Neural Payments P2P Integration
Mick Oppy, Daniel Norton, AJ Taylor, Milind Pathak, and Arunnima Balakrishnan
An end-to-end P2P solution for Finastra clients that connects them to a larger network expanding their P2P offering
An end-to-end P2P solution for Finastra clients that connects them to a larger network expanding their P2P offering
Overview
Building Blocks
Description
We use the power of Fusion Fabric.cloud to enable a simplified integration to our platform. We can pull all the data needed to connect a user to the network and send/receive funds securely.
We built a unique connector to PayPal/Venmo that allows us to also expand who can receive these funds to the largest P2P networks in the US. This is done without PANs, sharing PCI or PII data creating a secure transaction. The cost is also below or at market for a P2P transaction.
We leveraged our existing solution and then created connectors for getting customer and account data for Finastra Financial Institutions. When possible we use the Good Funds API to debit/credit accounts at Finastra in real-time. This will save fees and charges from the networks.