Managing international payments is an important part of many Central Bank’s remits.
We support this using our JITS Payments product and can provide further assistance with other functionality, such as sanctions screening and anti-fraud measures.
RippleNet offers connections to hundreds of financial institutions around the world via a single API and makes moving money faster, cheaper and more reliable for you and your customers.
It also helps you reduce, even eliminate, the need to pre-fund accounts with On-Demand Liquidity (ODL)—a service that uses the digital asset XRP to source liquidity during cross-border transactions, as an alternative to traditional systems.
JITS Transact Treasury can act as a platform for Central Banks to engage in market operations.
The system has a real-time link to the main JITS Transact banking system, ensuring that positions are always up to date.
JITS Infinity Retail is independent of the core banking system. The solution uses APIs to support multiple vendor cores, internally built systems, or JITS Transact. Hosting can be based in the cloud or on-premise.
The solution is highly scalable and is built using cloud-native and cloud-agnostic technology. This means that it can elastically scale up and down as required by the varying volumes of concurrent users while allowing for efficient and resilient operation.
API-driven microservices in JITS Infinity allows the separation of client phrasing application of back end systems, increasing agility and speeding time to market for apps built both by financial institutions themselves and by JITS and its partners.
JITS Infinity supports rapid app building by delivering an extensive set of reusable front-end objects that can be used by financial institutions themselves and by JITS or its partners to construct apps. Thanks to the layered architecture of JITS Infinity, Digital Teams don’t need to worry about the entire application stack during app development enabling banks to construct new apps and implement changes at speed.
A central piece to your digital landscape, JITS Infinity offers a powerful API orchestration platform that communicates your apps to all backend systems and the crucial JITS Infinity services such as workflow, rules, events and decisioning, removing complexity and enabling reusability and easy management of your back-end services and APIs.
Make your banking apps fully reactive to changes that happened in the business by utilizing the event-driven architecture of JITS Infinity. Every action by the user is logged as a change and any front-end service can subscribe to an individual stream of events that enables the apps to consume changes coming from your bank.