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.
PRODUCT ENGINEERING
For Financial Services
For Financial Services
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
Digital Wallets and Mobile Money
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
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
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
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.
Disrupting the Financial Services Industry with AI & Blockchain
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
Profile Setup
KYC & Credit Scoring
Invoice, PO & Credit
Notes
Notes
Digitization, Verification Fraud & Anomaly Detection
Blockchain Use Case
Credit Appraisal Memo &
Auto Evaluation
Auto Evaluation
Blockchain Storage and Immutable Traceability
ILien Tagging & Tracking
Avoid Duplicate
Financing
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
Policy Audit
Organization
Policy
Policy
Contextual
Organisation
Organisation
IMPLEMENTATION GAP
Discovery & System
Scans
Scans
Organizational
Implementation
Implementation
System Configurations & Processes Implemented
Knowledge Gap
Gen AI based
Interviewing & Audit
Interviewing & Audit
STAKEHOLDERS
TRAINING
TRAINING
Periodic Training &
Certifications of People
Certifications of People
Rules, Regulations & Standards
Legal & Regulatory or Best Practices
DESIGN GAP
Gen AI / NLP based
Policy Audit
Policy Audit
Organization
Policy
Policy
Contextual Organisation
IMPLEMENTATION GAP
Discovery & System
Scans
Scans
Organizational
Implementation
Implementation
System Configurations & Processes Implemented
STAKEHOLDERS TRAINING
Periodic Training &
Certifications of People
Certifications of People
Knowledge
Gap
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
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)
Submission & Auto-
Response)
Disrupting the Financial Services Industry with AI & Blockchain
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
Profile Setup
KYC & Credit Scoring
Invoice, PO & Credit
Notes
Notes
Digitization, Verification Fraud & Anomaly Detection
Blockchain Use Case
Credit Appraisal Memo &
Auto Evaluation
Auto Evaluation
Blockchain Storage and Immutable Traceability
ILien Tagging & Tracking
Avoid Duplicate
Financing
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
Policy Audit
Organization
Policy
Policy
Contextual
Organisation
Organisation
IMPLEMENTATION GAP
Discovery & System
Scans
Scans
Organizational
Implementation
Implementation
System Configurations & Processes Implemented
Knowledge Gap
Gen AI based
Interviewing & Audit
Interviewing & Audit
STAKEHOLDERS
TRAINING
TRAINING
Periodic Training &
Certifications of People
Certifications of People
Rules, Regulations & Standards
Legal & Regulatory or Best Practices
DESIGN GAP
Gen AI / NLP based
Policy Audit
Policy Audit
Organization
Policy
Policy
Contextual Organisation
IMPLEMENTATION GAP
Discovery & System
Scans
Scans
Organizational
Implementation
Implementation
System Configurations & Processes Implemented
STAKEHOLDERS TRAINING
Periodic Training &
Certifications of People
Certifications of People
Knowledge
Gap
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
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)
Submission & Auto-
Response)
Operating in B2B2C mode with 1M+ Retail Touchpoints & 100+ Service
WHY US
Differentiating through Entrepreneurial Spirit in Action
Uniquely Distinguished
Product Innovation &Solution Engineering
- NOT Just a Dev Shop
- NOT Order - Takers
- Bring Art of Questioning
Our Design Principle
AI & BlockchainFirst Approach
- CHANGING the lens
- TRUE Use Cases of New Tech
- Future Proofing
Continuously Investing in
CustomizableDigital Accelerators
- Mature Digital Platform
- Shorten Time to Market
- Quality at Speed
Insights
Sharing our experiences & learning from yours
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Get in touch
Contact Us
We excel at digital product & data engineering to deliver awesome products with AI & Blockchain First Approach. By seamlessly merging our strategic design, advanced engineering, industry knowledge, and our partners' great talents, we help our customers discover future possibilities and accelerate their journey toward them.
We will love to hear from you, you may either write to us OR book an exploratory call to talk to us.