Infinant Inc Fintech Member
650 South Tryon St., Suite 400 Charlotte NC 28202 UNITED STATES
+1 704.564.1107 +1 980.375.6131
2021 25 to 100
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About

Charlotte, NC-based Infinant provides a Virtual Banking Platform for banks to run Direct-BaaS programs.  We are not a BaaS Provider middleman, rather a technology-enabler for banks to have direct relationships with fintech and brands to grow their deposits and fee income.  The platform is as an overlay to a legacy core with minimal impact to bank operations and infrastructure, providing a virtual banking account system with composable money movement, fraud/AML and debit card services that can enable numerous business models including direct-BaaS, Embedded Finance and Digital Brands.  The Interlace platform gives the bank complete control of customers, accounts and transaction processing - including fraud, AML and compliance.

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Solutions Snapshot

Interlace Platform

Virtual Account Platform deployed as an overlay to a legacy core with minimal impact to bank operations and infrastructure, providing a virtual banking account system that can enable numerous business models on a single platform.  The open system architecture allows the bank to compose features by program, including money movement, fraud/AML and debit card providers and services. 

Business Benefits

  • Launching new products in new channels
  • Lowered operating costs
  • Improved time to market
  • Reduced complexity
  • Bank-controlled regulatory compliance

 

Business Models

  • Direct Banking-as-a-Service
  • Digital Brand Launch
  • Expanded Offerings (cash mgmt or escrow thru sub-accounts)

 

Coreless Banking Platform

  • Micro-services, event-based, API-enabled -- all in the cloud to eliminate any Bank IT efforts
  • Coreless banking does not mean a ‘bank has no core’, it emphasizes the digital transformation from monolithic systems to architectures based on microservices and APIs.  
  • ‘Hollowing out the core’ by keeping your legacy core intact but limit its use to very specific operating functions.
  • By managing customers, accounts and money movement above-the-core, in a virtual account system, it opens new business models for the bank to realize the business benefits.
  • The cloud-native virtual account system still settles daily to a set of operating accounts on the legacy core, to stay compliant.
  • Banks avoid core lock-in and can compose their systems more vendor-neutral and easily swap in and swap out services. 

 

Details
Service Area Nationwide
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