Cloud banking platform company like Sandstone, nCino or Jack Henry don’t offer technology to facilitate international payments. Cymonz lets your customers scale and grow and enjoy better profit margins.
Partnerships with Cymonz enables you to launch international payments at pace and solve your customer’s outdated legacy system problems that they are facing every day.
For FX & payment providers that need a front end to deliver to their customer. Integrate with core banking systems and/or mobile apps, or utilise a single sign-on feature that gives financial markets customers the ability to transact many different transactions on a self serve and managed basis.
Unhook from your costly legacy system and get the freedom to choose and grow. Partnerships with other fintech’s allow Cymonz to enhance and assist those that are suffering the most. International Payments go from being a burden to a highly automated revenue stream that allows you to better serve your customers.
Your customers can transfer currency at live market rates or set limit orders to be automatically monitored and executed. You set the currencies available, the margins (profit markup) charged and the hours clients can trade. Your customers are buying and selling currency, specifying payment details in a secure, efficient and competitive environment.
Your clients can transact all their currency requirements from their smart phones. Functionality is the same as your customer website offering and includes a client dashboard, currency transactions, limit orders, beneficiary management, account history and account management functionality.
Get full control of the public pages you display to your clients and leads. Manage colours, logos, menus, pages available and all your content through our content management system along with selecting whether to display currency calculators to the public.
Set your settlements process times and then follow the work flow for all daily settlement tasks and processes. Manage customer receipts and bank account statements, counter party reconciliations, extend or cancel overdue contracts, view and execute counter party and beneficiary currency payments and link customer bank accounts where direct debits are available.
Our API allows you to integrate key currency functionality into your in-house or customer-facing applications, provide access to third party developers or even provide customers access to their account through the API. The REST based API provides functionality to create customer accounts, transact currency, manage beneficiaries and pull complete account history.
Integrate key currency functionality into your own or other third party applications. The REST based API is secured using OAuth. All transactions created through the API flow into the back office management application to enable management of currency transactions, settlement of transactions, compliance related tasks and management reporting.
If you elect to not use automatic clearing on all client transactions you can manage your risk through your currency position sheets in real time. Positions are marked to market every thirty seconds and any new transactions are added in real time. Manage required liquidity through SWAPs and automatically close and transfer positions daily.
Cymonz white label functionality provides you with the ability to easily and quickly launch white labels for your partners in a few minutes.