The endless stream of financial services initiatives such as Open Banking, Buy-Now-Pay-Laters (BNPL) and all types of payments processing have defined Fintechs. Yet, as Fintechs enter the next generation of success, they need a solid & proven technological ecosystem to be able to harness the opportunity. After all, competing with well-established banks and offering superior customer experience in a highly regulated and competitive landscape is a major challenge.
The challenge? Embracing a generation of fast-paced millennials, while processing payments and preventing fraud and financial crime in real-time.
Pelican’s suite of solutions provide tangible business value to solve fundamental payments processing using open banking and Instant payments, , fraud, and compliance challenges of Know Your Customer, Customer Due Diligence, Sanctions and AML in a complex Fintech world. Partnering with Pelican provides AI-powered payments, compliance and fraud prevention across the entire lifecycle to protect your growing portfolio and provide value-adding services.
Adapt to new payment methods and future-proof your business with flexible and scalable AI-powered technology that prioritises a frictionless customer experience for processing payments while increasing STP and reducing false positives. Through our purpose-built highly interoperable solution, Fintech businesses can easily integrate Pelican to access automated, open and instant payments and comprehensive fraud and financial crime compliance across the entire customer lifecycle.
API-driven Payments as a Service
Our comprehensive open and instant payment solutions uses APIs to support integration of all internally built applications with, payments infrastructures and banks, for all transaction types.
Scalable & technology-agnostic
Our solution is modular and scalable using cloud, on-premise, or hybrid deployment while allowing efficient and resilient operations.
Integrated financial crime compliance
Fully integrated AI-powered financial crime compliance suite for KYC/CDD, Sanctions, AML, and Fraud detection.
Pelican Fintech Platform
Today’s most mature Open Banking platform
Pelican’s payments solution for Fintechs is advanced and component-based to allow Fintechs to meet their operational, payment processing and compliance demands, enabling them to thrive in a complex financial services arena.
Pelican offers pan-European API interoperability to take full advantage of Open Banking. Our Open Banking platform connects 4000+ banks in Europe, with an ability to connect to over 500 million potential customers. It provides the most mature Open Banking platform today, for Fintechs to offer TPP services covering both AIS and PIS.
Pelican’s agile payments platform streamlines processing and financial communication, removing the need to significantly adapt your own systems or undertake complex configurations and integration work to exchange information with your banks, affiliates or subsidiaries.
Pelican utilises a range of Artificial Intelligence (AI) disciplines to deliver innovative payments and compliance solutions – giving you the security, flexibility, efficiency, and insight your business needs to stay ahead in today’s dynamic marketplace.
Pelican’s solutions offer a full-scope of payment processing, covering every aspect of payments.
Pelican’s domain expertise in payments, transaction banking, trade processing, and compliance, makes it possible for Fintechs to be highly efficient while providing friction-free customer experiences to thrive in a hyper-competitive and demanding environment.
Pelican Fintech Platform consists of:
- Payment Hub
- "Collections" Hub (MM, DD)
- Digital Onboarding and Know Your Customer
- High Interoperability
Pelican Secure Suite
Compliance challenges. Solved.
The threat landscape for global payments has grown in reach, volume, and complexity. Anti-money laundering sanctions obligations and fraud detection are part of a broad compliance challenge across payments and trade finance. Recent breaches at banks across multiple regions have resulted in severe financial losses and hefty fines due to weaknesses in financial crime prevention controls.
Pelican Secure is a comprehensive suite of AI-powered Financial Crime Compliance solutions protecting all stages of the payments, trade and transaction lifecycle – comprising four modular solutions covering:
- Watchlist and Sanctions Screening
- AML Transaction Monitoring
- Payments Fraud Prevention
- KYC and Digital Onboarding
- Sanctions check all your counterparties, payments and trade using Pelican's Al-powered filtering solution.
- Supports all existing corporate message and file formats - no need to convert them.
- Financial Crime detection; analysing patterns of behaviour to identify fraud, AML and TBML.
- Uses cutting-edge machine learning techniques to identify and alert new AML and fraudulent patterns before it's too late.
- Improve efficiency with significantly reduced false positives.
Fintech Business Apps: A unique technology platform
Integrated advanced tools to power your growth
The PelicanPlatform is a comprehensive suite of seamlessly integrated technologies including AI, machine learning, natural language processing, real-time communication, and open API, which work in unison with a powerful transaction management layer built and refined over the last two decades, incorporating workflows, analytics, cloud, and mobile.
These elements combine together to provide an enriched user experience. The Pelican Platform powers the functionality
underpinning all Pelican solutions – Pelican Payments, Pelican Secure, and Pelican Open Banking and forms the basis of Pelican Innovation Hub.
The Pelican Innovation Hub brings together all of the modular and tightly integrated payments and compliance solutions. These all utilise the core technologies and capabilities of the Pelican Platform, including the Artificial Intelligence disciplines of Machine Learning, Natural Language Processing, and Voice; Open API integration; rich Omni-Channel UX; flexible Cloud deployment
scenarios; and real-time payments and compliance capabilities.
Fintech Business Apps
Cash Reporting (AIS)
Financial Health Check
Lending & Credit Check
Business Payments (Bills, Salary)
Business Collections (Customer Invoices)
Greater efficiencies and cost savings
Through full automation of payments, collections, exceptions, and reporting with complete visibility and control.
Less product integration needed
Out-of-the-box interoperability with financial crime compliance module: Pelican Secure.
Lower IT risk
Modular and scalable technology components developed and built in-house, therefore working seamlessly together.
Suitable for instant payments schemes
Robust and scalable, with high throughput/low latency.
Centralised transaction and cash visibility across all channels and accounts on one platform with views across Operations, Treasury, Compliance, and others.
Lower operations costs
Reduced manual interventions payments and compliance systems due to embedded artificial intelligence.
Leverages AI disciplines
Such as Natural Language Processing (NLP), and Machine Learning to increase processing efficiency - enhancing STP and automating routing.
Configurable dashboards and reporting
To support internal and regulatory audits, with alerts and escalations.
Find Out More
Built for simplicity and scalability, you can integrate Pelican in as little as four weeks. Reach out and our global team will help you find the right solution for your business.