What is Bitt?

Creating payment systems that promote social inclusion, empower individuals financially, and drive economic advancement for both present and future generations is crucial. The transition to digital currency marks a rational evolution away from the current unsafe and inefficient dependence on physical money, moving towards a more secure and effective digital payment system. By harnessing the potential of distributed ledger technology (DLT) and blockchain, central banks can facilitate this significant change. Bitt’s Central Bank Management Panel software is designed to provide immediate insights and reports on transaction activities, including transaction volumes, speeds, and the flow of money within the economy. This capability enables central banks to effectively oversee the ramifications of monetary policy, ensuring they can make prompt adjustments as required. Moreover, implementing an interest-bearing Central Bank Digital Currency (CBDC) could serve as a dependable store of value, providing returns akin to those of other low-risk investments, such as short-term government bonds, thereby boosting financial stability and trust in the monetary system. Furthermore, the evolution of payment technologies not only simplifies transactions but also plays a vital role in fostering a more inclusive economy, ensuring that all segments of society can participate in and benefit from financial advancements.

Integrations

No integrations listed.

Screenshots and Video

Bitt Screenshot 1

Company Facts

Company Name:
Bitt
Date Founded:
2013
Company Location:
United States
Company Website:
www.bitt.com

Product Details

Deployment
SaaS
Training Options
Documentation Hub
On-Site Training
Video Library
Support
Standard Support
24 Hour Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Bitt Categories and Features

Mobile Banking Software

Bill Payment
Biometric
Cash Management
Chat / Messaging
Cross Selling Functionality
Digital Wallet
P2P Payments
Remote Deposit
SMS Banking
Transaction Monitoring
Voice Banking

Banking Software

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

AML Software

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List