Overview
iGTB's BaaS solution creates the infrastructure for Banks to embed their services within a customer's ecosystem through a series of APIs, reshaping the way they can offer products and services to customers and beyond. Using our solution, non-bank corporates and fintechs can now use their own platforms to offer financial products that are powered by a bank.
The BaaS offering provides the ability to offer the following services by a BaaS Provider (a bank) to a BaaS Partner (a business or an e-business having relationships with end customer), which are enabled by Intellect's platform.
- Ability to open and close deposit accounts
- KYC checks, Regulatory compliance
- Balance and transaction reporting
- Ability to make transactions via ACH or immediate payments
- Ability to accept transactions via checks or debit cards
Three different models are supported.
- Direct Embedding (into B2B, B2C marketplaces and e-commerce platforms)
- White labeling (to distribute banking services via fintechs or aggregators)
- Enabling non-banks (to operate like a bank)
Please note that the listing price is subject to change based on each bank's specific needs. Please reach out to our support contacts (listed below) to finalize pricing.
Highlights
- Provide APIs for the numerous banking and transaction capabilities that can be consumed by customers
- Integrate intelligently with different core banking systems / DDAs or product processors to the extent a functionality is best leveraged from within bank ecosystem and is not duplicated within a separate BaaS platform
- Functionally and technically scale to very significant volumes that a B2B or B2C or B2B2C use cases may demand
Details
Features and programs
Financing for AWS Marketplace purchases
Pricing
Dimension | Description | Cost/month |
|---|---|---|
BaaS Basic | Out of the Box BaaS Product | $1,000.00 |
Vendor refund policy
All fees are non-cancellable and non-refundable except as required by the law. iGTB may suspend or terminate the Services, in addition to other rights and remedies, if fees are past due and services are consumed. The model selected by you in this ordering documentation are deemed accepted upon the provisioning of the applicable service by iGTB for your use.
Legal
Vendor terms and conditions
Content disclaimer
Delivery details
Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
Resources
Vendor resources
Support
Vendor support
Please reach to balakrishnan.n@intellectdesign.com , ashok.vedartham@intellectdesign.com , and sohan.ahmad@intellectdesign.com to discuss further questions or options around pricing as well as the need for any customization.
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
