Synctera retweeted
Join us in welcoming @synctera to the FTA community! 🎉
Synctera is powering the future of fintech and embedded finance with its end-to-end platform that provides everything companies need to build, launch, and scale innovative banking products.
We look forward to working together to advance policies that support innovation, financial access, and consumer choice.
Welcome to FTA!
#PoweredByFintech #Fintech
We’re excited to welcome Deb Bonosconi as Synctera’s Chief Risk and Compliance Officer!
synctera.com/post/chief-risk…
Time to accelerate 🏎️ We’ve raised $15M in a fresh round of funding and are excited to announce partnerships with @bolt and @hawk_ai_tech! 🎉
synctera.com/post/accelerati…
Synctera retweeted
We’ve seen what happens when BaaS providers fail to protect consumers. Across the industry, we need to institutionalize principles of safe banking, both inside and outside of traditional banks, writes Tana Rugel, of @Synctera, in @AmerBanker @BankThink.bit.ly/3ZYHTQf
Today @WebullGlobal launched their new Global Account product for customers in Brazil! 🎉🏦
We’re proud to partner with Webull and provide them the tech components and tools necessary to build a great banking and payments product for their customers.
synctera.com/post/partnering…
3. Technology to easily extract data and create reports
Not only do you need a way to store data, but you also need a way to make that data usable. A dashboarding tool that connects with your ledger enables you to track trends over time, better identify fraud, and much more.
4. Reliable reconciliation
For every transaction there are multiple systems that record the data. Reconciliation is the process of matching this data between systems to make sure they are aligned. This process is key to maintaining accurate transaction and account balance data
1.All data centralized in one place
When customer data is scattered across systems, getting an clear picture of who’s who and who’s doing what becomes much more difficult. By centralizing data you can better understand customer behavior and be more effective at mitigating fraud
An accurate and reliable real-time ledger is key to operating a compliant banking product 🏦
So what are the 4 things to look out for to ensure your banking ledger is built to scale? 🧵
Check out our newest guide where we break down the six principles for how BaaS sponsor banks and non-bank companies need to operate together to form strong and compliant partnerships 🤝
Download the full guide to learn more!
synctera.com/post/getting-ba…
1. Core banking technology: The ledger is the single source of truth for customer, account, and transaction data. It’s also important to build in capabilities to ensure the accuracy and integrity of that data ✅
4. Payments infrastructure: There are various different ways customers expect to be able to move money into and out of your banking product. Building these capabilities or integrating with partners will allow you to deliver a great user experience 💸
There are a lot of components that go into building a banking ecosystem 🏦⚙️
They each play a role in providing your customers a great user experience, while making your banking product compliant and scalable.
Let’s walk through the 5 components of a banking ecosystem 🧵
Synctera retweeted
Exciting times! 🚀 @Checkbook & @Synctera are joining forces to simplify payments for businesses! 🤝💼
Fast, flexible, and user-friendly options are on the horizon. Stay tuned for a game-changing experience! #Fintech #PaymentSolutions
Click to read more!
checkbook.io/blog/checkbook-…







