Ideas for the Mambu Banking Engine

Increase flexibility in automatic account settlements

What: allow tenants to define when to perform automatic transfers from linked settlement accounts, possibly on several times during the day, including one last time before midnight.
Why: currently the transfers from Settlement/Escrow accounts are made just after the midnight of the Loan due date (00:00 of the next day). From the audit and reporting perspective, the transfer has an entry date on the next day, theoretically making the account in arrears even though Mambu considers this as an on-time payment.
  • Dorota Nosal
  • Feb 17 2016
  • Planned
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