Kinetic Core Features
Architecture-first design. Every feature rooted in how core banking actually works — not how it's typically marketed.
Double-Entry Ledger
Immutable, balanced transaction recording enforced at the runtime level. Every debit has a matching credit — no exceptions.
Built on Erlang/OTP with Mnesia for in-memory storage with optional persistent backing. The ledger is the source of truth.
FedNow + RTP + ACH + SWIFT
Simultaneous access to all major US payment rails including FedNow for instant payments, RTP for same-day settlement, ACH for batch, and SWIFT for international.
Rail selection is API-driven at the transaction level — route by speed, cost, or recipient bank capability automatically.
Party & Account Management
Complete party (customer) lifecycle with configurable KYC data, account lifecycle states (pending, active, frozen, closed), and multi-currency support.
Accounts support arbitrary currency pairs with real-time balance calculations and automatic FX revaluation.
Idempotent Payment Processing
Payments use idempotency keys to ensure duplicate submissions are detected and safely ignored — critical for integrating with payment networks that may retry.
Every payment operation is atomic: either the transfer completes or it doesn't — no partial states.
Savings & Loan Products
Configurable savings products with interest accrual and compound calculation. Loan products with amortization schedules, grace periods, and late fee rules.
Interest is calculated at rest periods and applied via ledger postings — no manual intervention required.
REST API with OpenAPI 3.1
Clean, well-documented REST API following OpenAPI 3.1 specification. Every endpoint versioned, every error documented in the error catalogue.
Cowboy-based HTTP server with Erlang/OTP supervision trees — restarts automatically on failure, drains gracefully on shutdown.
Compliance & Certifications
SOC 2 Type II
In ProgressAudit scheduled for Q3 2026
PCI-DSS Level 3
In ProgressSelf-assessment in progress
AML / BSA Compliance
Built InConfigurable rules engine included
Migration & Support
Migration Path
- →Phased migration from legacy core with parallel run capability
- →Data migration tooling with validation and reconciliation
- →API compatibility layer for existing integrations
- →Dedicated migration engineer assigned to each engagement
Support Tiers
- →Starter: Community docs + email support
- →Growth: Dedicated Slack channel + business hours SLA
- →Enterprise: 24/7 on-call engineer + dedicated success manager + custom SLA