Revolutionizing the Way
Currency Is
Prepare yourself to meet today’s evolving digital standards
Payments Are Experiencing Their First Major Shift in Over 60 Years
Doing Nothing Is NOT an Option
As new payment rails emerge, the financial services industry will require technology that enables innovation and supports stablecoins while building the foundation for CBDC’s.
- Weakened monetary policy
- Unable to promote innovation
- Continued financial exclusion
- Expensive cash-based systems
- Challenges from shift to pure digital currency
- Unable to achieve regulatory directives to lower transaction costs
- Disintermediation by fintech and non-bank entities via higher cost, slower processes, & exclusion of certain segments
- High transaction costs- ≤15%+
- Slow processing
- Lack of transaction status transparency
- Lack of inclusion due to antiquated regulatory ID requirements & outdated guidelines
THE SOLUTION:
The Omnumi Platform is a compliance-forward digital currency and payments platform that enables identity-based controls for tokenized deposits, regulated Stablecoins, and CBDC.
The platform enables multitenancy with a shared ledger for all transactions across tenants and provides a unique namespace for each tenant and tenant user.
Global and jurisdictional regulatory rules and recommendations are configurable to ensure compliance guardrails are set across the entire platform for onboarding, sanctions screening and transaction monitoring. The platform provides the necessary data sets for regulatory report generation
The platform features an integrated dynamic rule management engine equipped with predefined rules for onboarding, transfers, and payments. It facilitates compliance with KYC, AML, CFT, and KYT regulations through rule sets that can be customized according to customer categories and transaction types.
Onboarding and eKYC screening workflows can be tailored for a unified, streamlined self-onboarding experience applicable to all users or to meet specific tenant onboarding requirements. The system provides support for external data services, compliance engines, device biometric authentication, ID verification, and customizable onboarding rules. Additionally, it offers customer categories with progressive credentialing capabilities.
Support for non-custodial or custodial wallets with the ability to create multiple wallets within and across different tenants. Wallets can be configured to support specific rule sets based on customer categories, transaction types and limits, stored value limits, and funding and redemption options. Wallets can be self-managed by users if the configuration permits. With robust fraud controls, the platform can block users and wallets at the tenant and platform level without compromising user wallet privacy.
Supports near real-time fund transfers within or across tenants, including the tracking of liabilities for inter-tenant transfers. Supports multiple funding and redemption methods via configurable connections to traditional payment networks and financial institutions. Additionally, the platform monitors and enforces customizable transaction rules, enhancing compliance and reporting in line with KYT and FATF Standards. It also enables bulk or programmable disbursements.
Support for a diverse range of digital currencies, including Deposit Tokens, Stablecoins, and Central Bank Digital Currencies (CBDCs). Utility tokens provide the means to track liabilities across multiple banks for deposit tokens and support numerous other applications that require a unique combination of token types.
Configurable role-based access and rights are built into the platform administration console for both the platform operator and each tenant on the platform. Roles can be assigned to users with specific access and rights based on the role definition. The platform supports a maker-checker role approval model, adherence to the Principle of Least Privilege, access log audits, and support for integration of multifactor authentication and third-party IAM providers.
The platform offers a configurable dashboard that provides intuitive insights through summarized views of real-time data, accessible to both the platform operator and each tenant. It features drill-down options at both platform and tenant levels, seamless integration with pre-existing data infrastructures, monitoring of real-time APIs and events, data-driven notifications, scheduled reporting, and secure access management through IAM integration.
Easy customization of platform features can be configured through intuitive UI-based feature flagging controls by toggling them on or off. Tenants can select third-party integrations, customize privacy policies and terms & conditions, manage consent lifecycle, and generate regulatory reports easily.
The Omnumi Platform’s API-first, event-driven microservices architecture offers unparalleled extensibility by design. It is paired with a private, permissioned blockchain based on Ethereum and cloud-neutral deployment options, forming the core infrastructure. Operators stand to gain from the backing of one of the broadest development communities, the freedom to choose their preferred cloud technology stacks, and enhanced ease and speed of extensibility via the API-centric extensibility framework.
The platform enables multitenancy with a shared ledger for all transactions across tenants and provides a unique namespace for each tenant and tenant user.
Global and jurisdictional regulatory rules and recommendations are configurable to ensure compliance guardrails are set across the entire platform for onboarding, sanctions screening and transaction monitoring. The platform provides the necessary data sets for regulatory report generation
The platform features an integrated dynamic rule management engine equipped with predefined rules for onboarding, transfers, and payments. It facilitates compliance with KYC, AML, CFT, and KYT regulations through rule sets that can be customized according to customer categories and transaction types.
