The Rise of Fintech and Banking Disruption

Announcing Mambu 3.6: Deposit Account Disbursals, InfoBip SMS Integration & Enhanced Security

mambu-3.6

Mambu 3.6 is our third major release of 2014 and brings with it major new core features, improved security and new SMS integrations.

In the latest release, we provide the ability to disburse loans directly to client deposit accounts, allow repaying loans from another client’s deposit account, new penalty and interest compounding methods as well as healthy loan provisioning and auto-closing of dormant loan accounts. The improved security and auditing now allows for full customization of journal entry displays, tracking the complete product change history as well as requiring captcha login authentication and validation as well as virus-scanning uploaded files.

We’ve also made some improvements on the backend: upgrading to MySQL 5.5, GWT 2.60, Gin 2.12 and Highcharts 3.0.

The latest Mambu version also adds brand new API calls to get attachments, apply arbitrary fees on deposit accounts as well as to lock and unlock loan accounts.

To learn more about all the other latest features, download the release notes below or contact us for a personal tour.