Building Your FinTech Solutions:
AI-Powered, Scalable & Compliant

PRODUCT ENGINEERING
For Financial Services

The Financial Services industry, broadly including Banking, Insurance, FinTech, and other financial services as the backbone of the global economy, has not been untouched by technological advancements and digital transformation. The industry veterans have been challenged for product and innovation-led growth to meet the evolving demands of consumers and businesses while considering the needs of personalization, privacy, compliance, and customizable products.

In such a demanding and competitive market, SapidBlue can contribute to your transformation journey with a product-centric mindset. Our contribution goes beyond “Just a Dev Shop Model” or a “Typical IT Staffing Approach”; we partner in your Product Innovation, Strategy, Roadmap, Design, and Development journey. Additionally, we lead this transformation by leveraging AI and Blockchain First Approach , as our design principle, to create cutting-edge digital products that revolutionize financial services.

OUR TEAM BRINGS TO YOU

Building & Managing Scalable & Highly-Available Platform for

1M+

Retail Touch Points

Experiences of working with Global Fintechs

10+

Countries

Product & Technology Transformation of a Legacy Platform delivered

20x

Business Growth

Our Experiences

Delivering Innovation with AI & Blockchain First Approach

Digital Wallets and Mobile Money

Our expertise in developing digital wallet and mobile money solutions has empowered financial institutions to offer secure and convenient platforms for various financial transactions. These solutions featured peer-to-peer & peer-to-merchant transfers, bill payments, and integration with banking services, providing a seamless user experience with robust security measures.

Key Features developed:

Multi-Company / Multi-Tenancy support:Customizable and configurable features, parameters and system policies for different companies/brands.
Multi-currency support:Holding and transacting in multiple currencies.
QR code payments:Quick and easy transactions using QR codes.
Biometric authentication:Enhanced security through fingerprint and facial recognition.
Sub-wallets & Transaction limits:Smaller sub-wallets and defining limits within regulatory limits.
Real-time notifications:Instant alerts for all transactions to keep users informed.

Financial Service Aggregation

With our expertise in integration management, high transaction volume, and seamless user experience, we have built comprehensive financial services aggregation platforms that enables respective users to manage their entire financial portfolio and local commercial & e-government services from one place. Experience spreading over 250+ such integrations, our team has enabled such aggregators to manage operations effectively.

Key Features:

Single Service - Multiple Vendors:Service orchestration across multiple vendors for business continuity and better service.
Speed of Integration:System design to unify and generalize integrations, for ultimate time to market.
Personalization:AI tailors recommendations based on spending patterns.

Open Banking and Personal Finance Management

We have not only assisted banks to adopt Open Banking standardization on top of their core banking solutions, but also enabled young businesses to offering new age Fintech services like Personal Finance Management, Expense analytics, Budget and Financial Goal setting and management, financial recommendations for end users. Such solutions were designed to improve financial health of the users.

Key Features:

API integration:Secure connections with banks and financial institutions.
Data analytics:Insights into spending habits and financial trends.
Budgeting tools: Customizable budgets and spending limits.
Investment tracking:Monitoring and analysis of investment performance.

Credit Reporting Using Alternative Data Sources

Traditional credit reporting methods have largely relied on credit card & mortgage payments, but often overlooked other valuable data sources to accurately assess an individual's creditworthiness. We have enabled businesses to build credit reporting solutions to leverage data sources, such as utility payments and rental history, to create a more comprehensive credit profile. This helps financial institutions make better lending decisions and expand credit access to underserved populations.

Key Features:

Absorb - Verify - Validate the alternative data:Non-traditional data sources can offer information in a very subtle yet unique ways, so verification of expected payments and and validation of actual payments is a complex use case.
Simple-yet-Complex Use Cases:Managing complex and unique use cases hidden in overtly simple transactions.
Real-time updates:Continuous monitoring and updating of credit profiles.
Customizable reports:Tailored credit reports based on specific lender requirements.

Our Experiences

Delivering Innovation with AI & Blockchain First Approach

Book An Exploratory Call

Digital Wallets and Mobile Money

Key Features developed:

Multi-Company / Multi-Tenancy support:Customizable and configurable features, parameters and system policies for different companies/brands.
Multi-currency support:Holding and transacting in multiple currencies.
QR code payments:Quick and easy transactions using QR codes.
Biometric authentication:Enhanced security through fingerprint and facial recognition.
Sub-wallets & Transaction limits:Smaller sub-wallets and defining limits within regulatory limits.
Real-time notifications:Instant alerts for all transactions to keep users informed.

