Company profile

BankingLab

BankingLab is a banking software developer for banks, payment and electronic money institutions and other FinTechs

Industry
IT Services and IT Consulting
Employees
49
Headquarters
Vilnius, Vilnius
Founded
2012
LinkedIn followers
2,449
Office locations
1

BankingLab company summary

BankingLab is a company in the IT Services and IT Consulting industry, headquartered in Vilnius, Vilnius, founded in 2012. On LinkedIn the company has around 49 employees and 2,449 followers. Its listed specialties include Banking software development, System management, Fintech, KYC/KYB, Payment cards.

What technology does BankingLab use?

No technologies detected yet. Warmrank rechecks company websites on a rolling basis.

About BankingLab

BankingLab is a banking software developer mainly focusing on cloud-based solutions. Its main clients are traditional and emerging banks, payment service providers (PSPs) such as electronic money institutions (EMIs) or payment institutions (PIs) and various FinTechs. Our solutions include: Core banking – ensures smooth operations of key banking functions such as record keeping, internal and third-party transactions, lending products, including business and consumer loans, deposits, savings and current accounts. Payments – number of modules to support connectivity to SEPA directly and via CentroLINK offered by the Central Bank of Lithuania, including support of SEPA Instant payments. SWIFT and local payments via correspondents or directly via TARGET-2. Front-end – ready-made and fully customizable internet banking and mobile applications to go to market within weeks. While our banking as a service (BaaS) API enables clients to build front-end solutions by themselves. Compliance – in-house developed various compliance and anti-money laundering (AML) tools to automate key processes. Reporting modules such as common reporting standard enables the automation of reporting obligations. Know-your-client, know-your-business, transaction monitoring, on-going due diligence, and screening (sanctions, negative press, politically exposed persons) modules ensures compliance with AML requirements. Card processing – interact with major payment card networks such as Visa and Mastercard to issue payment cards or acquire card payments. Our partnering financial institutions can sponsor our clients to issue cards to their clients without additional integrations and development. Tailored made services – is one of our unique properties as all our products are developed in-house. We have a competitive edge to customize our solutions to specific clients’ requirements or build an additional service for business cases, no matter how innovative they are.

Specialties

Banking software developmentSystem managementFintechKYC/KYBPayment cardsSEPASWIFTLoansDepositsBanking as a ServiceSaaSCard processsingForeign ExchangeCore BankingSEPA InstantCard IssuingSEPA InstantWhite-Label Banking

Where is BankingLab located?

BankingLab lists 1 location.

Vilnius, Vilnius LT-09201, LTHQ
Rinktinės g. 5

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Frequently asked questions about BankingLab

What does BankingLab do?

BankingLab is a banking software developer mainly focusing on cloud-based solutions. Its main clients are traditional and emerging banks, payment service providers (PSPs) such as electronic money institutions (EMIs) or payment institutions (PIs) and various FinTechs. Our solutions include: Core banking – ensures smooth operations of key banking functions such as record keeping, internal and third-party transactions, lending products, including business and consumer loans, deposits, savings and current accounts. Payments – number of modules to support connectivity to SEPA directly and via CentroLINK offered by the Central Bank of Lithuania, including support of SEPA Instant payments. SWIFT and local payments via correspondents or directly via TARGET-2. Front-end – ready-made and fully customizable internet banking and mobile applications to go to market within weeks. While our banking as a service (BaaS) API enables clients to build front-end solutions by themselves. Compliance – in-house developed various compliance and anti-money laundering (AML) tools to automate key processes. Reporting modules such as common reporting standard enables the automation of reporting obligations. Know-your-client, know-your-business, transaction monitoring, on-going due diligence, and screening (sanctions, negative press, politically exposed persons) modules ensures compliance with AML requirements. Card processing – interact with major payment card networks such as Visa and Mastercard to issue payment cards or acquire card payments. Our partnering financial institutions can sponsor our clients to issue cards to their clients without additional integrations and development. Tailored made services – is one of our unique properties as all our products are developed in-house. We have a competitive edge to customize our solutions to specific clients’ requirements or build an additional service for business cases, no matter how innovative they are.

How many employees does BankingLab have?

BankingLab has around 49 employees on LinkedIn.

Where is BankingLab headquartered?

BankingLab is headquartered in Vilnius, Vilnius.

When was BankingLab founded?

BankingLab was founded in 2012.

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