Embedded Banking components allow financial institutions (FIs) to offer banking services to Embedded Banking Partners. Customers can seamlessly access banking services from within the Embedded Banking Partner’s application. For instance, a college may have embedded banking services inside their student portal, where a student can easily view their account balances while making tuition payments directly from within the portal.
A variety of components are available to choose from so that an Embedded Banking Partner can choose the most relevant banking services to offer that benefits their users and their company. Multiple components can be included on one page.
When there are multiple components on a page, the user will only need to log in using their digital banking credentials once. The Embedded Banking Partner sets one of the components to handle the log in process. That component will display the log in information, while the other components show a customizable neutral display. Once a log in is successful, all components become fully available at the same time.