Global Kinetic, a specialist in transaction processing software and digital banking solutions, will showcase its FutureBank platform at Money2020 this month in Las Vegas.
Martin Dippenaar, founder and CEO of Global Kinetic, says that FutureBank is opening the door to a huge US market for the company.
“What we have developed here is a product that, through aggregation with key partners, gives customers a completely secure multi-platform banking app,” he says. “There is huge scope in the US as no such technology like ours currently exists in the fintech space — and we have developed FutureBank to target that market.”
Global Kinetic CIO Sergio Barbosa adds: “When we exhibited at TechCrunch in San Francisco in September, we were overwhelmed by the response and we fully expect the same kind of response when we’re at Money2020.”
In short, FutureBank offers a complete digital banking solution for any financial services company. It is secure and can be customised for any mobile and Internet banking solution with an Open Microservices API that integrates with the most popular core banking systems in the world.
Global Kinetic also provides an architectural blueprint and code framework which makes FutureBank an ideal solution for any new fintech product.
The platform is both a code base and a development pipeline that provides the necessary acceleration needed by any fintech product business so it can concentrate and focus on developing the specific feature set that makes their product unique.
It supports a number of core banking product integration including products from Oracle, FIS and more.
Built into the FutureBank platform are a number of key OEM (original equipment manufacturing) partnership agreements that Global Kinetic have concluded which collectively enhance the capabilities of the platform.
Embedded Entersekt technology secures each transaction through the platform and also secures digital channels through multi-factor authentication including biometrics. Built on open technologies for high availability, scalability, and simple integration, Entersekt’s patented security products protect millions of devices and transactions daily, while complying with stringent regulatory guidelines.
Another key partnership in the list lives in the area of documents, bill presentment and payment.
InfoSlips is a leader in next-generation secure digital document delivery which delivers hundreds of millions of secure digital documents to millions of recipients throughout the world and is now integrated in the FutureBank platform. InfoSlips improves deliverability while consuming data from multiple sources in order to create engaging and useful documents. Scalability allows the production process to composite and secure millions of documents a day and allows recipients to access their InfoSlips documents from any device.