Treasury Prime is modernizing the API banking and technology systems to deliver new value to everyone: consumers, businesses, financial technology companies, and banks.

Banking as a Service takes banking beyond banks. Fintechs are developing financial offerings to reach new markets and embedding banking services in their applications. Fintechs need a banking partner who can help them with the complexities of money transfer, risk mitigation, and access to a chartered bank’s infrastructure, so they can focus on what matters most: building their business. For banks, these relationships bring new opportunities and channels to grow top line revenue and lower the cost of deposits.

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Unit21 and Treasury Prime

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Treasury Prime and Unit21 are pre-integrated so banks and fintechs can flag suspicious activity with no integration efforts required. Ledger data from fintechs using the Treasury Prime platform is pre-mapped into Unit21 via API. 

• Banks and fintechs gain immediate visibility into fintech data to write/adjust BSA and fraud rules to monitor suspicious activity
• Banks and fintechs can collaborate on alerts and cases while customizing workflows to partner on monitoring and investigating suspicious activity 
• Fintechs can immediately start to model rules to flag and investigate fraudulent activity with no additional integration requirements
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Use Cases 

• Rule Creation/Validation - Banks can create, test and adjust rules on a fintech by fintech basis to optimize thresholds for each of their partner brands
• Fintech Oversight - Banks can effectively monitor the transaction activity of their fintech partners through Unit21 collaboration tools like “Org Switcher”
• Investigation Collaboration - Fintechs and Banks can collaborate during the investigation of suspicious activity by to more effectively getting to a disposition outcome
• SAR Filing - Suspicious activity that should be reported to FinCEN can be automatically filed by the Bank

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