Benefits
Initiate, receive and track payments across connected financial providers.
Public sector and pensions
Government
Deliver public money with confidence.
Benefits, pensions, grants, collections, disbursements and reporting. Coordinate benefits, grants, collections, refunds and disbursements across programmes, banks and approved service providers, with clear records of what happened.
Capabilities
What you build on Federated Banking™
Grants
Initiate, receive and track payments across connected financial providers.
Disbursements
Disburse funds to individuals, businesses, members and network participants.
Collections
Initiate, receive and track payments across connected financial providers.
Refunds
Initiate, receive and track payments across connected financial providers.
Entitlements
Initiate, receive and track payments across connected financial providers.
Participants
Who takes part
Federated Banking™ connects them through one operating layer, whichever providers sit underneath.
AgencyProgrammesCitizensBanksLocal AuthoritiesPayment Providers
Typical flow
How the money moves, step by step
- Eligibility confirmed
- Run prepared
- Approved
- Paid
- Reconciled
Live demonstration
See it in the terminal
Three kinds of network side by side, and a payment from one participant to another across them (demo). Demo data
DemoEvery organisation, provider, person and amount on this page is fictional, and nothing moves real money. Federated Banking™ works with the licensed providers you connect; it owns no payment rail.
Glossary