We bring an innovative approach to the Banking as a Service (BaaS) relationship, designed to help small banks navigate the complexities of international markets. Our technology-driven solutions focus on compliance and customer service, offering a more refined model that addresses recent regulatory challenges. By managing customer onboarding and back-office processes, we enable banks to streamline operations and maintain direct regulatory alignment. This approach shifts the traditional BaaS framework towards a more balanced and compliant relationship, empowering banks to grow confidently in a shifting regulatory landscape.
Our solution enables banks to control customer onboarding directly, ensuring compliance with regulatory requirements and reducing risks highlighted in recent OCC consent orders.
With our technology-driven risk model, banks enhance their BSA/AML programs, mitigating the risk of non-compliance through accurate risk assessment and management.
By managing customer servicing and back-office processes, we reduce banks’ operational burdens, allowing them to focus on expansion without adding internal resources.
We handle complex international client servicing, reducing the need for banks to expand staff and ensuring operations are compliant and efficient.
We act as a specialized branch for our partner banks, focusing on acquiring and servicing international clients. Using innovative technology, we execute a customized customer risk model tailored to the international audience, adhering strictly to the bank’s policies and regulatory requirements. Also performing the functions of a “traditional” branch like customer services and account management, transaction processing, first level compliance and regulatory functions and as a liaison with the communities served. This enables banks to extend their reach into new markets without altering their risk profile or increasing operational costs.
Alternatively, we offer an embedded model that integrates our risk assessment and onboarding solutions directly into the bank’s existing commercial channels. With the flexibility of adding some, or all, of the operational functions we have within their own brand ecosystem. By embedding our solution, banks can directly target specific international markets, providing a consistent brand experience for their clients while maintaining compliance and minimizing risk and costs.
