The core banking module provides different account types, keeps records of the transactions made on the accounts, and allows creating and enabling of prices for the transactions. It also includes an option to manage deposits and currency rates.
The payment module provides capabilities to initiate and validate payments according to specific payment formation rules like SEPA, SWIFT, and also several local payment rules. It also incorporates automated payment processing and settlement via different payment service providers as per requirements.
The lending module facilitates a three-step loan management process consisting of loan application, loan offer and loan contract. This module also allows for setting up and managing different loan products. Additionally, the customers can enhance the loan module capabilities with the optional debt and collateral management APIs.
The card module facilitates issuing of debit and credit cards. It includes the ability to define card products by enabling a specific set of features for the card user. By default, the card module is integrated with Tuum's banking core, but it can also be integrated with other core banking solutions via APIs.
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