ClearBank Embedded Banking vs NymCard
ClearBank Embedded Banking
clear.bankNymCard
nymcard.comSide by side
| Figure | ClearBank Embedded Banking | NymCard |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Self-hosted | — | Yes |
| Plans published | 1 | 1 |
| Spec score · Banking-as-a-Service Platforms | 7.8 (#10) | 8.0 (#7) |
| API integration | The API offering includes a simulation environment, webhook configuration for real-time notifications and a developer portal. | NymCard describes nCore as an API-driven platform and provides REST APIs for building and managing card programs. |
| Founded | 2016 | 2018 |
| Integration | The API-first integration includes a simulation environment, webhook configuration for real-time notifications and a developer portal. | NymCard says customers can select the layers they need through one integration, and offers APIs, webhooks, implementation guides, and developer tooling. |
| Intended customers | The product is designed for established regulated firms, including fintechs, wealthtechs, corporates and platforms with a proven track record. | NymCard identifies banks, fintechs, and businesses as customers for its payments infrastructure. |
| Payments | Current accounts support UK payment schemes including Faster Payments and CHAPS, and the page also describes Bacs access for current accounts. | Money movement capabilities include domestic rails, cross-border payments, foreign exchange, and remittances. |
| What it does | ClearBank provides regulated banking infrastructure so businesses can offer financial products under their own brand without becoming a bank. | NymCard describes nCore as a payments platform covering card issuing, money movement, settlement, reconciliation, lending, and financial crime. |
Plans
In their own words
ClearBank Embedded Banking
ClearBank Embedded Banking has no write-up on Specifiction yet; its figures are above.
NymCard
NymCard’s nCore is a payments platform for banks, fintechs, and businesses building financial products. It combines card issuing, money movement, settlement, reconciliation, lending infrastructure, and financial crime capabilities. Card programs can issue debit, credit, or prepaid cards in physical, virtual, or tokenized form, with controls for spending limits, billing cycles, repayment, and installments.
The platform also supports domestic and cross-border payments, foreign exchange, remittances, wallet top-ups, peer-to-peer and merchant payments, bill payments, transfers, and cash in and out. Financial crime features include identity verification, fraud monitoring, risk management, AML and sanctions screening, and issuer-side 3D Secure. NymCard says nCore can connect to existing core banking systems without replacing them, and can run in public cloud, hybrid, on-soil, or fully on-premise deployments. Its APIs, webhooks, implementation guides, and developer tools support integration. Listed platforms include Android, iOS, web, API, and self-hosted. NymCard says nCore holds PCI DSS Level 1, PCI SSF, SOC 2 Type II, and ISO 27001 certifications. Pricing is on request. Its lending infrastructure supports decisioning, origination, and servicing, but NymCard does not fund loans.