Take back control. Switch to Memo Bank
Memo Bank: The partner you need to scale your flows with certainty.
Memo Bank: Embracing tradition, revolutionising banking.
Changing the French banking landscape
The indisputable reputation and expertise of your banking partners are unquestionable. However, your banks have fallen behind in embracing technological innovations. Banking systems predominantly evolve in response to regulatory requirements (PSD2, GDPR, Basel, etc.) rather than market innovations such as end-to-end automation through APIs or real-time management of transactions.
Memo Bank addresses the lack of innovation and agility seen in traditional banks, restoring control, autonomy, and security in managing cash flows.
A reliable, modern, and responsible commercial bank
We are an independent French bank regulated by the ACPR. Our financial ratios exceed the thresholds set by Basel III regulations. With dedicated account managers providing long-term support, we cater to businesses ranging from €10 million to €100 million in sales. Responsibility is at our core; being a bank and being responsible are inseparable.
Your expectations
One API with a wide range of applications
- API to automate transactions and to manage accounts
- Scalable and secure API that go beyond Open banking requirements
- Clear and accessible documentation
- Versatile and modern API that eliminates risk and reduces costs
Lack of a modern, and comprehensive API
- APIs to fully automate transactions do not exist
- Most APIs are just covering Open banking requirements
- API documentation is difficult to understand
- Turning to fintech’s APIs is multiplying costs, partners, and risks
Self-service account management and real-time reconciliation
- Online sub-account creation
- Online creation of two-way virtual IBANs
Lack of flexibility in transaction reconciliation
- Complex multi-account setup requiring a relationship manager
- No virtual IBANs available
Optimised liquidity
- Booster account and access to Money Market Funds (MMF)
- Collecting payments within 24 hours
Sub-optimised liquidity
- Savings or investment accounts cannot be opened online
- Liquidity gaps resulting from delays in collecting payments
Expert team specialized in APIs and compliance matters
- A dedicated account manager backed by expert teams (IT, Legal, Compliance)
- A dedicated account manager fluent in both API technology and banking
Teams with limited training in banking APIs
- Difficulty understanding clients' technical and strategic challenges
- Multiple points of contact to manage API projects
Cutting-edge technology to manage all your needs
- New, agile, and scalable banking architecture
- Autonomy in activating and using products and services
- One (outstanding) customer experience
- Real-time transaction banking management
A technology unable to fully manage your needs
- Legacy banking architecture
- Lack of autonomy to access all banking services
- Customer experience varies according to the tools used
- Slow processing of your transactions
Ou added value
01Banking API => End-to-end payment automation
02Liquidity => Protected and optimised
03KYC procedures => Modern and quick
