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What is Trusek?

With more than $17 bn processed on our platform Trusek enables FinTechs, FIs & Banks to launch new products 10 times faster than traditional development. We empower FinTechs & FIs to innovate faster, scale seamlessly & reduce costs Trusek’s Payment & Settlement module supports: - Real-time Payment Processing through 3rd Parties connected to Payment Networks/ Schemes - 3rd Party Integrations with 3rd-party banking & payment providers via APIs - Real-time Account Updates on account balances & transaction status - Dual entry accounting throughout - Efficient Bulk Payment processing of bulk payments & payouts - Streamlined Reconciliation: Real time Bank Reconciliation reports - Comprehensive Reporting: Generates customer statements Trusek's robust Foreign Exchange capabilities, offer seamless integration with a wide range of 3rd-party Forex Providers ensuring access to the global currency markets you require. Features include: - Extensive Currency Support: Access over 65 currencies - Single account holding multiple currency balances - Control Over Conversions: No forced conversions. Maintain full control over when & what currency conversions are executed - Comprehensive Trading Support: Supports Spot, Limit, & Future trades - Real-time Operations: real-time currency conversions & Tx recording - Streamlined Account Management: Currency accounts set up in real-time - Efficient Reconciliation: accurate & timely reporting - Comprehensive Reporting: on foreign exchange operations The API Connections Hub expands the service capability and supports integration with 3rd party Fx, Payments, Risk, Compliance & Financial services providers - External integrations may include: - Currency exchange - KYC/sanctions checking - AML transaction monitoring - Banking and reconciliation - Savings, Loans & Overdrafts - Visa/MasterCard issuing Why wait? DIY takes more than 60 weeks. ** We deliver in less than 6! **

What is Cross River?

We enable our clients to provide financial solutions that give consumers the ability to access services anytime and from any location. At the core of our operations is technology, which is reshaping the business environment for our fintech partners. Our offerings include efficient payment solutions such as ACH, wire transfers, card disbursement, and money transfers, all enabled through APIs while maintaining a strong focus on compliance. Moreover, we supply loan origination services for leading marketplace lending platforms, improving credit accessibility in the market. Our API-driven banking platform, known as the Cross River operating system, allows fintechs to seamlessly incorporate and utilize a range of customizable and secure banking services. We also present advanced financing options, including off-balance-sheet and asset-backed credit facilities, specifically geared towards supporting the expansion of our partners. Our dedication extends to addressing the needs of our communities by offering a tailored and comprehensive banking experience. Additionally, we conduct exhaustive risk assessments, due diligence, continuous testing, and monitoring to create a dependable internal compliance management system that fosters trust and security. This all-encompassing strategy not only encourages innovation but also fortifies our relationships with both clients and consumers. By prioritizing collaboration and adaptability, we ensure that our services remain relevant in an ever-evolving financial landscape.

Media

Media

Integrations Supported

Banking Circle
Cisco Duo
ClearBank
Currencycloud
Equals Money
Lexis
Modulr

Integrations Supported

Affirm
Coinbase
Finix
Stripe
Visa Click to Pay
VoPay

API Availability

Has API

API Availability

Has API

Pricing Information

Trusek’s platform is a highly configurable and flexible cloud-based service. Pricing is based upon the number of service elements and external API integrations required together with volumes of transactions processed.

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

Trusek

Date Founded

2015

Company Location

United Kingdom

Company Website

www.trusek.com

Company Facts

Organization Name

Cross River

Date Founded

2008

Company Location

United States

Company Website

www.crossriver.com

Categories and Features

B2B Payment

Not specified

Banking

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

Currency Exchange

Client Management
Custom Account Statements
For Money Exchanges
Margin Management
Real Time Currency Quotes
Transaction Management

Categories and Features

Banking

Not specified

Embedded Finance

Not specified

Online Banking

Not specified

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