Non-Bank Financial Institutions (NBFI’s) play an increasingly important role in the global financial system. However, with great divergence in business models, financial strength, transparency, and regulation, it can be challenging for NBFI’s to optimise business opportunities while balancing the growing shackles of compliance and competition from banks.
The challenge? In today’s digital world, there’s no room for manual processes and systems. That’s why NBFI’s need the right tools in place to effectively manage compliance at the same time as providing frictionless customer experiences.
Pelican’s payments and compliance solutions provide an AI-enabled platform to allow NBFI’s to meet their operational, payment processing, and compliance needs, making key resources available to compete in a highly competitive field of financial services. Pelican AI’s domain expertise in Payments, Transaction Banking, Trade Processing, and Compliance, make it possible for NBFI’s to significantly improve operations and offer customers the best-in-breed solutions to thrive in a hyper competitive and demanding environment.
Integrated Payments and Compliance
Our comprehensive and integrated payments and compliance solution provides banks with a complete digital platform for the open and instant environment to innovate, compete and quickly gain market share.
Scalable & technology-agnostic
Our solution is modular and scalable using cloud, on-premise, or hybrid deployment while allowing efficient and resilient operations and compliance with high throughput.
Integrated, any-to-any payments and messaging Hub for all banks and payments and statement transaction types.
Pelican NBFI Platform
Advanced AI-enabled platform
Pelican’s payments and compliance solutions for NBFI’s is an advanced AI-enabled platform to allow NBFIs to meet their operational, payment processing, and compliance needs, making key resources available to compete in a highly competitive field of financial services.
Pelican AI provides the most mature payment and compliance platform today, for NBFIs whose onerous operational and compliance requirements match other industry players such as banks and fintech’s.
Pelican’s agile payments platform streamlines processing and financial communication. This removes the need to significantly adapt existing systems or undertake complex configurations and integration work to exchange information with customers, 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 today’s NBFIs need to stay ahead in today’s dynamic marketplace.
Pelican NBFI Platform consists of:
- "Payment Gateway"
- "Collections" Hub (MM, DD)
- AML/TMSanctions + SL
- Fraud Detection
- Cash Reporting (AIS)
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 for NBFI 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
Seamlessly Integrated Technologies
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. This includes the AI disciplines of Machine Learning, NLP, and Voice, Open API integration, rich Omni-Channel UX, flexible Cloud deployment scenarios, and real-time payments and compliance capabilities.
Our business apps consist of:
- Digital onboarding and KYC
- Merchant pay
- BizCollect (TopUps, Collections)
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.
Related resources & information
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