Client
Industry: FinTech / Cross-Border Payments
Client Type: UK-based FinTech Platform
The client required a scalable digital payments platform to support global business-to-business cross-currency and same-currency payments while minimizing transaction friction, improving operational efficiency, and strengthening compliance controls.
The platform needed to support multi-country operations, corporate onboarding, treasury operations, AML compliance, and multi-currency account management within a secure and scalable cloud-native environment.
Challenge
The client was building a next-generation cross-border payments platform for businesses and required a robust architecture capable of supporting rapid growth across jurisdictions.
Key challenges included:
- Complex corporate onboarding and KYC workflows
- Multi-currency payments and FX transaction processing
- Treasury operations and transaction monitoring
- Role-based approvals and payment governance
- AML and compliance-driven workflows
- Virtual account management across currencies
- Scalable cloud infrastructure supporting global operations
The organization required both a customer-facing platform and a comprehensive operational back-office environment to manage onboarding, treasury, compliance, and transaction operations.
Nuage Solution
Nuage designed and developed a cloud-native B2B payments platform supporting cross-currency transactions, corporate onboarding, treasury operations, and compliance workflows.
The solution included two integrated applications:
Customer Platform
A secure corporate portal enabling businesses to:
- Onboard corporate customers and users
- Manage multi-user access with configurable roles
- Create FX conversion and payment transactions
- Manage balances across currencies
- View transaction history and reporting
- Download statements and operational reports
- Initiate and approve payments using 4-eye authorization controls
Operations & Treasury Platform
A centralized back-office application enabling operational teams to manage:
- Corporate onboarding and KYC workflows
- Customer and user administration
- Currency and treasury configuration
- Transaction monitoring and limits management
- AML checks and compliance operations
- Virtual account configuration and management
- Operational reporting and oversight
The first production release went live within three months of project initiation.
Platform Capabilities
Corporate Onboarding & KYC
Nuage implemented onboarding workflows supporting corporate verification and compliance-driven customer activation.
Capabilities included:
- Corporate onboarding workflows
- KYC and AML validation processes
- User and role management
- Approval workflows and governance controls
- Auditability and operational traceability
Cross-Currency Payments & FX
The platform enabled businesses to initiate and manage both same-currency and foreign exchange transactions.
Capabilities included:
- Multi-currency payments
- FX transaction processing
- Payment approvals using 4-eye principles
- Real-time balance visibility
- Transaction history and reporting
Treasury & Compliance Operations
Nuage developed centralized treasury and operational controls supporting secure transaction processing and compliance governance.
Capabilities included:
- Treasury operations management
- Transaction monitoring
- Limits and rule configuration
- AML validation and compliance workflows
- Multi-currency virtual account support
Accounts, Virtual Accounts & Multi-Currency Management
The platform supported accounts across some currencies and virtual accounts across multiple currencies to simplify international collections and payment processing.
Capabilities included:
- Virtual account creation and management
- Multi-currency balance tracking
- Cross-border payment workflows
- Currency-level reporting and visibility
Results & Impact
The platform enabled the client to launch a scalable global payments environment supporting secure and compliant B2B transactions.
Key Outcomes
- Accelerated launch of a global payments platform
- Streamlined corporate onboarding and compliance workflows
- Improved operational visibility and treasury controls
- Secure multi-currency transaction processing
- Scalable cloud-native architecture supporting global expansion
- Reduced friction in cross-border business payments
Key Capabilities Delivered
- B2B cross-border payments platform
- Corporate onboarding and KYC workflows
- Treasury and compliance operations platform
- Multi-currency and FX transaction processing
- Virtual account management
- Role-based approvals and governance controls
- AML validation and transaction monitoring
Outcome
Nuage enabled the Fintech to build and launch a modern cloud-native B2B payments platform that streamlined cross-border transactions, strengthened compliance operations, and established a scalable foundation for global payments growth.