MARKET DEMANDS
Intelligent Embedded Finance for Your Business Customers
With strong competition and a challenging economy, businesses are looking for time savings and convenience. Financial Institutions can gain competitive advantage by natively integrated financial functions within the software they use to run their businesses. Ninth Wave Direct is designed for intelligent embedded finance.
Ninth Wave Direct extends an FI’s data sharing with deep two-way integration into business operations, financial planning and accounting packages for improved cash flow, balance transparency, payment initiation and enhanced reporting.
NINTH WAVE DIRECT | Intelligent Embedded Finance
Features
- Ability to connect and consent to import of bank data directly within accounting system or software package
- Import of 90 days of transaction history
- Real-time import and display of current balances
- Customer onboarding and entitlement structure
- Contract coordination if/when direct contract is required between FI and 3rd party
- NW Portal access for application management, user provisioning and reporting
- Maintenance and upkeep of integration connectors, adaptors and exchange formats
- Funds transfers, payment initiation (ACH, Wire, Card, Check), stop payments and positive pay (add-on to subscription +)
- Testing and certification for each application based on the specific 3rd proprietary APIs and processes
- 24 x 7 Tier 2 support
Download the Ninth Wave Direct fact sheet here!
NINTH WAVE DIRECT | Intelligent Embedded Finance
Your Open Finance Solution for Value Driven Integration
- Builds a more competitive and differentiated product offering for FI Treasury Management and Corporate Banking divisions
- Brings broader exposure to bank services through direct marketing in software package
- Provides product entitlement, onboarding and reporting structure for FI to track, provision and bill bank customers
- Enables business banking customers to access their bank data and payment functions directly within their preferred application
- Improves usability above and beyond the out-of-the-box experience for finance personnel performing daily reconciliation and AP payment tasks