Mambu Banking Engine

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

1 Vote

Apply future-dated repayments via loans API

Summary: As a loan provider, I need to process future-dated repayments via loans API, so that I can automate a manual process.What: It is possible to process future-dated repayments in the Mambu UI (see https://support.mambu.com/v1/docs/processing...

Created 21 Oct 01:09am by Kevin Boyle

Interest & Repayments

0
1 Vote

Maker-checker for Adjustment of loan repayment

What:A functionality to allow a 4-eyes-principle for manual Adjustment of a repayment on a loan account. One person should input the operation, a different person should authorize the operation. This shall primarily be available via UI, as the use...

Created 7 Oct 09:45am by Corinna Heuer

Interest & Repayments

0
1 Vote

Maker-checker for manual application and reduction of interest + adjustments

What:A functionality to allow a 4-eyes-principle for manual operations on interest on loan accounts, especially forInterest ApplicationInterest Applied AdjustmentInterest Due ReducedInterest Reduction AdjustmentOne person should input the operatio...

Created 7 Oct 09:14am by Corinna Heuer

Interest & Repayments

0
1 Vote

Balloon payment with defined principal in the last installment (Part Interest Only and Part Repayment Mortgages)

Why?Customers contracting a balloon payment method sometimes expect to be able to define what will be the residual principal in the last installment rather than specifying what will be the monthly installment.What?Enable configuration on the produ...

Created 5 Oct 06:06am by Tom Drincic

Interest & Repayments

0 Planned
6 Vote

Compounded Interest Accrual for Loans

What: Add a new Compounded interest accrual for loans at Product level. Interest in such loans is not capitalized, but calculated based on principal + accrued interest compounded to date. Why: Compounded interest for loans is commonplace in some m...

Created 17 Jun 06:58pm by Rodrigo Ocampo Uribe

Interest & Repayments

0 Planned
2 Vote

Configure "Late interest" with a different rate from "Regular interest"

What: A possibility to configure the "Late Interest" with a rate different from the “Regular interest”, and link it to a dedicated GL account. And allow to define constraints same as the regular interest rate. i.e. Interest accrued on the overdue...

Created 13 Apr 04:47pm by Alejandra Bennett

Interest & Repayments

0
5 Vote

Manual/custom allocation of repayments by the Fee Name

What: A possibility to allocate repayments to specific fees charged on an account based on the Name of the Fee/ its Encoded Key (not only based on the fee type). For example, if 3 different fees are captured as a Manual Fee Type: legal fees, state...

Created 17 Jun 11:24am by Gerard Loedolff

Interest & Repayments

0
3 Vote

Different Interest Rate after Loan Maturity

What: Some organizations are obligated or choose to apply a different interest rate after maturity.Why: Once the loan reaches its contractual maturity, many organisations are not allowed to charge the same interest rate. Depending on the regulatio...

Created 12 Feb 02:04pm by Diana Trifan

Interest & Repayments

0
1 Vote

Enable "Increase Overdue Instalments" Option for DBEI with Capitalised Interest

What?Enable the "Increase Overdue Instalments" option for the Dynamic Term Loan with Capitalised Interest under Repayment Collection > Overdue Payments.Why?The Interest from Arrears needs to be collected in the instalment for the period it was ...

Created 7 Nov 03:03am by Sascha Dannroth

Interest & Repayments

0 Will not implement
2 Vote

Enable negative margins for indexed interest rates

What? Allow the ability to enter a negative margin when creating a loan account with an indexed interest rate. Why? In Australia it is market practise to quote a standard rate to which the individual borrower receives discounts based on product...

Created 2 Nov 12:27am by Sascha Dannroth

Interest & Repayments

0 Planned