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What is Orum.io?

Orum is transforming payment technology for enterprises by improving transaction speed, reliability, and management through an all-encompassing API-based model. We provide quick payment solutions at competitive bank-rate ACH pricing, alongside extended processing hours and immediate bank account verification. Our uniquely crafted portal and ledger facilitate the seamless management and optimization of payment processes. Say goodbye to the frustrations of costly bank integrations and protracted compliance requirements; we can get you up and running in two weeks or even less. Our user-friendly API allows for rapid and reliable payments, granting access to bank-rate pricing, longer processing times, and connections to all primary payment networks, including FedNow, RTP, Same Day ACH, ACH, and Wires. By utilizing a direct connection to The Federal Reserve’s payment system, our Deliver API acts as a strong service provider for all your payment requirements. With our forward-thinking solutions, businesses are poised to experience a smoother integration into the evolving realm of payment processing, ensuring they remain competitive in a fast-paced market. Ultimately, Orum empowers businesses to focus more on growth while we handle the complexities of payment technology.

What is Instant Bank Verification?

Instant Bank Verification (IBV) is a cutting-edge service that allows lenders to confirm financial information in real-time with user consent. Utilizing IBV, you can authenticate user identities and mitigate the risk of fraud. Additionally, it enables immediate verification of account balances, employment status, and income levels while providing access to transaction histories. The ability to validate borrowers' assets directly from the source enhances the reliability of the lending process. With a flexible pricing model, you only incur costs for the services you actually use, making IBV an attractive option for various loan origination scenarios. This service is particularly well-suited for short-term loans, retail lending, auto financing, property rentals, and many other financial needs. Furthermore, IBV can be seamlessly integrated into your current website through a user-friendly web portal or a comprehensive document API. For more insights into how IBV can streamline your lending processes, be sure to explore our demo. By leveraging these functionalities, lenders can make informed decisions quickly and efficiently.

Media

Media

Integrations Supported

AngelList
Grid
Kinside
Marco
Public
Superorder
tranch

Integrations Supported

AngelList
Grid
Kinside
Marco
Public
Superorder
tranch

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Orum.io

Company Location

United States

Company Website

www.orum.io

Company Facts

Organization Name

MicroBilt

Date Founded

1978

Company Location

United States

Company Website

www.ibvnow.com

Categories and Features

Categories and Features

Banking

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

Financial Services

Analytics
Branch Optimization
Channel Management
Compliance Management
Customer Engagement
Performance Management
Risk Management

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

Loan Origination

Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application

Online Banking

Brokerage
Cash Management
Chat / Messaging
Credit Card Management
Electronic Statements
Fraud Detection
Loan Management
Marketing Automation
Retail Banking
Single Sign On
Transaction Monitoring

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