Small Banks, Big Tech
Allison removes the complexities in banking, onboard any type of customer, and remain compliant. "Small" banks can act bolder and bigger with Allison.
USE CASES
Virtual Financial Containers
The future of financial technology.
Mobile Banking
Power your mobile bank app by using Allison for ACH, wire and mobile check deposit services.
Lending & Loans
Our direct connection with Community Banks enable us to offer business & consumer lending as a service.
Something else?
Does your app do something unique, and needs the support of a bank? Our Virtual Financial Container (VFC) technology is flexible enough to fit most Fintech use cases.
Onboard new deposits through Banking-as-a-Service
One of the biggest roadblocks for a Fintech company is lack of a bank sponsorship. Due to rapidly changing technology, most Community Banks can't support onboarding a Fintech.
Our platform equips businesses with the digital tools required to launch a product. Through technology we call “Virtual Financial Containers,” there can be an unlimited number of containers created on behalf of individuals or entities that store value. These containers can be used to support the needs of your product, service or app.
FOR FINTECHS
Launch your product in hours.
Our platform bridges the connection between your application and the services you need to launch. We remove your roadblocks by creating a Master account with a Community Bank, as our Virtual Financial Container technology allow you to create unlimited accounts for individuals or/and entities. All without having to worry about API docs, SDKs and technobabble.
1. Signup
Create an account and get into our sandbox.
2. Generate API
Map and generate the endpoints you need for your application.
3. Plug N' Play
Paste the generated routes into your application and start sending.
FOR COMMUNITY BANKS
Frictionless signup to unlock limitless Fintech customers.
Increase revenue by contracting with new Fintech customers securely. Leverage Allison to manage the relationship and operations of new and existing Fintech customers. Your peace of mind is our top priority. Use powerful administrative tools to approve, reject and have oversight of your customers within our Virtual Financial Containers technology.
1. Know-Your-Customer
Control the access to your banking services by enforcing rules that comply with internal policies and procedures.
2. Real-time Engagement
Maintain complete transparency and oversight over your customer base.
3. Own the Relationship
Grow your current Fintech program or start one without having to create a platform from scratch.
FAQ
If you don't see an answer to your question, you can send us an email from our contact form.
It’s a visual “drag and drop” editor that will generate the routes necessary to use Allison services. Instead of programming everything manually, Allison abstracts and automates the code, so that you can paste it into your app.
Allison adheres to the most diligent requirements for Know-Your-Business. As such, there will be a detailed assessment that a Fintech customer will need to complete prior to being issued production environment access. This includes, but is not limited to: verification of the company registration, business license updates, and identity of directors and other owners. Requirements may range from addresses and date of birth, to passport, driving license and bank statement(s). However, A Fintech customer need only provide a business email to gain access to the sandbox environment. The sandbox environment is for test transactions only.
We love exploring new use cases. Please reach out to use at: hello@tryallison.com
A virtual financial container is a digitally created and managed account for an individual or an entity. This account exists within Allison and sits underneath a Master account at a Community Bank, assigned to your Fintech company. It can hold money, or anything of financial value.
Reach out to us directly and we can work with your Fintech company to establish a cost-effective price point. Contact us here: hello@tryallison.com
Allison is the technology provide that connects your Fintech to a Community Bank. All contractual banking relationships are directly with the respective Community Bank.
No. Allison is a technology provider that leverages the banking services of a Community Bank. The only services provided are related to depository banking.
No. At this time, a Fintech can only connect to a single Community Bank, at any given time.
Yes. If you want to use Allison within your existing Fintech program, or want to create a new revenue source by starting one, contact us here: banking@tryallison.com
Allison can be tailored to meet the specific needs of your internal policies and procedures. While Allison is not compliance software, we do use a third-party Partner to ensure all regulatory requirements are met.