Overview

The SBS Digital Banking Suite is an open digital banking platform designed to help financial institutions navigate the digital revolution. It combines an API-first, cloud-native approach with human-centered design to ensure banks can keep pace with technological advancements. The suite offers composable banking capabilities, including an omnichannel customer experience and state-of-the-art middleware. It is core-agnostic and natively integrated with SBS core banking systems, allowing for flexible deployment either front-to-back or in a domain-focused manner. This flexibility enables financial institutions to adapt their business models to new growth and innovation scenarios at their own pace.

Features and Capabilities

• Modern Customer Experience:
  • Provides a seamless and engaging experience across all channels, enhancing customer satisfaction and retention.
• Comprehensive Library of Off-the-Shelf Banking Solutions:
  • Offers a wide range of pre-built banking solutions to meet diverse financial service needs.
• Payment Support:
  • Supports various payment methods, including Request to Pay, Instant Payments, Apple Pay, and Google Pay, ensuring convenience and flexibility for customers.
• Cloud-Native Infrastructure:
  • Operates on AWS with premium API capabilities provided by Axway, ensuring scalability and reliability.
• Compliance and Regulatory Reporting:
  • Ensures adherence to regulations such as KYC, AML, PSD2, and GDPR, providing robust compliance and regulatory reporting features.
• Middleware Functionality:
  • Utilizes OpenShift technology to support middleware functions, enhancing integration and operational efficiency.
• Customer Onboarding:
  • Enhances customer experience with quick and personalized digital onboarding that leverages the power of open banking.
• Open Banking Platform:
  • Enriches banking services with out-of-the-box use cases such as Remittance, Enhanced Onboarding, Personal Finance Management, and Credit Decisioning.
• Loan Origination:
  • Streamlines customer and back-office interactions with a fully automated, end-to-end process—from simulation to request to scoring to approval—in just minutes.
• Finance Management:
  • Helps customers improve their financial well-being with multi-banking and personal finance management solutions like budgeting, forecasting, and smart recommendations—all in one simple app.
• Open APIs & Marketplace:
  • Leverages open banking data and an ecosystem of partners to accelerate innovation and create tailored experiences that customers will love.
• Payments:
  • Facilitates easy transactions with support for Instant Payments, Request to Pay, Apple Pay, Google Pay, peer-to-peer, and mobile money. Also assists banks in supporting crypto accounts.