  • Customer servicing by Agents
  • Rewards program for Customers, Agents and Merchants
  • Portal for customer and product management
  • Account opening and loan request management workflow
  • Card issuing workflow and card inventory management
  • Credit scorecard for loans
  • Loan and Grant distribution management with spend tracking
  • Billing and Collections
  • Fraud detection & prevention
  • Azure Cloud solution: fully managed and supported platform
  • Data extracts for customer insights & analytics

Our Parnters

Core Banking Application

Digital Wallet

Cards & Payments Gateway