Platform module
Core Banking
A modern core for accounts, wallets and real-time transaction processing.
Overview
What it does
The Core Banking module provides account management and transaction processing for the full range of retail products. Use it to host mobile wallets and a variety of savings, current and loan accounts, including the high-volume, low-value accounts that serve farmers, students, SMEs and kids.
Larger banks run it alongside their main core to take load off legacy systems: transaction processing gets faster, licensing costs come down, and product teams gain the flexibility to launch innovative products without touching the main core.
Capabilities
What Core Banking gives you
Account management
Host wallets, savings, current and loan accounts with flexible product configuration.
Real-time processing
A posting engine engineered for sub-second response in high-volume, real-time transactions.
Multi-currency
Hold and transact in many currencies, with foreign exchange capability built in.
Teller functions
Branch and teller services for cash-in, cash-out and back-office operations.
Interbank payments
Clear and settle with other institutions through the payment exchange interface.
Non-interruptible EOD
Day-end processing runs without taking customer services offline. Zero-downtime philosophy.
Auto-reconciliation
Built-in balance auto-verification and reconciliation keep the ledger provably correct.
Full auditing
Every human action is logged, with a maker-checker philosophy throughout.
Works with
Modules that pair well with it
Every Cashlinq module integrates with the rest of the platform out of the box. Start with one and add the next when you're ready.
Digital Wallet
A digital wallet platform that lets banks, MNOs and fintechs offer convenient, affordable transacting to everyone.
Lending
A comprehensive lending solution for microfinance institutions and banks: origination, underwriting, servicing and reporting in one module.
Open Banking
Standardized Open Banking APIs for third-party providers, so your institution can offer Banking as a Service.
Ready to see Core Banking in action?
Tell us about your market and your goals, and we'll walk you through the module and how it fits your stack.