Executive Summary
A premier Indian retail bank partnered with DataNimbus FinHub to modernize its escrow management infrastructure, eliminating manual bottlenecks while ensuring full RBI compliance. The result: transaction capacity increased 5-10x, operational efficiency improved by 80%, and float revenue grew 10% year-over-year—all delivered in a fraction of the time required for in-house development.
Impact at a Glance
Regulatory Assurance, Simplified
- Automated core-portion balance computation aligned with RBI Master Directions
- Out-of-the-box reports for reconciliation, settlements, and audits
- Comprehensive data trail supporting RBI-mandated Quarterly Escrow Account Audit Certificates
Scalability Unlocked
- From 1,000 to 10,000 daily transactions per PPI issuer
- 50,000+ daily transactions supported for leading wallet partner
- Faster fintech partner onboarding without operational strain
Revenue Growth
- ~10% YoY increase in float revenue
- Faster settlement cycles driving improved working capital
- Compliance confidence enabling business expansion
Operational Excellence
- 80% reduction in manual effort through automation
- 100% audit-ready compliance reporting
- Real-time reconciliation and settlement validation
Business Objective
As a regulated wallet operator, the bank aimed to bring greater efficiency and transparency to its escrow fund management process, in line with RBI’s PPI Master Directions. The existing setup relied on multiple manual processes for reconciliation and settlement, which limited speed and visibility across accounts.
The bank envisioned a seamless, automated system that could simplify reporting, accelerate settlement cycles, and effortlessly scale with growing transaction volumes.
While an in-house build was initially considered, the extensive regulatory requirements and development effort prompted the bank to explore an agile, ready-to-deploy alternative that would deliver faster time-to-value.
The DataNimbus Solution
The bank chose DataNimbus FinHub, a purpose-built escrow automation platform designed for regulated financial institutions. This strategic partnership delivered three critical advantages:
- Regulatory-Ready from Day One FinHub’s pre-built framework ensures continuous alignment with RBI’s PPI Master Directions, including automated core-portion calculations, settlement cycle management, and audit validations. Future regulatory changes are seamlessly incorporated without custom development.
- Orchestration Layer for Complex Ecosystems FinHub integrates the bank’s core systems, payment gateways, and partner fintechs—automating fund segregation, settlement workflows, and real-time validation while maintaining full auditability.
- Enterprise-Grade Architecture Built on secure, cloud-native microservices, the platform delivers high throughput, operational resilience, and configurability—adapting instantly to regulatory or business changes without code rewrites.
Automated Reporting Suite:
- Escrow Reconciliation
- Settlement Summaries
- STP Payment Reports
- Escrow Account Audits
- Merchant Lists
- Transaction & Settlement Logs
Why DataNimbus?
With deep domain expertise in escrow automation and a proven track record with leading global banks, DataNimbus emerged as more than a technology vendor—a strategic product partner enabling:
- Faster time-to-market vs. in-house development
- Future-proof compliance through continuous platform updates
- Sustainable innovation in digital payments infrastructure
- Operational confidence backed by enterprise-grade reliability
Business Impact
This engagement delivered a compliance-assured, future-ready escrow framework that transformed operational capacity while positioning the bank for sustained growth in India’s rapidly evolving digital payments landscape.
