Tempo

Crypto Digital Bank for Small and Medium-sized enterprises

Tempo France Digital Payments offers a platform for French businesses, built on a proven white-label foundation with advanced features.

Platform:

Web App, iOS, Android

Industry:

FinTech, Crypto

Team size:

up to 25 people

Country:

France

Project Duration:

1 year

The year started & completed:

August 2023 – in progress

The solution includes a module for seamless crypto-to-fiat and fiat-to-crypto payments, simplifying financial management and transaction tracking through an advanced general ledger. Key integrations with wallet storage, trading platforms, and a dedicated ledger system ensure smooth operations. The platform uses Sumsub for enhanced compliance and KYC, along with features for managing financial restrictions and risk. With support ticketing for risky transactions and client tier categorization, Tempo France Digital Payments empowers businesses with innovation, security, and efficiency in modern payment ecosystems.

Scope and Objectives

Onboarding / KYC:

Create a flexible onboarding and Know Your Customer (KYC) process to ensure regulatory compliance and reduce fraud risk by integrating with verified third-party service.

Back Office Operations:

Optimize back-office workflows by automating ticket creation, monitoring system activities, and enhancing decision-making processes with detailed audit trails, increasing operational efficiency and reducing errors.

Fee Management:

Develop a module to configure and monitor system fees, providing clear insights and supporting optimized revenue strategies.

General Ledger

Develop a centralized system to reliably record all financial transactions, enabling detailed financial reporting and regulatory compliance. This includes integration with verified third-party tool.

Crypto Exchange

Design a secure exchange platform for seamless fiat-to-crypto and crypto-to-fiat transactions, offering clients real-time rates for smooth currency conversions.

Customer Support

Introduce a robust support system that empowers agents to efficiently manage inquiries and issues, improving customer satisfaction and retention with integrated chat and ticketing functionalities.

User Management

Build a comprehensive system to manage access and permissions, ensuring robust data security and simplified user administration.

Challenges

Navigating a Complex Domain

Tackling the complexities of a new domain required in-depth research and a strategic approach to deliver solutions tailored to industry-specific needs.

Extensive Integration Efforts

We successfully implemented integrations with wallet storage, trading platforms, and general ledger systems, ensuring seamless interaction between all components of the platform.

Ensuring Financial Consistency

To guarantee accurate and reliable payment processing, we developed mechanisms that maintain financial consistency across all transactions.

Sustainable Architecture Design

A modular and reusable architecture was created, allowing the newly developed features to integrate seamlessly into the broader platform and support future scalability.

Comprehensive UAT Process

The complexity of payment processing required an exhaustive User Acceptance Testing process to address all edge cases and deliver a seamless user experience.

Adjustable Risk Tier Rules

We introduced flexible, tier-specific rules to effectively manage varying levels of financial and operational risk, ensuring a secure and adaptable framework for clients.

Results of the project

Tempo France Digital Payments is a modern and efficient platform designed to simplify financial management for businesses in France.

With this solution, clients can seamlessly manage crypto-to-fiat and fiat-to-crypto payments, track transactions in an advanced general ledger, and benefit from integrations with wallet storage, trading platforms, and financial tools. The platform also includes risk management features such as tier-based client categorization and tools to monitor and address high-risk activities, ensuring secure and compliant operations.

With all integrations and features unified in a single platform, Tempo France Digital Payments offers a secure, intuitive, and adaptable solution. Its scalable, modular design ensures a seamless experience while paving the way for future enhancements. Tempo France empowers businesses to handle financial operations confidently and efficiently, fostering growth and success in today’s fast-paced market.

Tools & Technologies

Jenkins

Java

Spring

Angular

Kotlin

Firebase

Sumsub

Kraken

Fireblocks

BankFrick

Softledger

Freshdesk

Strapi