Tern offers a branded onboarding experience, supporting both KYC (Know your Customer) and KYB (Know your Business).
By integrating the
best-of-breed data and identity services with real-time bank verification, Tern seamlessly helps you add onboarding to your web and mobile apps.
Prepaid and DDA accounts (Direct Deposit Accounts) can be launched via Tern supporting both physical and virtual cards.
Both GPR (General Purpose Reloadable) and corporate cards can be deployed to satisfy a number of use cases from corporate incentive to EWA (earned wage access) and neobank support.
A core function of many FinTech applications is payouts.
Tern supports a growing list of payout options including virtual/physical cards, ACH, Real Time Payments (RTP), OCT (Original Credit Transaction), ACH, Wire, and Cross-Border.
Recent News Updates
Tern brings finance tech to all with fintech-as-a-service
November 5, 2021 – Finledger.com – In recent years, fintech has grown to mean many things to many different people. While the number of fintech companies has continued to skyrocket, alongside digital adoption, record-setting funding rounds and eye-popping valuations, organizations in other sectors and markets have also begun to look into incorporating these services into their platforms.Read More
Tern Powers TransferMex to Enable U.S. Employers to Distribute Prepaid Cards with Same Day Cross-Border Remittance Capabilities
October 20, 2021 – New York City, NY — Tern, a leader in ‘Fintech-as-a-service’, today announced the roll-out of their same day cross-border remittance capabilities for TransferMex. Tern’s end-to-end solution includes everything from a branded prepaid card and bilingual app to embedded KYC, AML, CIP, infrastructure, and analytics reporting.Read More
Tern Appoints Jerry Uffner as President to Propel Next Stage of Growth
October 13, 2021 – New York, NY – Tern, a leader in B2B SaaS payment automation and infrastructure, today announced that Jerry Uffner has joined as President of Tern. Jerry was most recently a Senior Vice President at the FIS Prepaid Division and has been a senior executive at several payments companies.Read More
Tern’s leadership combines experience & talent
Chief Compliance Officer