March 2026 Product Update

In March, Synctera acquired Cable, a platform that provides an essential piece of risk and compliance: automated control testing. Additionally, our product and engineering teams launched features that enable new use cases for FinTechs and provide greater control and visibility for bank and FinTech operators. 

These updates include:

• Introducing Synctera Prepaid Cards
• Launching Account Programs for greater product control and oversight
• Adding new spend control capabilities for more granular control

Let’s dive in!

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Synctera has acquired Cable

Cable, a platform that automates compliance control testing for banks and FinTechs, is now a part of Synctera. Cable’s solution enables banks and FinTechs to audit and test whether service providers are actually doing what they claim across AML policies, transaction monitoring, KYC rules, and other compliance controls.

Synctera provides all of the components companies need to launch FinTech and embedded finance products. Cable sits on the other side of the equation to independently verify that the compliance controls in place to monitor and operate those products are working as intended.

Together, we are powering the future of finance with an end-to-end platform that prioritizes visibility, control, and compliance. Reach out to us to learn more about Cable. 

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Introducing Synctera Prepaid Cards

Synctera now enables companies to launch prepaid card products to their end-users! Prepaid cards can be used in a wide range of card use cases such as earned wage access (EWA), specialty gift cards, benefit disbursements, and more. 

Synctera provides the infrastructure to launch two different kinds of prepaid cards:

1. Reloadable prepaid cards: cards can be topped up with funds repeatedly for ongoing use. These are commonly used in use cases targeting the unbanked population, to provide EWA products, or for corporate and government disbursements.
2. Non-reloadable prepaid cards: cards are loaded once with a fixed amount of money that cannot be replenished after the balance is spent. This type of prepaid card is used in gift card use cases, for one-off purchases, or for store credit / refunds. 

Both types of prepaid cards can be issued as either virtual or physical cards. 

Synctera provides the end-to-end infrastructure for companies to launch a prepaid card product, including the KYC, card issuing, payment and spend controls, as well as AML and fraud management. Products can be configured to fit unique use cases by implementing specific spend controls or by allowing for various re-loading capabilities.

If you’d like to explore launching a prepaid card product with Synctera, reach out to us or discuss next steps with your customer success manager. 

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Launching Account Programs for greater product control and oversight

Companies offering embedded banking products may introduce account functionality or specialized account types that require adherence to strict network, bank, or regulatory requirements, such as non-reloadable accounts. Synctera has introduced Account Programs to provide a structured, minimal-coding way to apply and maintain these requirements across specific types of accounts.

Account Programs can be configured to have a required set of spend controls, enabled or disabled payment rails, and other core attributes. When end-users open an account under a given Account Program ID, this account is automatically associated with the appropriate Account Program, ensuring the intended account configuration is applied consistently.

By embedding these requirements directly into the account setup, Account Programs help Synctera’s customers and bank partners ensure that mandatory attributes are applied reliably while reducing the need for custom enforcement logic or ongoing manual review. This creates a more streamlined implementation experience for FinTechs, and provides banks with confidence that program requirements are being upheld at the account level.

Additionally, when viewing end-user accounts in the Synctera Console, the associated Account Program is displayed in the account details, making it easier to understand account functionality and efficiently manage related support inquiries.

If you’d like to begin using Account Programs for your banking product with Synctera, please reach out to your customer success manager to learn more. 

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Adding new spend control capabilities for more granular control

Synctera is enhancing spend controls to give FinTechs and sponsor banks more granular, flexible control over how funds move. This release expands the rule set beyond simple value-based limits to include richer spend control parameters such as:

1. Payment type and subtype 
2. Time-based windows 
3. Transaction-count limits
4. Geographic areas
5. Credit vs debit specific spend controls

For Synctera’s customers and bank partners, this new functionality enables stronger, more precise risk controls without sacrificing product flexibility. 

Additionally, we’ve updated how spend controls are viewed in the Synctera Console. FinTechs can now view the sponsor bank-set spend controls that the program must operate within, while also using the Synctera Console to view and create their own enhanced spend controls.

Learn more about creating spend controls in our API guide.