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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Developing payment systems that foster social inclusion, empower individuals financially, and drive economic progress for both present and future generations is essential. The shift from a cumbersome and risky reliance on physical cash to a streamlined and secure digital payment framework represents a logical advancement in the flow of money. By leveraging Distributed Ledger Technology (DLT) and blockchain innovations, central banks can successfully facilitate this transformation. Bitt’s Central Bank Management Panel software offers real-time insights and comprehensive reports on transaction dynamics, including transaction counts, speeds, and money circulation velocity. This capability enables central banks to effectively gauge the impacts of their monetary policies and adapt them as needed. Additionally, the introduction of an interest-bearing Central Bank Digital Currency (CBDC) could serve as a reliable store of value, providing returns comparable to other safe assets like short-term government bonds, thereby enhancing the overall stability of the financial ecosystem. This evolution in payment systems not only bolsters economic resilience but also ensures a more equitable financial landscape for all.

Description

Elcoin Automated Banking System is a fully-fledged transactional bank system that supports a wide variety of financial intermediation models. Elcoin ABS is able to run automated banking infrastructures for payment service providers, commercial banks, and e-money companies. Elcoin ABS offers an open API architecture that allows you to request both internal services and global banking payment capabilities. Elcoin ABS offers modular functionality that can be assembled according to the business model and required services. These modules include Core and Contacts, Products and Accounts. Payments, Foreign Exchange, Cards Crypto, Treasury, Notifications Channels and Processes are all available.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

ACH Payments No 
Binance No 
ClearBank No 
Creatio No 
Currencycloud No 
Form3 No 
LMAX Digital No 
Modulr No 
Ondato No 
RabbitMQ No 
Radar Payments No 
Railsr No 
Sumsub No 
Xero No 
Zero Hash No 

Integrations

ACH Payments Yes 
Binance Yes 
ClearBank Yes 
Creatio Yes 
Currencycloud Yes 
Form3 Yes 
LMAX Digital Yes 
Modulr Yes 
Ondato Yes 
RabbitMQ Yes 
Radar Payments Yes 
Railsr Yes 
Sumsub Yes 
Xero Yes 
Zero Hash Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

The setup price is subject to the Connection Project Scope of Work (SoW). The monthly usage price depends on your the service level agreement (SLA) requirements.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Bitt

Founded

2013

Country

United States

Website

www.bitt.com

Vendor Details

Company Name

Elcoin Ltd

Founded

2017

Country

United Kingdom

Website

elcoin.co.uk

Product Features

AML

Behavioral Analytics No 
Case Management No 
Compliance Reporting No 
Identity Verification No 
Investigation Management No 
PEP Screening No 
Risk Assessment No 
SARs No 
Transaction Monitoring No 
Watch List No 

Banking

ATM Management No 
Compliance Tracking No 
Corporate Banking No 
Credit Card Management No 
Credit Union No 
Investment Banking No 
Multi-Branch No 
Online Banking No 
Private Banking No 
Retail Banking No 
Risk Management No 
Securities Management No 
Transaction Monitoring No 

Mobile Banking

Bill Payment No 
Biometric No 
Cash Management No 
Chat / Messaging No 
Cross Selling Functionality No 
Digital Wallet No 
P2P Payments No 
Remote Deposit No 
SMS Banking No 
Transaction Monitoring No 
Voice Banking No 

Product Features

Banking

ATM Management No 
Compliance Tracking No 
Corporate Banking Yes 
Credit Card Management No 
Credit Union No 
Investment Banking No 
Multi-Branch Yes 
Online Banking Yes 
Private Banking No 
Retail Banking Yes 
Risk Management No 
Securities Management No 
Transaction Monitoring No 

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