Money Fabric Modules

The core Money Fabric platform is comprised of a revolutionary patent pending multi-tier real-time ledger, virtual accounts, pay-in/out capability.  The point-and-click configuration dashboard allows anyone to deploy a fully functional money movement platform in hours.

Pay-ins and Pay-outs are the means by which money is moved into, and out of, the Money Fabric platform.  The core platform provides basic fraud prevention capabilities which can be extended via third party integrations.

KYC/KYB are required to ensure Money Fabric is moving funds to real people or businesses, and they are further not restricted from money movement by various governments.  Most brands will already perform their own KYC/KYB, but Money Fabric provides this as a value added services for those who do not.

A Payment Facilitator is an organization providing streamlined onboarding capabilities, and will also take on added risk of potentially risky transactions.  Money Fabric does not fulfill this role, but does provide tools for others to do so.

Money Fabric is ideal for B2B money movement, but also provides extensive B2C capabilities for those subscribing to its Commerce Module.

Most money movements originate or terminate with pay-ins and pay-outs.  But it is also possible for consumers to pull money out of Money Fabric virtual accounts via optional debit card transactions.

Debit card issuers need tools for initiating/monitoring chargebacks, whereas Merchants need similar tools for responding to chargebacks

Money Fabric will minimally work with both an FBO and Settlement accounts at the Sponsor Bank.  There may also be a need to work with Reserve and Investment accounts.  Money Fabric provides a core banking module to reconcile transfers between core banking and Money Fabric, as well as provide real-time rebalancing capabilities.

IoT Devices are increasingly managed via wifi or Bluetooth embedded directly within the hardware.  This may be vending machines, laundry machines, parking garage gates, and more.  We are actively integrating with hardware partners to allow for IoT payments via stored value, debit card, credit card, and other tender types.  Manufacturers, Route Operators, and others may leverage this capability to provide their own digital wallet.

The Money Fabric platform generates a broad set of internal events which often require real-time notification to consumers, devOps, and other individuals.  Money Fabric provides a language-independent template capability for sending email, SMS, and push notifications.  It is also possible for the customer to receive API-based web hooks to perform these notifications without Money Fabric.

Customers will occasionally require custom development when working with Money Fabric.  This could be to integrate with their preferred accounting system, core banking platform, fraud detection platform, or to just add some new custom reports.