Mambu Banking Engine

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

1 Vote

Option for Revolving credit to not accrue late interest

What: Add a setting for Revolving credit products which would not allow accounts to accrue or post late interest.Why: Some organizations need to have no additional late interest on their accounts in arrears as in a Fixed product or need to manage ...

Created 22 Apr 03:24pm by Szymon Kłapciński

Revolving & Credit Cards / Loans

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1 Vote

An option to include interest, fees and/or penalty in the payment due amount calculated as " % of outstanding principal balance" for rev. credit

WhatOptions to define on a product level to include interest, fees and/or penalty balances (separately) in the payment due amount for revolving credit accounts with repayment method: " % of principal balance" whereby due amount should be calculate...

Created 22 Apr 03:11pm by Szymon Kłapciński

Revolving & Credit Cards / Loans

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2 Vote

Interest grace period between end of a billing cycle and a due date on revolving credit (credit card)

What:An option to not accrue interest for the principal disbursed during the billing cycle until the Due Date.Why:Some customers start charging interest for the credit card transactions only after the first Due Date following the billing cycle in ...

Created 22 Apr 02:53pm by Szymon Kłapciński

Revolving & Credit Cards / Loans

0 Shipped
2 Vote

Ability to Apply a Manual Fee to a Past (already due) Instalment for Revolving Credits

What: To have the functionality to be able to apply a Manual Fee that has been set up on the Product level via API and UI on to a particular Instalment in the past which is not marked as "Paid". The Fee Application transaction should still have th...

Created 12 Jun 10:33am by Nishant Parikh

Revolving & Credit Cards

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3 Vote

Flat Repayment Amount for Revolving Credit

WhatAdd Flat Repayment Amount option for Revolving Credit which would be a fixed flat amount expected with each installment.WhyCurrently Mambu supports various repayment amounts options, such as Minimum Principal Repayment Amount and so on. Noneth...

Created 8 Jan 12:10pm by Monica Branzan

Revolving & Credit Cards / Loans / Payments

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5 Vote

Add "Interval" type as a Payment Interval Method for Revolving Credit Loan

What: To allow for an "Interval" which can be be defined by the User under the Payment Interval Method for Revolving Credit Products just like we allow for Dynamic/Fixed Loans. Why: Tenants would like to offer their clients a loan repayment sche...

Created 14 Dec 10:13am by Nishant Parikh

Revolving & Credit Cards

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