Tarabut Gateway
Tarabut Gateway
01. The Challenge
Pioneering Open Banking Solutions with a Comprehensive and Secure Platform
Tarabut Gateway aimed to become a leader in the open banking ecosystem by providing businesses with access to millions of financial accounts through a secure and unified API. The project required the development of various components to ensure the platform’s success:
- Payment Processing & Mobile Commerce: Implementing a system capable of handling seamless mobile transactions and payment processing.
- Billing & Settlement Platform: Creating an efficient platform for managing complex billing and settlement across multiple currencies and accounts.
- Acquiring Solutions & Digital Banking: Enhancing acquiring solutions and digital banking functionalities to cater to a wide array of financial needs.
- Campaign & Program Management: Integrating tools for managing marketing campaigns and financial programs efficiently.
- Lending & Core Banking: Supporting lending operations and integrating core banking functions into the platform.
- API Integration: Developing APIs to enable smooth interactions between different financial services.
- Electronic Payments & Multi-Currency Processing: Facilitating electronic payments with multi-currency support.
- Fraud Management & Analytics: Implementing advanced fraud detection and analytics to safeguard transactions.
- Open Banking Compliance: Ensuring the platform adheres to open banking regulations while maintaining high security standards.
02. The Solution
Holistic Development for a Leading Open Banking Platform
Payment Processing & Mobile Commerce
We implemented a secure and scalable payment processing system designed for the demands of open banking.
- Smooth Transactions: Enabled seamless and secure mobile commerce transactions via a robust API.
- Real-Time Settlements: Facilitated real-time bank-to-bank payments, ensuring a smooth experience for both businesses and consumers.
Billing & Settlement Platform
Developed an advanced billing and settlement platform to handle financial transactions efficiently.
- Multi-Currency & Multi-Purse Processing: Integrated features to support transactions across multiple currencies and accounts, catering to a global client base.
- Automated Billing: Introduced automated billing solutions to streamline processes and reduce errors.
Acquiring Solutions & Digital Banking
Enhanced digital banking capabilities and provided acquiring solutions to offer comprehensive financial services.
- Core Banking Integration: Incorporated core banking functionalities to provide a unified platform for various financial services.
- Lending & Program Management: Supported lending operations and program management, offering tools for financial institutions to manage their services effectively.
Campaign Management
Integrated campaign management tools to help businesses create, manage, and optimize their marketing campaigns.
- Targeted Campaigns: Provided tools for setting up targeted marketing campaigns within the platform.
- Performance Analytics: Enabled real-time tracking of campaign performance, helping businesses adjust their strategies on the go.
API Development
Developed robust APIs to facilitate smooth interaction between various financial services within the platform.
- Seamless Integration: Provided easy-to-use APIs for integrating different financial tools and services.
- Custom Solutions: Enabled customization of API interactions to meet specific business needs.
Electronic Payments & Multi-Currency Processing
Facilitated electronic payments with support for multiple currencies and accounts.
- Global Transactions: Supported global transactions through multi-currency processing.
- Secure Payments: Implemented secure electronic payment solutions to protect users and businesses alike.
Fraud Management & Analytics
Implemented advanced fraud detection and analytics to protect transactions.
- Real-Time Fraud Detection: Introduced tools to monitor transactions in real-time, preventing fraudulent activities.
- Data-Driven Insights: Utilized analytics to provide actionable insights, helping businesses optimize their operations and reduce risks.
03. The Results
Empowering Businesses with Comprehensive Open Banking Solutions
- Streamlined Payment Processes: The enhanced payment processing system allowed businesses to manage transactions more effectively, reducing processing times and improving customer satisfaction.
- Optimized Financial Operations: The new billing and settlement platform streamlined financial operations, enabling businesses to handle complex transactions effortlessly.
- Enhanced Security: Bank-grade security measures and advanced fraud management tools provided a secure environment for open banking operations.
- Regulatory Compliance: Ensured full compliance with open banking regulations, giving businesses confidence in their operations.
- Global Reach: The multi-currency and multi-purse processing capabilities opened up new markets, enabling Tarabut Gateway to expand its reach across different regions.
- Effective Campaign Management: The integrated campaign management tools helped businesses to launch and monitor their marketing campaigns efficiently, driving better engagement and returns.
Tarabut Gateway successfully positioned itself as a trusted partner in the financial ecosystem, offering a platform that supports the secure and efficient use of open banking, driving innovation, and empowering businesses to leverage new opportunities in the financial sector.
Clients:
Jessica Brown
Category:
Date:
20 may, 2021
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