Financial Service Aggregation

Key Features:

Single Service - Multiple Vendors:Service orchestration across multiple vendors for business continuity and better service.
Speed of Integration:System design to unify and generalize integrations, for ultimate time to market.
Personalization:AI tailors recommendations based on spending patterns.

Open Banking and Personal Finance Management

Key Features:

API integration:Secure connections with banks and financial institutions.
Data analytics:Insights into spending habits and financial trends.
Budgeting tools: Customizable budgets and spending limits.
Investment tracking:Monitoring and analysis of investment performance.

Credit Reporting Using Alternative Data Sources

Key Features:

Absorb - Verify - Validate the alternative data:Non-traditional data sources can offer information in a very subtle yet unique ways, so verification of expected payments and and validation of actual payments is a complex use case.
Simple-yet-Complex Use Cases:Managing complex and unique use cases hidden in overtly simple transactions.
Real-time updates:Continuous monitoring and updating of credit profiles.
Customizable reports:Tailored credit reports based on specific lender requirements.

Revolutionizing Trade Finance with Invoice Factoring

Enhancing Governance, Risk & Compliance (GRC)

Streamlining Regulatory Reporting

Revolutionizing Trade Finance with Invoice Factoring

Banks are overloaded with Invoice Financing (Invoice Factoring) workloads to review thousands of invoices and are left with no choice but to resort to sampling techniques. Such sampling in finance is prone to errors and fraud. With our AI & Blockchain First Approach, we have enabled financial institutes to disrupt trade finance business not only for digitization and fraud detection through AI, but also bringing immutable traceability through Blockchain. Such solutions ensured secure, transparent, and efficient processing of trade finance transactions, reducing risks and enhancing trust between trading partners.

AI Use Case

SME Registration &
Profile Setup

KYC & Credit Scoring

Invoice, PO & Credit
Notes

Digitization, Verification Fraud & Anomaly Detection

Blockchain Use Case

Credit Appraisal Memo &
Auto Evaluation

Blockchain Storage and Immutable Traceability

ILien Tagging & Tracking

Avoid Duplicate
Financing

Enhancing Governance, Risk & Compliance (GRC)

Integrating AI First Approach as our design principle helped us contribute to regulated businesses to revolutionize the way such organizations manage governance, risk, and compliance. Primarily, our AI-based building blocks can identify design, implementation, and knowledge gaps to enhance the effectiveness of GRC frameworks and ensure adherence to regulatory requirements.

Rules, Regulations & Standards

Legal & Regulatory or Best Practices

DESIGN GAP

Gen AI / NLP based
Policy Audit

Organization
Policy

Contextual
Organisation

IMPLEMENTATION GAP

Discovery & System
Scans

Organizational
Implementation

System Configurations & Processes Implemented

Knowledge Gap

Gen AI based
Interviewing & Audit

STAKEHOLDERS
TRAINING

Periodic Training &
Certifications of People

Rules, Regulations & Standards

Legal & Regulatory or Best Practices

DESIGN GAP

Gen AI / NLP based
Policy Audit

Organization
Policy

Contextual Organisation

IMPLEMENTATION GAP

Discovery & System
Scans

Organizational
Implementation

System Configurations & Processes Implemented

STAKEHOLDERS TRAINING

Periodic Training &
Certifications of People

Knowledge
Gap

Gen AI based Interviewing & Audit

Streamlining Regulatory Reporting

Compliance officers face significant challenges in data collection, audit and report generation for regulatory reporting. Our AI-First Approach has given us an opportunity to see the possible solution from a different perspective and enable our clients use such AI based compliance bots to ensure timely and accurate submissions, reduce compliance costs, and minimize the risk of regulatory penalties.

AI - Based Data Collection, Audit & Verification

Automatic
Data
Collection

From Existing
Systems - Reducing
Human Errors

AI Based Assistant

(For Audit and Verification Tasks)

Red Flag Suggestions (Anomaly Detection)
Validation against Commitment, Plan or Terms & Conditions
Validation against Monthly -> Quarterly -> Yearly Reports
Periodic Data / Format Changes as per Regulators Guidelines

Automatic Report
Generation &
Submissions

(Refinement,
Submission & Auto-
Response)