Loyalty / Rewards
iOS and Android apps
Jusoor is a fully integrated and compliant suite of Fintech services (banking, payment, and cards); which allows companies to quickly build amazing experiences to wow users. With Jusoor, you can embed a delightful payment experience in your product with bank-grade security and the backing of a licensed and regulated partner bank.
Financial institutions are pursuing new innovation models, and non-financial brands are looking to drive deeper customer engagement, while fintechs seek compliant and secure delivery methods for new financial services. Banking-as-a-Service programs unlock opportunities for each of them.
Both Fintech as a Service and Banking as a Service allow banks, fintechs, and other third parties to connect with banks’ systems directly via APIs so they can build banking offerings on top of the providers’ regulated infrastructure, as well as unlock the open banking opportunity reshaping the global financial services landscape.
With the power of open banking infrastructure and modular lego-type FaaS, any Fintech and Legacy Bank in the Middle East can now have access with a single API to a one stop shop that spans from real time digital onboarding, real time ledgering, real-time card issuance & processing; plastic, virtual, prepaid, debit, and credit cards, FX, lending, rewards & loyalty, and much more.
ISC is partnering with several banks in the region that will offer their Bins and access to payment rails which will allow a fast track launch for Fintechs in the MENA. Disrupting the financial sector in a positive way: “every company will be a fintech”.
With a single API, you have access to a wealth of products and services: digital onboarding, real time ledgering, real-time card issuance & processing (plastic, virtual, prepaid, debit, credit card), FX, lending, loyalty, rewards, and much more.
We provide WHITE LABEL PAYMENT PLATFORM for banks, fintechs, telcos and brands. Our services are based on a simple premise — instead of paying for the full spectrum of design and development work, get a ready-made platform and brand it as your own.
ISC’s APIs are the building blocks for customers to build pretty much any financial use case they can imagine. The use cases are also diversified, with the top three being lending, banking and savings related, which are embedded into fintech, retail, telco, insurance and other customer journeys. We also offer credit card as a service allowing any company to offer a branded credit card using the ISC’s infrastructure and tech. In less than 12 weeks, we deliver a credit card in the customer’s brand along with a user journey seamlessly embedded into the customer’s existing user experience.
Loyalty / Rewards
iOS and Android apps
The nature of the financial institution is changing and people are responding in kind — with the uptake of platform functionality, consumers are showing that they want to bank with the brands they love. New solutions allow brands to seamlessly plug into banking plumbing to offer banking products.
Our Jusoor platform uses APIs to embed financial services in third party products. Jusoor is a modular transactional platform which supports open banking for the sharing of financial data.
Fintechs need to move quickly while limiting their cash burn. Jusoor enables fintechs to provide or model their product around these banking services easily and inexpensively. Whether a debit card is an add-on feature or integral to an offering, upstart financial technology firms can build on top of Jusoor platforms to offer the same types of services that banks offer their customers, but integrated more tightly into their own tech stacks.
With companies like Uber and Apple offering banking services, many established brands are interested in offering banking services to their current clients. Getting a bank license is an onerous task, and fast-moving firms do not want to lose focus on their core product while navigating the complex banking world. Many of today’s top brands have incorporated some form of banking or payments into their platforms, more deeply servicing their customers and diversifying their revenues.
Banks can use partnerships with platforms to expand their geographic and demographic reach. There are opportunities for banks to provide the core banking services behind many of today’s top Banking as a Service platforms and relationships. Acting as a bank in a banking as a service ecosystem also helps these financial services firms acquire customers they wouldn’t normally be able to onboard, at a much lower price than through direct marketing. For example, in 2020, Google revealed its plans to offer its own banking prod ucts delivered through a service it’s calling Google Plex. Google will provide a banking interface to its Google Pay users and a series of banking partners, including Citi, Stanford Federal Credit Union, and Seattle Bank, will provide co-branded back-end banking services, like debit cards and checking accounts. Bank partners will leverage Google’s brand and reach to tap into entirely new pools of customers.
Empowering the move to make financial services ubiquitous is a set of technologies called fintech as a service.