Skip to content

Ikpce – Be Creative and Productive

Menu
  • Home
  • Health
  • Finance
  • Your voice
Menu

An All-in-One Banking & Payment Platform: Fintech Platform as a Service

Posted on February 8, 2022February 13, 2022 by Perez

The fintech platform as a service seeks to circumvent the international barrier by holding the company’s bank accounts in several key developing countries, including financial reserves used by it to make small transfers.

The platform transfers the funds locally from the company’s accounts in the destination country to its customers’ accounts, which are located at the banks with which it operates in cooperation, thus saving the company time and transfer costs. Once in a while, the company makes a large transfer, designed to make sure it has enough funds in its accounts worldwide for the benefit of day-to-day operations.

Blanking Platform

The banking platform itself consists of three main layers: the app for end customers on the one hand, and a system that interfaces with the various entities that work with. Between them, behind the scenes, is the core business: a cold-banking system, which functions like an accounting book that documents all the transactions that are made through the fintech platform as a service.

Algorithms

Algorithms scan the database to detect anomalous financial behaviors that may pose a risk on the one hand and to detect reasonable anomalies that need not be blocked on the other. If the information is organized in a way that allows the company to generate detailed reports on the financial activities carried out through them then they are required to do so for the banks they work with, for the regulator, and for customers – the application includes analysis of customer account usage, funds sending habits, and budget management tips.

The Provided services extend from using the credit card when you arrive in the country, to services like paying bills, paying children’s, mortgages and loans. “.

Recent Posts

  • Local Handyman In Lewisville, TX– The New Deal In Self-Sufficiency
  • What is the recommended dosage for Delta 8?
  • The Role Of Caffeine In Energy Drink Supplements And Its Effects On The Body
  • Can CBD Gummies Help You Get a Good Night’s Sleep?
  • Which factors contribute to snoring? And What to Do to Stop It?

Archives

  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • February 2018

Categories

  • Auto
  • Business
  • Career
  • Digital Marketing
  • Education
  • Entertainment
  • Fashion
  • Finance
  • Fitness
  • Food
  • Games
  • General
  • Health
  • Home
  • Law
  • Pet
  • Shopping
  • Sports
  • Technology
  • Travel
  • wedding

Event Calendar

February 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728  
« Jan    

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
© 2023 Ikpce – Be Creative and Productive | Powered by Superbs Personal Blog theme