Core-Banking-Solution

Mbanq brings you the easiest and most economical path to deploy digital financial services that scale to your exact needs.

Cloud-based back-end technology connects to global financial infrastructure, beautifully responsive white label mobile apps for your customers, a US bank license sponsor, fully managed. A comprehensive portfolio of technology and services to create a digital bank, FinTech or Embedded Banking to serve your clients. Ready to deploy in weeks.

Mbanq’s unique value proposition is its ‘as-a-service’ portfolio to simplify life in a highly-regulated industry. Anti-fraud, KYC, address verifications, customer identification (CIP), AML, sanctions lists, biometrics and document scans, compliance and regulatory reporting and dispute resolutions – everything is taken care of so that you operate with safety and full regulatory approval.

Mbanq’s BaaS solution is the easiest and most cost-efficient path to creating EMBEDDED FINANCIAL PRODUCTS AND SERVICES AROUND THE WORLD
BAAS AND MBANQ

Detailed Overview

Mbanq spearheads modern digital transformation in the financial services industry. Using robust infrastructure, Mbanq enables third-party companies, including non-banking brands, to offer a wide array of financial products to customers by leveraging the banking license of a partner bank. This removes the need for third-party businesses to acquire their own banking licenses, significantly simplifying their entry into the financial services arena.

In addition to enabling traditional banking services, Mbanq provides a range of ‘as a service’ offerings, such as Compliance-as-a-Service (CaaS), Regulatory-as-a-Service (RaaS), and Payment-as-a-Service (PaaS). This comprehensive support allows businesses to offer complete, seamless, and compliant financial solutions to their customers.

Mbanq brings an easier, faster, simpler and less costly solution for any banking or banking-type institution. It takes care of the main technology and operations aspects.

With Mbanq’s proven expertise it is the fastest and most efficient approach to digital finance.

Mbanq brings an easier, faster, simpler and less costly solution for any banking or banking-type institution. It takes care of the main technology and operations aspects.

With Mbanq’s proven expertise it is the fastest and most efficient approach to digital finance.

Compliance-as-a-Service
and Regulatory-as-a-Service

These offerings allow businesses to stay up-to-date and compliant with the ever-changing financial regulatory landscape, freeing you to focus on core operations and innovation. Mbanq’s compliance team brings its own signature to the table to make sure your business is in full regulatory compliance, including with the latest government and regulatory-body inputs.

Mbanq’s 
Payment-as-a-Service
This simplifies payment processes, enhancing customer satisfaction and loyalty.

Furthermore, Mbanq also offers integration with the world’s leading payment rails, such as Automated Clearing House (ACH), Society for Worldwide Interbank Financial Telecommunication (SWIFT), and others. This ensures seamless transactions across numerous platforms, providing businesses with extensive global reach.

For you as a client, this is a vital component to successfully operate in a competitive financial market.
To further strengthen its service offering, Mbanq integrates with additional vendor solutions. This includes digital onboarding and Know Your Customer (KYC) tools to facilitate seamless customer acquisition and adherence to regulatory requirements.

Banking Intelligence

Mbanq thoroughly examines your business case, business modeling and strategic plans, and offers comprehensive feedback and advice on best practice based on our senior team’s multi-decade banking and finance experience. This methodology provides added value and a solid basis for success while assisting you in overcoming unforeseen challenges.

Mbanq’s BaaS solution offers a competitive edge with faster market entry, cost efficiencies, and the ability to prioritize core competencies while expanding services more gradually.

Mbanq prides itself on cultivating more than just client relationships; we foster true business partnerships and friendships to ensure your project succeeds.

At Mbanq, we are at the center of a vibrant BaaS ecosystem, equipped with the necessary technology, services, and outreach to establish a BaaS platform and enhance network value through our Banking Intelligence expertise

Welcome to the exciting world of creating your own digital financial platform with Mbanq’s BaaS solution
CUSTOMER JOURNEY:
Easy 3-Step path
to success
Here is a simple customer journey
consisting of 3 easy steps to guide you

Process:

Discovery

NDA and Services Definition
The journey begins with an initial call to learn about each other’s businesses and discuss your specific requirements. We will also ensure the signing of a non-disclosure agreement (NDA) and provide you with a questionnaire to gather more specific details. Our team will outline opportunity areas and provide initial feedback based on our extensive experience.
Mbanq KYC and Compliance Check
To ensure compliance with regulations and industry standards, we will conduct a Know Your Customer (KYC) process and perform
a thorough compliance check. This step helps establish a strong foundation for a secure and trustworthy partnership. It is executed promptly and it is completed within a 24 hour timeframe.

