Fintech systems that meet regulatory requirements

The company waits on the systemRequirements reviewed before development

Developers build to their own vision, compliance sends back change requests, and each one starts a new round of approvals. Months go by, sometimes a year, while salaries still have to be paid every month.

We review the regulator's requirements before development starts and agree them with your compliance team, so the system does not go round in circles of changes.

The money does not add upEvery transaction reconciled

A provider sends one payout for a whole batch of transactions, already net of fees and reserves, and every provider handles refunds and disputes in its own way. Get one fee rule wrong, and the gap grows for months.

Fees are calculated for every transaction by your rules, and every transaction is reconciled with the provider's report. A discrepancy shows up at once.

A payment gets stuckPayment status visible at once

The money has left the client's account but never reached the recipient. The provider is silent, the transaction sits in a pending status, and you find out about it from a customer complaint.

The status of every transaction is visible in logs and metrics, so your team notices a stuck payment before the client does.

A provider declinesThe payment goes to another provider

If the system cannot reroute a payment to another provider, the payment is simply lost. And connecting each new provider turns into a separate project.

If one provider declines a payment, the system sends it to another on its own. A new provider is connected as a separate module.

Data at riskStorage as the regulator requires

You hold your clients' personal data and you are responsible for their money. If something leaks or goes missing, you are the one explaining it to clients and the regulator.

Your clients' personal and payment data is stored the way the regulator requires.

The system is a black boxEvery action is recorded

Who changed a limit and why a payment failed has to be worked out by hand. Those are exactly the questions regulators and auditors ask.

The logs show who changed a limit and why a payment failed, so you have ready answers to inspectors' questions.