BuildBit engineered Fusion Vector’s AI-driven connected banking platform with real-time payment APIs and multi-bank integrations in 4 months
React
Node JS
AWS
Redis
Postgres
Vercel
Twilio
TablauFusion Vector is a cutting-edge B2B connected banking platform designed to empower vendors and merchants with a comprehensive suite of financial services. From seamless account management to efficient payouts—supporting single and bulk transactions across all payment modes, including scheduled payments—Fusion Vector simplifies your financial operations. Enjoy hassle-free domestic money transfers, streamlined collections, and automated reconciliation with detailed reporting features. Built to optimize efficiency and transparency, Fusion Vector is your all-in-one solution for smarter, faster, and more secure business banking.
- Provide vendors and merchants with a unified platform for account management, payouts, collections, and reconciliation to streamline financial processes.
- Implement advanced encryption, fraud detection, and role-based access controls to safeguard sensitive financial data.
- Deliver an intuitive, web-based interface that simplifies banking operations, reduces manual efforts, and enhances usability for businesses.
- Refine onboarding workflows and create targeted training resources to drive platform adoption among vendors and SMEs.
- Offer detailed financial insights, automated reconciliation, and transparent reporting to improve decision-making and cash flow management.
BuildBit transformed our vision into a game-changing financial ecosystem.
As the COO of FusionVector, my mission was to redefine B2B banking by bridging the gap between complex financial operations and user-friendly technology. Our goal was to empower businesses with a platform that could handle everything from bulk payouts to AI-driven reconciliation—no easy feat in today’s fragmented financial landscape. BuildBit didn’t just rise to the challenge; they exceeded every expectation. From day one, Shandhen (BuildBit’ Product Lead) and his team treated our project as their own. Their deep understanding of fintech complexities and regulatory frameworks—from PCI-DSS compliance to real-time fraud detection—was evident in every discussion. They didn’t just code; they strategized with us, asking critical questions like, ‘How can we automate reconciliation without sacrificing transparency?’ or ‘What fail-safes will protect merchants during high-volume transactions?’ What impressed me most was their agility. When we pivoted mid-project to integrate multi-currency support for domestic transfers, BuildBit restructured their sprints without missing a deadline. The result? FusionVector now processes over 500,000 transactions monthly with 99.98% uptime. Merchants praise the bulk payment scheduler and automated reporting dashboards, which have cut operational hours by 40%. Investors call it ‘the GooglePay for B2B banking,’ and that credibility stems directly from BuildBit’ technical brilliance. But beyond the tech, it’s their empathy that stood out. They didn’t just deliver a product—they became an extension of our team, advocating for our users’ security and scalability needs. Today, FusionVector isn’t just a platform; it’s the backbone of smarter, faster business banking for thousands of vendors. To Shandhen and the entire BuildBit team: Thank you for turning our boldest ideas into reality—and for setting a new standard in connected banking.
The development of Fusion Vector followed a collaborative and iterative approach, uniting a team of financial engineers, cybersecurity experts, and fintech specialists. Extensive research was conducted to deeply understand the pain points of vendors and merchants—from fragmented payment systems to manual reconciliation processes. Advanced payment processing engines and secure transaction frameworks were engineered to streamline bulk payouts, automate collections, and ensure seamless domestic money transfers. Through continuous refinement based on client feedback and rigorous stress-testing of high-volume transaction scenarios, Fusion Vector evolved into a robust, user-centric platform. By prioritizing real-world usability and compliance with financial regulations, the team delivered a solution that not only simplifies complex financial workflows but also empowers businesses with speed, transparency, and unmatched reliability.
Extensive research was conducted to understand business banking challenges, payment workflows, and regulatory requirements. The team defined key functionalities such as account management, bulk payouts, collections, and reconciliation to optimize financial operations.
A user-friendly, web-based interface was designed to provide a seamless experience for managing payments and transactions. Wireframes and interactive prototypes were developed and refined through feedback to ensure an intuitive workflow.
A scalable Node.js (Express.js) backend was built to support high-volume transactions, secure authentication, and real-time reconciliation. Payment APIs and banking integrations were implemented to enable seamless fund transfers and collections.
Strong security protocols, encryption methods, and fraud prevention mechanisms were integrated to protect user data and ensure regulatory compliance. Multi-factor authentication (MFA) and audit logging were added for enhanced security.
Extensive unit, integration, and load testing were conducted to ensure platform stability, accurate financial reporting, and seamless transactions even under high traffic. Real-world user simulations and stress tests refined the system for reliability.
Fusion Vector was launched as a web-based platform, hosted on AWS for scalability and security. Post-launch, real-time monitoring, performance analytics, and user feedback loops drive ongoing updates and feature enhancements.
Developed an intelligent bulk transaction system using AI to predict processing bottlenecks and optimize routing across 50+ payment gateways. Features include scheduled payouts, multi-currency conversion, and real-time failure alerts with auto-retry logic. Reduced payout processing time by 68% and minimized transaction errors by 92%, handling over 200,000 bulk payments monthly.
Built a machine learning-driven fraud prevention engine analyzing transaction patterns, user behavior, and geolocation data. Features include PCI-DSS-compliant workflows, dynamic risk scoring, and automated audit trails. Reduced fraudulent transactions by 83%, decreased false positives by 47%, and accelerated compliance reporting by 65% for 10,000+ merchants.
Launched a unified dashboard for real-time reconciliation, cash flow forecasting, and customizable financial reporting. Features include AI-powered discrepancy detection, cross-platform payment tracking, and one-click export for audits. Cut manual reconciliation efforts by 75% and boosted operational transparency, with 87% of users adopting the tool within 90 days of launch.
- Real-Time Balances: View balances across all linked accounts in real-time.
- Unified Dashboard: Monitor transactions from multiple sources in a single interface.
- Cash Flow Management: Track and manage cash flow efficiently in one place.
- Automatic Categorization: Organize expenses into predefined or custom groups.
- Budgeting Simplified: Track spending patterns effortlessly for better planning.
- Data-Driven Decisions: Use categorized data to enhance financial choices.
- Flexible Scheduling: Set up one-time or recurring payments in advance.
- Avoid Late Fees: Automate regular bill payments for timely transactions.
- Easy Edits: Modify or cancel scheduled payments as needed.
- Live Monitoring: Track income, expenses, and net cash flow in real-time.
- Forecast Planning: Predict future cash positions to optimize budgets.
- Trend Analysis: Identify gaps and trends to improve liquidity.
- Custom Reports: Generate detailed financial reports for actionable insights.
- Trend Analysis: Track spending, revenue, and profitability trends.
- Dashboard Customization: Monitor key metrics with tailored views.
- Geographic Trends: Analyze transaction patterns by location.
- Resource Optimization: Use regional insights to allocate resources effectively.
- Market Opportunities: Identify growth areas with location-driven data.
- 360° Tracking: Monitor payouts, collections, payables, and receivables.
- Detailed Records: Access past and pending transaction histories.
- Real-Time Updates: Stay informed on payment statuses instantly.
- Excel Upload: Process bulk payments by uploading a single file.
- Error Reduction: Automate disbursements to minimize manual mistakes.
- Time-Saving: Approve and send bulk payouts in minutes.
- Multiple Channels: Support for IMPS, NEFT, RTGS, UPI, and more.
- Flexible Choices: Select preferred payment modes for individual or bulk use.
- Seamless Transfers: Ensure smooth fund movement across all major systems.
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