Products Overview
Trusek has developed a comprehensive, ready-to-go BaaS infrastructure encompassing core Ledger, Account Management, Risk, Compliance, and Reporting functionalities.
This robust platform enables a diverse range of interconnected financial services and capabilities.
Payment & Settlement
Processing
Trusek’s Payment & Settlement module offers comprehensive support for real-time and batch processing, enabling seamless payment execution and reconciliation. Key features include:
- Real-time Payment Processing: Facilitates real-time payments through integration with 3rd Parties connected to relevant Payment Networks/ Schemes (e.g. FPS and SEPA).
- Third-Party Integrations: Seamlessly integrates with third-party banking and payment providers via APIs.
- Real-time Account Updates: Provides real-time updates on account balances and transaction statuses.
- Dual entry accounting throughout to aid auditing
- Efficient Bulk Payments: Enables efficient processing of bulk payments and payouts.
- Streamlined Reconciliation: Simplifies settlement and reconciliation processes with real time Bank Reconciliation reports.
- Comprehensive Reporting: Generates customer statements and other insightful reports.
Foreign
Exchange
Trusek empowers your business with robust Foreign Exchange capabilities, offering seamless integration with a wide range of third-party Forex Providers. This ensures access to the global currency markets you require. Key features include:
- Extensive Currency Support: Access to over 65 currencies, providing flexibility for your business needs.
- Single account holding multiple currency balances
- Control Over Conversions: You maintain full control over when and what currency conversions to execute, eliminating forced conversions.
- Comprehensive Trading Support: Supports Spot, Limit, and Future trades to meet your diverse trading requirements.
- Real-time Operations: Enables real-time currency conversions and transaction recording for transparency.
- Streamlined Account Management: Currency accounts are set up in real-time for immediate use.
- Efficient Reconciliation: Streamlines settlement and reconciliation processes for accurate and timely financial reporting.
- Comprehensive Reporting: Generates insightful reports on all aspects of your foreign exchange operations.
Integration to Forex &
Payment Providers
The API Connections Hub expands the core service capability by supporting integration with third party Foreign Exchange, Payments, Risk, Compliance & Financial services providers.
- External integrations may include:
- Currency exchange
- KYC/sanctions checking
- AML transaction monitoring
- Banking and reconciliation
- Savings, Loans and Overdrafts
- National and International payments
- Visa/MasterCard transaction processing (issuing)
Card Issuing
The Trusek Platform enables the integration of a wide variety of card products. This typically requires either direct membership with Card Schemes or establishing partnerships with BIN Sponsors and Issuers.
- API Integration to 3rd Party Card Issuers / Processors/ BIN Sponsors
- Single and Multi-Currency Card Support
- Visa and MasterCard Support
- Business and Individual card programmes
- PrePaid, Credit and Debit Cards Supported
White Label Web UI,
API & Mobile Apps
- The Trusek Solution provides unparalleled flexibility as it can be customized to your specific needs through both White Label web user interfaces and robust API integration options.
- Enhanced User Experience: Offers an optional white-label mobile app for iOS and Android for enhanced customer convenience.
Integration Partners
