Mambu Banking Engine

Ideas aimed to improve the current experience provided by the Mambu Banking Engine.

1 Vote

Payment Plan: Actual Number of Days

The current Payment Plan repayment option is available for Fixed Term loans. The current Repayment Interest Calculation is calculated as follow:Repayments Interest Calculation: Using Repayment PeriodicityThe request is to have Repayments Interest...

Created 24 Jun 10:26pm by Justus Roux

Loan Lifecycle / Loans

0
1 Vote

An option to include fees due in penalty calculation

SummaryAs an Administrator, I want to include selected fees due in penalty calculation method, so that i can configure penalty on zero interest loan product.WhatAn option to define penalty calculation using (Overdue Principal + Overdue Fees) * Pen...

Created 24 Jun 04:05pm by Paribartan Poudel

Loan Lifecycle / Fees / Loans

0
1 Vote

Allow to multiply the spread to the indexed interest rate

What: Allow the ability to multiply the interest spread to the indexed rate source when creating a loan account with an indexed interest rate.Why: Currently it is only possible to add the spread to the indexed interest rate source, however in mark...

Created 18 Jun 06:55pm by Gerardo Cabral

Loan Lifecycle / Loans

0
2 Vote

Interest calculation displayed when viewing 'Interest Applied' transactions

WhatDisplay how interest from a given 'Interest Applied' transaction has been calculated, such as when going to 'Actions > View'WhySometimes users wish to see how a particular amount of interest was reached, which currently requires reconciling...

Created 17 Jun 03:13pm by James Anderson

Loan Lifecycle / Loans

0
1 Vote

LOAND GUARANTEED

LOAN GUARANTEED Overview Given the current situation of many people when it comes to finding financing, whether because the business bankruptcy with the corresponding layoffs, bureaucratic, banking obstacles, mistrust and lack of motivation that...

Created 1 Jun 10:14am by pedro maestu

Loan Lifecycle / Loans

0
1 Vote

Allow non-financial transactions in loans and deposit accounts

What: Allow to create financial transactions with amount 0Why: More and more organizations need to record non-financial transactions to be able to track and communicate specific account activity to their customers. If Mambu allows the application ...

Created 22 May 08:26pm by Kareem Barreto

Loan Lifecycle / Loans / Deposits

0
1 Vote

Automatic interest application with manual prepayment interest if principal paid before maturity

WhatAn option to automatically apply interest when manual interest application is used with prepayments and the principal balance is brought to 0. This would result in an 'Interest Applied' transaction and an interest accrued balance of 0.WhyThe m...

Created 22 May 08:05am by James Anderson

Loan Lifecycle / Loans

0
1 Vote

Ability to charge arrears interest on overdue interest

What: Ability to charge arrears interest on overdue interest. Mambu should be enhanced to accrue arrears interest on overdue interest.Note - Annual interest rate is the underlying loan rate for the loan account. Why: This is a standard market prac...

Created 20 May 11:51am by Gerard Loedolff

Loan Lifecycle / Loans

0
1 Vote

Syndicate lending - loans funded by arranger and external investors

What:On P2P loans enable the option to provide only partial funding (<100%) from funding sources. In such a case, the remaining amount would be funded by the Organization itself. To support this, accounting setup for a loan with funding sources...

Created 15 May 08:21am by Szymon Kłapciński

Loan Lifecycle / P2P / Loans

0
1 Vote

Linking Deposit settlement accounts with P2P Loan Accounts

What:Extend the option to link settlement account for loans with Funding Sources enabled. The mechanism should work in the same way as for regular loans. Only when money is moved from settlement account to loan account proper split of funding shou...

Created 15 May 07:20am by Szymon Kłapciński

Loan Lifecycle / Workflows / Loans

0