ClearBank Embedded Banking vs Column
ClearBank Embedded Banking
clear.bankColumn
column.comSide by side
| Figure | ClearBank Embedded Banking | Column |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| API | Yes | Yes |
| Plans published | 1 | 0 |
| Spec score · Banking-as-a-Service Platforms | 7.8 (#10) | 7.7 (#12) |
| Accounts | The offering includes retail and business current accounts, savings accounts, Flexible Cash ISAs, service accounts and operating accounts. | Column supports programmable checking, savings, trust, subledger, clearing, and sweep accounts, and says these accounts are FDIC-insured. |
| Compliance | Partners handle customer-facing onboarding and ongoing monitoring within ClearBank’s oversight framework, while ClearBank sets minimum due diligence standards and retains ultimate regulatory accountability. | Column’s card-program guide says it performs BSA/AML transaction monitoring and OFAC/Sanctions screening with program partners. |
| Founded | 2016 | 2019 |
| Headquarters | London, United Kingdom | San Francisco, United States |
| Intended customers | The product is designed for established regulated firms, including fintechs, wealthtechs, corporates and platforms with a proven track record. | The company says its infrastructure serves technology companies, U.S. banks, international banks, and real estate businesses. |
| Payments | Current accounts support UK payment schemes including Faster Payments and CHAPS, and the page also describes Bacs access for current accounts. | Its payment products use connections to the Federal Reserve, The Clearing House, SWIFT, and card networks to move money to bank accounts in the United States or globally. |
| What it does | ClearBank provides regulated banking infrastructure so businesses can offer financial products under their own brand without becoming a bank. | Column provides banking infrastructure and APIs for companies building financial products, including payment processing and lending platforms. |
Plans
In their own words
ClearBank Embedded Banking
ClearBank Embedded Banking has no write-up on Specifiction yet; its figures are above.
Column
Column is a nationally chartered bank providing banking infrastructure and APIs for companies building financial products. Its payment connections include the Federal Reserve, The Clearing House, SWIFT and card networks, for moving money in the United States and globally. APIs support checking, savings, trust, subledger, clearing and sweep accounts, including multiple account numbers for a single account. Column says its programmatically created bank accounts are FDIC-insured.
Companies can launch debit, credit, unsecured, charge or secured card programs, using their own balance sheet or Column’s. Lending offerings include credit origination, warehouse and forward flow facilities, with dedicated funding for lending programs. Column also describes support for USDC and USDT, accounts and cards for verified customers globally, and foreign-currency accounts with conversion to and from U.S. dollars. Its card issuing connects to Visa and Mastercard and supports Apple Pay, Google Pay, Samsung Pay and Garmin Pay. Developers can use API documentation, a sandbox and payment workflow guides. Column says its security program follows NIST and FFIEC guidance and is subject to governmental audits and independent third-party assessments. Pricing is on request; prospective customers are directed to contact sales.