COMPOSABLE BANKING
Revolutionize the way your bank builds customer experiences, Faster, More flexible and Unmatched
Fincore Engine
FINCORE’s Engine offers unique flexibility and control in designing and building new financial products using smart contracts.
A wide range of products can be created, from innovative offerings like multi-currency accounts or bundled products to replications of existing products from legacy platforms.
This capability facilitates the safe migration of customers to FINCORE from legacy platforms without disrupting their current product portfolio.
Smart Contracts
Developer-friendly code empowers smart contracts to build any financial product. This grants banks full control over product logic, offering flexibility and power for designing and building innovative new products as well as replicating their existing back book.
Financial product creation and changes are completely abstracted from the platform through a dedicated configuration layer. This allows banks to build and improve any financial product entirely by writing smart contracts. No modifications are required to the platform code, and banks maintain complete autonomy over product changes, eliminating reliance on us.
Product Library
Fincore boasts a comprehensive Product Library featuring a wide range of pre-built smart contracts. This library includes market staples like transaction accounts, savings products, loans, mortgages, and credit cards.
Beyond these core offerings, Fincore caters to Islamic banking and innovative solutions like buy-now-pay-later schemes, digital wallets for CBDC, and offset mortgages.
These pre-configured smart contracts are ready for immediate deployment and can be easily customized to meet specific bank requirements. Notably, the Product Library is constantly expanding with new offerings.
Mortgage
- Home Loan
- Fixed-rate Mortgage
- Tracker Mortgage
- Variable-rate Mortgage
- Balance offset Mortgage
- Portable Mortgage
- Home Equity Loan
- Refinance/Additional Borrowing
- Remortgage
- Repayment Mortgage
- Interest-only Mortgage
Loan
- Education/Student Loan
- Point-of-sale Finance
- Balloon Repayment Loan
- Car Loan
- Fixed-rate Home Loan
- Interest-only Loan
- Renovation Loan
- Peer-to-peer Loan
- Personal Loan
- Bridging Loan
- Home Extension/Improvement Loan
Deposits
- Time Deposit Account
- Term Deposits
- High-yield Savings
- Easy Access Saver
- Multi-currency Account
- Fixed-term Deposit
- Specialty Savings Account
- Money Market Savings
- Savings Account
- Second Chance Account
- Checking Account/Transaction Account (DDA)
- Current Account (Including overdraft)
Revolving Credit
- Revolving line of credit
- Credit Card
- Balance transfer credit
- Installment line of credit
- Charge card
Wallets
- Mobile Wallet
- CBDC Wallet
- Multi Currency Wallet
Shariah Products
- Shariah savings account
Product SDK
Our intuitive SDK empowers banks to streamline their product development lifecycle. This user-friendly toolkit simplifies building, testing, and managing their entire product portfolio.
Benefits Included :
- Faster and more cost-effective product launches: Build, launch, and maintain products with unprecedented speed and efficiency.
- Full control and flexibility: Our powerful SDK allows banks to write smart contracts, granting complete control over financial product logic.
- Product-configuration: Create products with any configuration imaginable.
- Out-of-the-box acceleration: Leverage a library of reusable business rules for product behavior and pricing, accelerating product launches.
- Simplified product management: Manage and understand product usage and operations through a user-friendly interface.
Enhanced Product Control
Versioning
- Create multiple product variations from a single smart contract (e.g., Balanced Investment Account – provides a mix of risk and reward.)
Seamless Migration
- Perform “no-code” migration between different products for effortless updates.
Granular Control
- Create multiple product variations from a single smart contract (e.g., Balanced Investment Account – provides a mix of risk and reward.)
Real Time Insights
- Create multiple product variations from a single smart contract (e.g., Balanced Investment Account – provides a mix of risk and reward.)
Real-Time Transaction Update
Fincore empowers banks with complete control over data management through its real-time Ledger. This innovative architecture strictly separates smart contract configuration from the underlying Ledger, ensuring a secure and efficient foundation.
Designed for unmatched scalability, Fincore allows any bank and any product to operate on a single Ledger. Data continuously streams in and out, enabling real-time processing and rich data feeds for AI and reporting.
- Real-Time Processing – Enables continuous data flow for AI-driven insights and reporting.
- Complex Banking Support – Manages multiple banks, currencies, teams, branches, and business lines.
