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Treasury Prime

The integration between Treasury Prime and Unit21 enables data from the Treasury Prime ledger to be mapped and shared directly with the Unit21 platform without additional work.

Treasury Prime

The integration between Treasury Prime and Unit21 enables data from the Treasury Prime ledger to be mapped and shared directly with the Unit21 platform without additional work.

Overview

Treasury Prime is modernizing the API banking and technology systems to deliver new value to everyone: consumers, businesses, financial technology companies, and banks.

Banking as a Service takes banking beyond banks. Fintechs are developing financial offerings to reach new markets and embedding banking services in their applications. Fintechs need a banking partner who can help them with the complexities of money transfer, risk mitigation, and access to a chartered bank’s infrastructure, so they can focus on what matters most: building their business. For banks, these relationships bring new opportunities and channels to grow top line revenue and lower the cost of deposits.

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Unit21 and Treasury Prime

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Treasury Prime and Unit21 are pre-integrated so banks and fintechs can flag suspicious activity with no integration efforts required. Ledger data from fintechs using the Treasury Prime platform is pre-mapped into Unit21 via API. 

  • Banks and fintechs gain immediate visibility into fintech data to write/adjust BSA and fraud rules to monitor suspicious activity
  • Banks and fintechs can collaborate on alerts and cases while customizing workflows to partner on monitoring and investigating suspicious activity 
  • Fintechs can immediately start to model rules to flag and investigate fraudulent activity with no additional integration requirements
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Use Cases 

  • Rule Creation/Validation - Banks can create, test and adjust rules on a fintech by fintech basis to optimize thresholds for each of their partner brands
  • Fintech Oversight - Banks can effectively monitor the transaction activity of their fintech partners through Unit21 collaboration tools like “Org Switcher”
  • Investigation Collaboration - Fintechs and Banks can collaborate during the investigation of suspicious activity by to more effectively getting to a disposition outcome
  • SAR Filing - Suspicious activity that should be reported to FinCEN can be automatically filed by the Bank

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Getting started is easy

See first-hand how Unit21
can help bolster your risk & compliance operations