3 five-star digital banking solution providers

These businesses were selected using a data-driven startup scouting methodology that took into account, among other things, geography, founding year, and the applicability of the technology. The exact criteria may affect how the top choices are shown.

In this post, SMARTOSC Fintech will introduce you to three firms offering five-star digital banking solution providers for a wide range of problems.

SmartOSC

SmartOSC, a digital banking solution provider, provides a white-label banking-as-a-service platform for e-commerce, manufacturing, and fintech sectors as well as for business-to-business (B2B) and business-to-consumer (B2C) markets. 

SmartOSC enables non-banking businesses to launch their own banking products using an application programming interface (API). To launch financial goods, the business also provides a branded card, mobile, or online apps.

Digital onboarding solution helps customers self-register and use financial services. SmartOSC Fintech provides eKYC solutions and Digital onboarding solutions to help identify customers and complete online registration procedures. 

Banks look for innovative methods to present value propositions and create new income streams in the digital age. BaaS is one of them, allowing banks to license their digital banking services to outside non-banking organizations and incorporate them into their products in exchange for fees, charges, or revenue sharing. 

BaaS solutions are created by startups to encourage more cooperation between banking and non-banking entities of digital banking solution providers.

With this solution, customers will not need to go to a bank branch but can register and use services quickly and accurately. Not only that, the CDP system helps the bank understand the needs of customers to suggest suitable products.

Apiture – Cloud-Native Banking

These days, banks have additional possibilities to increase their value offering thanks to a cloud-native strategy. Greater agility, scalability, and flexibility are provided by the cloud-native architecture. 

This aids financial institution in identifying chances to provide individualized, data-driven consumer experiences and simplify compliance reporting. Startups and new businesses want to ease banks’ transitional or establishment challenges with cloud-native technology.

For credit unions and community banks, the US-based business Aperture creates Aperture Xpress, a cloud-native digital banking solution. It has P2P payments, data analytics, mobile and business banking, and targeted marketing capabilities. 

A multi-channel client experience of digital banking solution providers is also provided by Aperture Xpress via iPads, Apple Watch, and Alexa.

Open – Neo Banking

Neobanking is a growing trend that is being driven by consumer proximity trends, targeted marketing, and location-agnostic thinking. Neobanks provide internet-only digital banking experiences, going beyond traditional physical branch networks. 

Neobanking solutions are provided by startups to cater to the demands of the expanding, primarily younger, tech-savvy digital banking solution provider’s consumer base.

For startups, small and medium-sized businesses (SMEs), and independent contractors, Open aims to make banking procedures simpler digital banking solution providers. 

Open includes, among other things, tools for managing current accounts, recurring payments, payout administration, and smart business cards. Additionally, there is no requirement to go to a real bank.

While data is crucial for producing insights, it is easy to become overburdened by it. The purpose is to provide you with a complete view, useful innovation knowledge, and the tools you need to achieve your goals more rapidly. These 3 digital banking solution providers are promising examples. Get in touch with SMARTOSC Fintech to find out which solutions best satisfy your specific needs.