- Flexible Balance Management – Allows banks to define balance structures while maintaining full visibility.
- Instant Transactions – Eliminates batch processing delays with continuous availability.
- Seamless Back-Book Migration – Reduces errors and simplifies historical data integration.
APIs
Core APIs
- Fincore provides REST APIs to facilitate integration with various external applications, including channels, CRM systems, bank operator UIs, and product catalogs.
Streaming APIs
- Fincore offers native support for real-time event streaming using Kafka integration patterns. This enables real-time updates on accounting events, balance changes, customer information, and any data modifications within the Ledger.
Core APIs
- Fincore acts as the central hub for managing all financial movements within accounts. This includes authorization checks, settlement of funds, releasing funds, and posting credits and debits.
Core APIs
- Fincore's Kafka-based API streamlines legacy core data migration with high performance, efficient batching, validation rule adaptation, and seamless dependency management.
Hosting Options
Our reputation precedes us: We’re renowned for possessing the industry’s leading cloud computing expertise in financial services.
Fincore, built from the ground up as a cloud-native solution, empowers banks to deploy on their preferred cloud provider. This unwavering commitment to flexibility ensures they can choose the model that best aligns with their unique needs.
Our deep understanding of cloud best practices translates into empowering our customers with unparalleled choice and flexibility during their cloud migration journey.
We stand out as the only truly cloud-native core banking provider offering a comprehensive range of deployment options. This includes Banking Software as a Service (BaaS), bank-hosted deployments in public and private clouds, and even hybrid configurations.
BAAS
Fincore's fully managed BaaS deployment eliminates most cloud infrastructure management burdens. This hassle-free approach makes Fincore BaaS a popular choice for agile banks and FinTech’s seeking a streamlined experience.
Bank Hosted
Fincore offers flexible deployment options to suit any bank’s needs. Banks can choose from: (1) Public Cloud: Deploy on leading providers like Azure, AWS, GCP, and IBM, with the ability to easily add others. (2) Hybrid Cloud: Keep sensitive data secure in a private cloud while leveraging the scalability of a public cloud for other functionalities. (3) Private Cloud: Deploy entirely within a private cloud using Red Hat Open Shift with options like AWS Outposts, Azure Stack, or Google Anthos.
Deployment Type
Unparalleled flexibility: Banks enjoy complete control over Fincore deployment, allowing them to tailor the platform to their specific needs and strategic objectives. Our team of delivery experts ensures seamless execution, guaranteeing the highest standards for every deployment.
Digital Greenfield Banks
We partner with leading innovators: forward-thinking banks and FinTech’s around the world, to launch groundbreaking, digital-first banks. Launching a digital bank on outdated technology can be a frustrating experience. While the front-end app might look sleek, the process of building and launching innovative products is often slow and expensive.
- Smart Contracts Architecture – Enables banks to launch any financial product effortlessly.
- API-First & Microservices-Based – Ensures seamless integration with existing systems.
- Ready-to-Launch Banking Products – Use as-is or customize to meet customer needs.
- Pre-Built Integrations – Connects with top-tier technology vendors for enhanced functionality.
- Global Partner Network – Highly trained experts available to support banks worldwide.
Coexistence
Banks can embrace the future without abandoning the past. Coexistence deployments allow them to build new, cloud-native technology stacks alongside their existing core systems. This approach keeps legacy products running smoothly on the old system while enabling the launch of innovative new products on the cloud-native stack.
The beauty of coexistence? Seamless customer experience. Because new and old stacks often share customer channels, customers can start using new Fincore powered products without any disruption to their existing user experience.
Our coexistence approach, implemented through deploying the Fincore platform, empowers banks to launch new features and products alongside established offerings. Think reward accounts on the new system, seamlessly integrated with existing accounts. This ensures a smooth transition for customers, who remain blissfully unaware of the changing technology behind the scenes.
- Seamless Information Routing – Enables smooth data flow between mainframe and Cloud Native platforms.
- Gradual Legacy Replacement – Pluggable architecture allows step-by-step modernization.
- Flexible Migration Options – Banks can transition at their own pace.
- Full Modernization – Once ready, banks can migrate all customers for a next-gen banking experience.
Migration
Streamline Your Banking Operations with Fincore Platform
Fincore Platform offers a comprehensive solution for banks, encompassing both new product management and legacy system migration.