Onboarding Journey

Technical Call
and API Information Sync
In this step, we will have a technical call to synchronize information regarding our APIs (Application Programming Interfaces). This allows us to align our technical capabilities with your project requirements and ensure smooth integration of services. We will also provide a demo environment for you to familiarize and understand the potential of the BaaS environment.
Service Level Agreement (SLA) between Client and Mbanq
To establish clear expectations and ensure quality service delivery, we will define a Service Level Agreement (SLA) between you and Mbanq. The SLA outlines the agreed-upon performance metrics, responsibilities, and service standards.
Client Onboarding and Documentation Collection
During this phase, we will guide you through the client onboarding process. We will provide weekly updates and assist you in collecting the necessary documentation required for the project. This step aims to streamline the onboarding process and keep you informed about progress.

Go Live

Submission and Approval with Sponsor Banking Partner
In order to offer a comprehensive banking solution, we collaborate with trusted banking partners. In this step, we will submit your project for approval to our sponsor banking partner. This approval is necessary to ensure compliance and facilitate the launch of your BaaS platform.
Client's BaaS Platform Launch and "Go" Live!
This is the final step where we officially launch your BaaS platform and make it live for your customers. You can now leverage the power of our BaaS services to enhance your financial offerings and provide seamless experiences to your users.
NDA and Services Definition
The journey begins with an initial call to learn about each other’s businesses and discuss your specific requirements. We will also ensure the signing of a non-disclosure agreement (NDA) and provide you with a questionnaire to gather more specific details. Our team will outline opportunity areas and provide initial feedback based on our extensive experience.
Mbanq KYC and Compliance Check
To ensure compliance with regulations and industry standards, we will conduct a Know Your Customer (KYC) process and perform
a thorough compliance check. This step helps establish a strong foundation for a secure and trustworthy partnership. It is executed promptly and it is completed within a 24 hour timeframe.
Technical Call
and API Information Sync
In this step, we will have a technical call to synchronize information regarding our APIs (Application Programming Interfaces). This allows us to align our technical capabilities with your project requirements and ensure smooth integration of services. We will also provide a demo environment for you to familiarize and understand the potential of the BaaS environment.
Service Level Agreement (SLA) between Client and Mbanq
To establish clear expectations and ensure quality service delivery, we will define a Service Level Agreement (SLA) between you and Mbanq. The SLA outlines the agreed-upon performance metrics, responsibilities, and service standards.
Client Onboarding and Documentation Collection
During this phase, we will guide you through the client onboarding process. We will provide weekly updates and assist you in collecting the necessary documentation required for the project. This step aims to streamline the onboarding process and keep you informed about progress.
Submission and Approval with Sponsor Banking Partner
In order to offer a comprehensive banking solution, we collaborate with trusted banking partners. In this step, we will submit your project for approval to our sponsor banking partner. This approval is necessary to ensure compliance and facilitate the launch of your BaaS platform.
Client's BaaS Platform Launch and "Go" Live!
This is the final step where we officially launch your BaaS platform and make it live for your customers. You can now leverage the power of our BaaS services to enhance your financial offerings and provide seamless experiences to your users.

Our team takes you by the hand and will guide you successfully through all necessary steps. 
We’ll be with you every step of the way, ensuring 
a successful and rewarding partnership.

We look forward to working with you!

BANKING-AS-A-SERVICE

Your customers benefit from financial products delivered through a stylish app as well as beautifully designed debit and credit cards with your brand insignia.

You benefit from increased revenue and by outsourcing the whole process – from technology to compliance to program management and customer support.

