FinovateSpring 2023 / Kani Payments

Presenter Profile:

How they describe themselves: Kani provides Reconciliation and Reporting services – automating back office finance processes for banks and fintechs, allowing them to report accurately and fulfil compliance obligations.

Data-agnostic Kani has made a big impact in the fintech and payments space, having reconciled and reported on over €24B in payments data to-date.

Electronic money institutions, BIN sponsors, challenger banks and fintechs are using Kani to do weeks’ of complex transaction reporting and reconciliation work in under 30 seconds.

How they describe their product/innovation: The Kani demo provides an overview of the Reconciliation and Reporting platform.

  • Reconciliation: Fully automated reconciliations; assurance that all payments are accurately reconciled, money is in the right place, and exceptions are promptly resolved.
  • Compliance: Automating legal, regulatory and scheme reporting requirements, like the Mastercard QMR or Visa GOC Regulatory, legal and scheme.
  • Intelligence: The ability to explore data, understand consumer and product behaviour, from cardholder behaviour to transaction risk scoring.

Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms, Licensed

Contacts:

Bus. Dev.: Marc McCarthy (CCO)
Press: Melissa Beckett (CMO)


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