- Effortless Product Management: Manage your entire front-book of products efficiently.
- Simplified Migration Process: Our user-friendly migration tooling minimizes core banking migration timelines.
- Simple-to-Use API Architecture: Designed to efficiently support common migration scenarios.
- Configurable Dependency Fields: Send legacy data to Fincore in any order, eliminating the need for complex, sequential loads. This saves time and reduces manual errors during migration.
By leveraging Fincore Platform’s migration capabilities, banks of all sizes can overcome their migration challenges and achieve a smooth transition to a modern banking platform.
Unparalled Migration Capabilities
- Full Data Migration: Move all existing products, ledgers, and account records from your legacy system to our core platform.
- Seamless Migration: Migrate your existing bank onto our platform with confidence. Our migration tools minimize risk and enable the transfer of your complete financial history, including complex back-book products.
- Fincore Engine: Replicate the financial behavior of your existing products flawlessly.
- Migration APIs: Perform seamless, gradual migrations with our rich set of functionalities, eliminating the need for risky “big bang” approaches.
Migration strategies
Prior to migration, banks can leverage time-series testing to simulate and validate the behavior of migrated products over a set period. This testing approach involves simulating a known past period on the legacy core system. By comparing the results with Fincore’s processing of the same data, banks can demonstrate that Fincore replicates the behavior of the old core. This instills confidence in business stakeholders leading up to the production migration.
Our technology empowers you with a wide range of migration strategies and approaches. You can easily switch between them, allowing for granular account-by-account cutover.
Here’s how we support different migration scenarios:
Manage data stability during migration using dormancy flags. These flags keep data in a stable state between data load and go-live, ensuring smooth cutover for each tranche.
Finchain’s real-time API and event-driven architecture simplify these migration approaches compared to legacy batch-based systems. This allows you to run the new system alongside the old one for verification before switching over.
This flexibility ensures a smooth transition for your bank, regardless of your preferred migration strategy.
Migration Partners
Streamlined Migration with Partner Tools and Expert Support: To further simplify your migration journey, we offer two key resources:
Migration Partner Ecosystem: Leverage pre-built tools from our network of migration partners. These tools integrate seamlessly with Fincore’s migration APIs, offering pre-configured data transformation, quality checks, and reconciliation capabilities. This can significantly reduce the time and effort required for your migration program.
Fincore Migration Support: We provide a comprehensive suite of migration resources, including detailed documentation and access to our internal migration experts. These experts can advise you on migration strategies and best practices, ensuring a smooth and successful transition to Fincore.
Integrations and Real-Time Data
The Fincore platform leverages an API-driven architecture, empowering banks to build custom stacks tailored to their specific needs. Banks can seamlessly integrate with existing sources of truth and leading technology vendors. Real-time data is continuously published across all components, providing banks with full visibility and instant access to valuable customer and system data.
- Real-Time Responsiveness – Take instant actions based on streamed events.
- Live Financial Insights – Monitor intra-day positions, fraud detection, and risk in real time.
- Advanced Analytics – Leverage near real-time data for AI and machine learning.
- Seamless Smart Contract & Integration Updates – Modify smart contracts or integrations independently without disruption.
Delivery
We pride ourselves on consistently delivering successful deployments. We work with banks to provide the delivery approach best suited to their needs:
Self service
- Self-Deployment Capability – Banks can deploy Fincore independently.
- Comprehensive SDK & Documentation – Detailed guidance on platform functionality.
- Training & Certification – Dedicated portal to upskill staff for configuration and deployment.
Our experts
- Collaborative Deployment – Works alongside banks and partners to ensure success.
- Skill & Knowledge Transfer – Provides deep expertise in configuration, architecture, and migration.
- Flexible Support Options – Empowers self-sufficiency or offers long-term support services.
About US
We are a company with extensive experience in building AI and Web3-based solutions that cater to the diverse needs of various industries.
Contact
- +65 89537905
- contactus@moneyverse.ai
- Headquarters : 03-12, BS Bendemeer Centre, 20 Bendemeer Road Singapore 339914.
- Technology Headquarters : 10th floor, RMZ Latitude Commercial Building, Bellary Rd, Vinayakanagar, Byatarayanapura, Bengaluru, Karnataka 560024
Copyright © 2025. All Rights Reserved