Banno Integrations

Sionic is the first to bring real-time payments to commerce in the U.S market. Our service delivers bank-to-bank, digital cash payments from consumers to merchants through mobile, online, in-store, and in-vehicle experiences. Merchants receive cash deposits in their bank accounts within seconds and bypass expensive credit card fees. From local businesses to global enterprises, merchants remain trapped in paying rising credit card fees, amounting to $110 billion per year in the U.S. in 2020. Consumers, mired in late fees and $15.2 trillion debt, are awakening to dubious reward schemes that have compounded financial inequities. Now, the arrival of instant digital bank payments creates a new means to equitably reallocate value back to merchants and consumers, the backbone of the U.S. economy. We offer three mobile tools to make it fast, easy, and secure for consumers to pay by bank. Easily stub out to our off-the-shelf microsite through customized QR Codes or URLs.

We understand your needs through our experience with banks and credit unions of all sizes and have started millions of hyper-personalized conversations without requiring human capital or massive marketing spending. Our tech stack combined with Experian data automates the process of spotting and winning back mispriced loans your customers/members hold with competitive institutions through prescreen marketing. We use AI-driven engagement to grow your deposit business by plugging deposit leaks, increasing direct deposit business, and capturing new deposit business. The more products a customer/member adopts, the less likely s/he is to leave, so we ensure customers/members get more out of their banking relationship by adopting more products and services that make banking easier. The unique combination of credit data and core data coupled with machine learning and automation allows you to scan your consumer base and uncover other banking relationships.