About Our Platform... for technology leaders 💻

Legend Bank provides an API‑first, bank‑owned and controlled platform that operates as the bank’s core for fintech programs. You build against enterprise APIs with a sandbox and Postman collections, integrate via webhooks and event logs, orchestrate ACH, wire and card from a centralized payments hub, and leverage automated settlement operations that keep partner economics precise—without a platform middleman.

Architecture & Data Ownership

• Bank‑Controlled Ledger
  Customer and operating accounts reside on a bank‑controlled ledger with settlement to the bank’s core. There’s no external ledger to reconcile and no data transfers required for the bank to access customers, accounts, or transactions.
• Program Segmentation
  Every fintech program is logically segregated, including customers, accounts, operating accounts, APIs, data partitions, and access controls. A fintech can only view and manage its own program.
• Real‑Time and Intra‑Day Access
  APIs expose real‑time and intra‑day data for both end‑user and fintech operating accounts, enabling instant balances, funding, and servicing workflows.
• Resiliency & DR
  Built‑in deposit resiliency, a documented funds‑flow, and bank‑controlled decisioning support DR scenarios in which the bank can provide customer access to funds during contingencies.

API Surface Area & Developer Experience

• API Domains
  • Customer: onboarding, KYC/KYB associations, servicing artifacts
  • Account: creation, configurations (products, features, rates, fees), statements, history
  • Money Movement: transfers, ACH, wires, instant payments, settlement, reconciliation
  • Card: issuance, lifecycle, spend controls, disputes (via supported partners)
  • Platform: programs, operating accounts, roles/permissions, events, webhooks
• Enterprise Portal & Sandbox
  Build quickly with an API portal, sandbox, and Postman collections. Use partner SSO for access. Direct integration support calls are available for complex builds and certification.
• Webhooks & Event Logs
  Subscribe to events (e.g., balance changes, payment state transitions, KYC/KYB outcomes). Event logs support replay and troubleshooting.
• Console for Both Bank & Fintech
  A shared console provides one version of truth across customer servicing, applications, account servicing, statements, transaction history, payments, operating accounts, case management, event logs, and webhooks.
• Access Control
  Role‑based access for bank and fintech teams enforces least‑privilege across API keys, console capabilities, and program data.

Auth Note: Public endpoints and authentication details (e.g., OAuth 2.0/token strategy) are provided during onboarding through the developer portal and implementation guides.

Payments Orchestration

• Centralized Payments Platform
  Orchestrate ACH (ODFI/RDFI), wire (ISO), FedNow® instant payments, and debit card issuance/processing from a single platform with bank‑defined rules and bank decisioning.
• Universal API or Rail‑Specific Endpoints
  Integrate with rail‑specific APIs (ACH, wire, instant) or call a Universal Payments API that applies smart routing to choose the optimal rail based on speed, cost, amount, cutoff, and risk policy.
• Observability & Compliance
  Centralized payments provide a consolidated view across programs to strengthen security, reporting, and compliance.

Funds Flow & Automated Settlement Operations

• Defined Funds Flow
  End‑to‑end flow from end‑user to bank operating accounts is documented and bank‑controlled.
• Automated Settlement
  The platform automates calculations for revenue share, interest, and fees, and posts them to segregated program operating accounts. This reduces reconciliation work, improves auditability, and mitigates “lost money” scenarios common in multi‑system integrations.

Product Configuration by Program

• Program‑Specific Controls
  Configure products, features, rates, and fees at the program level, enabling A/B testing and targeted pricing strategies within compliance guardrails.
• Self‑Service Ops
  Self‑service capabilities reduce manual interventions for servicing, statements, disputes, case management, and account lifecycle operations.

Integrations You Can Leverage

Use your existing partners without re‑architecting. The platform supports integrations including:
Sardine (KYC/KYB/AML), Yodlee (aggregation), Mitek and Ensenta (RDC), HC3 (1099s/statements), Intuit (QuickBooks), VISA DPS (debit issuance/processing), and the FedNow, ACH, and Fedwire networks.

Full integration catalogs and certification paths are provided during onboarding.

Example Use Cases

• Consumer or SMB Deposit Accounts
  Real‑time balances, statements, and instant payments with FedNow support.
• Wallets & Program Accounts
  Segregated sub‑ledgers for users or merchants with automated settlement to program operating accounts.
• Card‑Led Experiences
  Debit issuance with spend controls plus consolidated dispute/case management.
• Embedded Finance for Platforms/Marketplaces
  Program‑level pricing, fees, and partner economics—plus automated revenue and interest allocations.

Why Developers Choose Legend Bank

• Bank‑owned, API‑first platform that acts as the system of record
• Real‑time ledger access with program segmentation
• Centralized payments across ACH, wire, FedNow, and cards
• Automated settlement reduces manual reconciliation
• Portal + sandbox + Postman accelerate integration
• Webhooks & event logs improve observability and reliability
• Direct support from the bank—no middleman to slow decisions