DIGITAL-FIRST BANKING IN A MODERN WORLD

Agile implementation for quick results

Contracting

  • Initiation
  • Definition of contracted services
  • Mbanq KYC and compliance check
  • Service level agreement between client and Mbanq

Compliance and Regulatory

  • BSA Policies and Procedures
  • Due diligence and risk review
  • License sponsorship approval
  • BSA & AML policies
  • Regulatory setup, SAR & OFAC checks

Deployment

  • System delivery
  • Establishment & activation of contracted services
  • Launch support

Operations Support

  • Maintenance and support according to SLAs
  • Initiation
  • Definition of contracted services
  • Mbanq KYC and compliance check
  • Service level agreement between client and Mbanq
  • BSA Policies and Procedures
  • Due diligence and risk review
  • License sponsorship approval
  • BSA & AML policies
  • Regulatory setup, SAR & OFAC checks
  • System delivery
  • Establishment & activation of contracted services
  • Launch support
  • Maintenance and support according to SLAs

Mbanq’s Banking-as-a-Service Application

User Types

  • Consumer
  • Business

Products

  • Deposit account
  • Savings account
  • FBO with sub accounts
  • Custodial accounts
  • Clearing accounts
  • One-time loans
  • Revolving credits
  • Open credits
  • Cash advance
  • Brokerage accounts
  • Other

User Base

  • Domestic (min 51%)
  • International

Payments

  • Card Issuance:
    – Debit card linked to deposit account
    – Credit card linked to revolving credit
  • Account/routing issuance
  • ACH – same day
  • ACH – standard
  • Wires – domestic
  • Wires – international
  • RPPS (Bill Pay)
  • Remote deposit capture
  • Acquiring – push/pull from cards
  • Other
launch your own bank

Creating a bank is the most powerful indicator of business status and a hugely profitable enterprise. It allows you to offer the most complete package of financial services to customers and to take ultimate control of your financial destiny at a previously unimaginable scale.

Mbanq Does it for You

1. Regulatory & compliance is the start and end point for all financial services. Mbanq ensures client platforms benefit from a bank license sponsor and peace of mind in operations, customer onboarding, AML, KYC and regulatory reporting.

2. Modern technology, card issuing, digital financial apps, daily operations and customer support means that Mbanq manages the entire creation and operational process.

We’ve built the Banking-as-a-Service super-engine
YOU DRIVE IT wherever you want!

We’ve built
the Banking-as-a-Service super-engine

YOU DRIVE IT
wherever you want!

Launching a BaaS-driven bank is easier
and more profitable than offering
a branded credit card.

Why?

Because Mbanq is there for you

Enjoy multiple advantages by creating a BaaS-driven banking platform:

Banking Profitability

Every time a fan buys anything through your branded account, debit or credit card you get access to a major source of new revenue – interchange fees. Shoes, flights, dining out: you get a piece of every pie.

Control of Travel and Expenses

The ultimate in travel and production cost management. Each staff member has their own card. Your financial controller sets the budget in real time – from airport sandwich to yacht.

Full Control of Payments and Disbursements

You customize systems and processes for your specific needs for greater flexibility and efficiency in managing transactions.

Branding and Loyalty

Your brand, your face in every wallet in every pocket. Loyalty points bring rewards to fans and direct spending towards what really matters.

Payment Services

Direct debits, money transfers, bill payments, checkout process, foreign exchange. You’re a full service bank, you have everything that you need and everything your fans need.

Cross-selling

Fan apparel, concert tickets, cross-industry deals – integrated and personalized.

Customer Data and Analytics

Running a bank gives direct access to transaction data and financial analytics and provides actionable insights to benefit every customer. The possibilities are infinite.

Personalized Services
and Targeted Marketing

Leverage customer data to offer personalized services and targeted marketing. You align services and campaigns with customer needs and provide relevant product recommendations, and personalized financial solutions. This level of personalization is cutting-edge, builds loyalty and drives customer satisfaction.

Banking Profitability

Every time a fan buys anything through your branded account, debit or credit card you get access to a major source of new revenue – interchange fees. Shoes, flights, dining out: you get a piece of every pie.

Regulatory Control and Compliance

With Mbanq’s help you have direct control over compliance with financial regulations and industry standards. Together we establish internal policies and procedures to ensure full adherence to financial industry rules and regulations so you remain protected to the highest possible standards.

Enhanced Security

Mbanq and its partners implement rigorous security measures, both technology and policies & procedures, to monitor and protect customer financial data and every transaction.

Even more Profitability

Loans and financing, mortgages, installment payments, customized financial products, you access the entire potential of the global financial system.