A Secure Banking Solution
The UTC Platform
UTC offers banks and credit unions visibility into highly regulated businesses. Traditional banking systems were not designed to accommodate the arduous task of monitoring transactions according to FinCEN guidelines. UTC streamlines the administration of MRB and related businesses and provides bank owners and boards regulatory assurances.
- Automated BSA reporting
- Volume threshold monitoring
- Point of Sale (POS) integration
- Mobile and web applications for MRBs
- CTR and FinCEN Form 8300 reporting
- Vendor management marketplace.
- Track all payments in/out of platform (ACH)
- Track all invoices to/from all parties
- Full audit trail
Solutions
End-to-End Platform
UTC can be deployed to accommodate a number of different types of users. The entire UTC solution can be deployed as a branded offering so we can help you go to market with your own enterprise class application.
Dispensary
- POS Sales
- Manage Balance
- Pay Vendors
- Load/Unload Funds
- Transaction Management
Patient
- Find Dispensary
- Purchase Medication
- Manage ACH Account(s)
- Track Transactions
Bank
- Load/Unload Funds via ACH
- Maintain Balances
- Anti Money Laundering
- BSA Reporting
Vendor Network
- Generate & Track Invoices
- Pay Invoices
- Track Transactions
Regulator
- Monitor Transactions
- Dashboards and Analytics
- Investigate/Stop Suspicious Activity
CROSS -PLATFORM CAPABLE
Web Portal, Mobile Apps, or API
The entire UTC platform was developed to be available through a modern set of APIs to integrate into various third party applications like back-office banking solutions POS platforms, and seed-to-sale systems. UTC then consumes these APIs and presents the various reports and dashboards through an intuitive web portal or native mobile apps for iOS and Android.
Let us know when you're ready to check us out!
Schedule a demo today