The functionality is under development and is subject to change. The article is intended to announce the upcoming functionality release and provide a brief overview.
In common setups, Crassula integrates providers into White Labels' systems to deliver financial services.
The Embedded Finance solution allows to accumulate all service providers and deliver them as one on Crassula’s behalf. Thus, a White Label provided the service does not require multiple integrations and can engage their own child Brand White Labels as financial businesses.
The communication scheme is implemented as follows:
Brand White Labels
Brand White Labels are considered as child projects of a Master White Label that takes all administrative functionalities, such as compliance monitoring, managing client profiles, and processing transactions. Brand White Labels are provided with a read-only Administrative—all back-end issues and requests are navigated to the Master White Label to be resolved.
Currently, Brand White Labels are provided with a limited list of banking functionalities which is subject to change in the upcoming releases. See the following table for details:
Creating personal profiles
Creating company profiles
Single currency accounts
Transfers between own accounts