Built for non-banking financial institutions, looking to create products for fringe markets that are deemed “un-bankable”.
NcompassTrac has built a secure, web based banking solution for extending credit and currency to industries that have had difficulties establishing banking relationships. Through use of leading edge anti money laundering services and background check agencies such as OFAC, SDN, FSE, FINCEN and SSI, our non-banking financial solutions insure compliance and know your customer hurdles are met.
iOS and Android Apps
Apps designed to run on iOS or Android devices, give Merchants and Members instant access to accounts and credits history.
Once vetted, both merchant and consumer become members and can conduct business through the provisional interchange. All transactions are visible and tracked for complete auditability and transparency. Integrations with leading Point of Sale and Kiosk offerings make the solution flexible, mobile, scalable and vertical industry ready.