Onboarding and eKYC screening workflows can be tailored for a unified, streamlined self-onboarding experience applicable to all users or to meet specific tenant onboarding requirements. The system provides support for external data services, compliance engines, device biometric authentication, ID verification, and customizable onboarding rules. Additionally, it offers customer categories with progressive credentialing capabilities.
Support for non-custodial or custodial wallets with the ability to create multiple wallets within and across different tenants. Wallets can be configured to support specific rule sets based on customer categories, transaction types and limits, stored value limits, and funding and redemption options. Wallets can be self-managed by users if the configuration permits. With robust fraud controls, the platform can block users and wallets at the tenant and platform level without compromising user wallet privacy.
Supports near real-time fund transfers within or across tenants, including the tracking of liabilities for inter-tenant transfers. Supports multiple funding and redemption methods via configurable connections to traditional payment networks and financial institutions. Additionally, the platform monitors and enforces customizable transaction rules, enhancing compliance and reporting in line with KYT and FATF Standards. It also enables bulk or programmable disbursements.
Support for a diverse range of digital currencies, including Deposit Tokens, Stablecoins, and Central Bank Digital Currencies (CBDCs). Utility tokens provide the means to track liabilities across multiple banks for deposit tokens and support numerous other applications that require a unique combination of token types.
Configurable role-based access and rights are built into the platform administration console for both the platform operator and each tenant on the platform. Roles can be assigned to users with specific access and rights based on the role definition. The platform supports a maker-checker role approval model, adherence to the Principle of Least Privilege, access log audits, and support for integration of multifactor authentication and third-party IAM providers.
The platform offers a configurable dashboard that provides intuitive insights through summarized views of real-time data, accessible to both the platform operator and each tenant. It features drill-down options at both platform and tenant levels, seamless integration with pre-existing data infrastructures, monitoring of real-time APIs and events, data-driven notifications, scheduled reporting, and secure access management through IAM integration.
Easy customization of platform features can be configured through intuitive UI-based feature flagging controls by toggling them on or off. Tenants can select third-party integrations, customize privacy policies and terms & conditions, manage consent lifecycle, and generate regulatory reports easily.
The Omnumi Platform’s API-first, event-driven microservices architecture offers unparalleled extensibility by design. It is paired with a private, permissioned blockchain based on Ethereum and cloud-neutral deployment options, forming the core infrastructure. Operators stand to gain from the backing of one of the broadest development communities, the freedom to choose their preferred cloud technology stacks, and enhanced ease and speed of extensibility via the API-centric extensibility framework.
Built on a permissioned blockchain
Cloud-agnostic deployment including on-premise private cloud or virtual private cloud
Delivering a Future-Proof
Digital Currency Foundation
The Omnumi Platform provides central banks, financial institutions, and payment infrastructure providers with an adaptable foundation where any and all types of digital currencies can coexist.
Financial Access for All People
Create a wallet with a minimal set of verifiable credentials for controlled access to financial systems.
Controls Tied to the Identity Not the Wallet
Enable progressive identity based on verified information to gain more access based on additional credentials.
Compliance at the Person Across Wallets
Assign badges to verified identities to manage access and behavior of financial services.
Expand Financial Access
With more verified identity credentials and assigned badges, access to more financial services and providers can be provided.
Embedded Controls for Fraud and Regulatory Compliance
Allow complete control at the user level or the wallet provider level. If an identity is found to be in violation, transactions are halted across any wallet provided on the platform. If an entity is in violation, all wallets tied to that entity can be halted.
Applies Global and Regional Compliance Standards
Ensure assets can move throughout the ecosystem without wondering if they are being used for illicit or illegal purposes. Wallet providers can build experiences without concern for global and local jurisdictional infractions.
Identity Badges and Progressive Identity
Provide a global transparent standard for identities entering the global financial ecosystem and allow identities to provide additional verifiable information to expand financial access.
Permissioned Blockchain
Enable uncompromised risk, fraud, and compliance controls through our secure, access-controlled platform.
Smart Contract Enabled
Ensure funds are used as intended with controls for remittances and disbursements.
API-First, Event-Driven Microservices Architecture
Leveraging the best capabilities of blockchain coupled with a cloud-agnostic API-first, event-driven microservices architecture to power the Digital Currency Platform of today and the future.
Digital Currency
Support for the coexistence of multiple forms of digital currency including Bank Deposit Tokens, Stablecoins and CBDCs.
Be at the Forefront of the Digital Currency Revolution
Contact us today to learn more about the Omnumi Platform.
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