Services
Digital Transformation & Modernization for Financial Institutions
We drive digital transformation initiatives, enabling banks and credit unions to:
- Implement AI-powered customer engagement and personalization.
- Optimize digital lending and digital account opening processes with advanced automation.
- Leverage cloud-based infrastructure for scalability and agility.
- Implement robust cybersecurity strategies.
- Implement data analytics and reporting systems for better decision making.
We assist in the integration of Customer 360 CRM systems to enhance customer experiences.
Banking-as-a-Service (BaaS) & Embedded Finance Strategy
We provide strategic advisory on developing and implementing BaaS offerings, enabling businesses to seamlessly integrate financial services into their platforms.
We specialize in navigating the regulatory landscape surrounding BaaS partnerships and ensuring compliance.
- Define a BaaS strategy aligned with your regulatory posture and capabilities
- Identify the right partners (program managers, technology platforms, and banks)
- Support the build-out of compliant APIs and developer ecosystems
Disbursement Product Advisory
Luminary Advisors helps banks and fintechs design and launch efficient, scalable disbursement solutions — ranging from instant payouts to mass ACH and card-based disbursements.
We provide strategic guidance on use case prioritization, network integration (e.g., Visa Direct, MasterCard Send, RTP), fraud mitigation, Specially Designated Nationals screening requirements and user experience design to ensure your disbursement offerings are fast, secure, and compliant.
Enable Open Banking and Modern Payment Hubs
- Architect interoperable platforms that aggregate and route multiple payment types (ACH, RTP, wires, cards)
- Design open banking ecosystems that enhance transparency and customer control
- Implement modern payment hubs to support ISO 20022, real-time payments, and data-rich transactions
Regulatory Compliance & Risk Management in the Digital Age
We provide expert guidance on navigating the complex regulatory landscape, including:
- Compliance with evolving payment regulations (e.g., PSD2, open banking standards).
- Anti-money laundering (AML) and Know Your Customer (KYC) compliance in a digital environment.
- Data privacy and security regulations (e.g., GDPR, CCPA).
We help with risk assessments regarding new technologies, and new payment rails.
Launch or Scale Merchant Services
- Develop go-to-market strategy and product design for acquiring solutions
- Build or modernize merchant gateways and omnichannel payment platforms
- Drive partner acquisition and merchant onboarding optimization
Build and Expand Card Issuing Programs
- Launch self-issued consumer, business or commercial credit, card programs with virtual card capabilities
- Navigate BIN sponsorship, network integration, and compliance
- Create competitive card offerings with rewards, spend controls, and embedded value
Strategic Advisory & Fintech Partnership
We facilitate strategic partnerships between banks and financial technology companies fostering innovation and collaboration.
We provide market analysis, competitive intelligence, and business planning to support strategic decision-making.