Digital Banking
Cloud-Native. Agile. Fast Deployment.
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Differentiate & Dynamically Adapt
SPARK digital banking platform for high-quality and performance
DIGITAL LENDING
SPARK configurable Digital Lending product empowers end-users to apply for needed funds without visiting a banking branch or turning to another provider. Digital Lending provides an integrated digital back-end, to improve the lender efficiency. Generating and releasing a loan or transferring data to a digital banking system with SPARK platform is a real-time transaction. Digital Lending origination manages the entire loan lifecycle, from billing to payments, to collections, to general ledger.
OMNI CHANNEL
We can help FinTech operators to gain market share and to improve their customer acquisition via digital channels. SPARK has been built to be scalable. reliable with exceptional capabilities to support B2B operators to increase market share and cross-sell to their customers. Besides marketing and strategic planning, we can facilitate the use of dynamic dashboards to manage the digital banking process.
RAPID DEPLOYMENT
SPARK digital core cloud-native has been designed to provide a branch-less banking processing and to elevate client experience by offering enhanced convenience, agility and customized services. We provide agile banking product suite and the type of insight-driven experiences that todays digitally connected, end-users are expecting. End-users can activate their accounts, perform transactions, and subscribe for financial services, without visiting a bank branch or using other customer servicing channels.
FINANCIAL DATA APIs
Financial Data APIs and customizable front-end provides a securely connected infrastructure and utilize the end-users’ financial data. Microservices are hosted on the cloud with flexible architecture easy to configure and align to real-time requirements. SPARK secures APIs with policies, manage client access, group APIs as products, and monitor and analyze traffic. We can supply our Partners 'digital banks to set their lending offerings based on digital technologies to access new revenue streams.
Functions & Advantages
Pre-configured products and functionalities for a rapid deployment
Wallets
Highly configurable wallet accounts used to conduct various customer debit or credit transactions. These accounts can be defined for specific customer segments and support different currencies.
Savings
Savings or rewarding type, used as a deposit accounts to mature periodical interest that can be transferred as Credits to wallet accounts. These accounts can be defined to specific customer types and currencies.
Loans
Flexible lending module that allows the creation of different types of loan products to be offered to customers. The lending products can be defined for specific customer types with different currencies.
Customer On-boarding
A powerful module that enables customer on-boarding via APIs or straight from the system's front-end. It offers the collection of any customer details and the option to conduct Anti Money Laundering checks and KYC validations.
Easy to Configure
SPARK is built with efficiency as base foundation. Various products, customer segments and other business attributes can be easily and quickly configured to enable timely response to market demands.
Simple Front-End
The user friendly front-end is designed so that customer serving employees can use it even without training. For administrators, a simple admin panel is available to allow simple products configurations.
For Financial Services Providers
Data-driven, iterative, and agile for a true digital banking
Neobanking
True Digital Banking
SPARK our SaaS platform and related products are optimized for Neobanks needing loans and savings accounts, payment of bills or money transfers, and other services directly on the mobile phone. SPARK suite address every part of the value chain through its agile and lean frameworks. Branchless banking is the new standard where the only infrastructure for miles around is a cell tower. SPARK and xiPaaS are built and optimized for any currency or language, fast and easy to be deployed to realize Neobanks plans. Our business model can help to extend the neo-banking offerings to increase customers engagement and achieve targeted markets.
Banking Modernization
Customer Lifetime Value
SPARK' Side Core verison provides the embedded finance platform that leverages cloud-native microservices to run alongside and extend a bank's existing core systems. SPARK Side Core allows financial institutions to launch new products quickly and meet the changing demands of a digital-first market without undergoing a risky and expensive full core replacement. Our API-led system is the heart of the Side Core. It is built as a series of small, independent services that can be deployed and scaled on a cloud platform. SPARK Side Core provides real-time services to improve the relationship with the Incumbent banking customers and to access new market segments
Mobile Operators
Increase Customer Loyalty
SPARK enables Mobile Operators (MNOs) to efficiently operate with loan origination agencies, and retailers to deliver financial services to the customers as never before. For instance, in the developing world, a person’s cell phone (SIM card) is increasingly becoming an important form of identity, but it can also be her/his only channel to financial services. MNOs can now improve their performance in digital mobile banking by incorporating our products as an integral part of their value supply chain. SPARK' SaaS platform Suite can enhance MNOs financial performance, through reduction in “customer churn” and increase in Average Revenue Per User (ARPU)