Supply Chain Ecosystem .
NEROKED partners with corporate clients (anchors) to provide liquidity support for their vendors and dealers thereby providing greater financial control and enhancing value chain relationships. Thus, integrating into the bank ecosystem and offering structured solution to the value chain partners.
- Vendor Finance : This program finances receivables of vendors of Corporates to enable the vendors enjoy timely availability of funds. It helps in maintaining the cash flow of a vendor and improves the performance of the value chain.
- Dealer Finance : Financing purchases of Dealers from Corporate clients and hence meets the working capital needs by providing additional liquidity to dealers. A revolving line of credit is provided for dealers of the Corporate and payment from such working capital facility is restricted to Corporates only.
Card Management Platform .
It provides rich functionality and a comprehensive processing environment for card issuance and merchant acquiring, with a powerful integration module with third-party banking and back-office systems. ... Our Card Management system allows you to issue debit, credit and prepaid cards from a single platform.
BENEFITS
- Increased revenue opportunities through new product introduction
- Strengthened customer relationships with enhanced services
- Attraction of new customers
- Competitive differentiation
- Scalability and flexibility
API as a service .
API is the acronym for Application Programming Interface, which is a software intermediary that allows two applications to interact with each other. For example, each time you use an app like Facebook, send an instant message, or check the weather on your phone, you are using an API.
It serves as an interface between different software programs and facilitates their interaction, similar to the way the user interface facilitates interaction between humans and computers. APIs provide a standard way of accessing any application data, or device, whether it is accessing cloud applications like Salesforce, or shopping from your mobile phone.
BENEFITS
- Flexibility: A flexible infrastructure with end-to-end capabilities.
- Automated: A fully-automated banking services platform for your enterprise use.
- Adaptable: Adaptable to the existing application and customizable to business needs.
Platform as a service .
At the top of the baap model would be banking as a platform provider (BaaP). The BaaP would be a bank that is fully licensed or use an external regulated bank’s licensed banking services. The decomposed banking services are in essence, plugged into this layer. Data-security plays a crucial role in the BaaP. There is a need for monitoring functions that will enable seamless and secure operations across applications and domains through secure authentication.
- Identity federation across domains
- Identify propagation across apps
- Level of authentication
