XYB Ledger Use Cases

XYB ledger can serve a variety of use cases based on the business needs of the financial system. Take a look at some of the top use cases we support.

Note that these are only some of the use cases our ledger supports. Contact us to discuss your business requirement.

Accounting & Financial Data Management Use Cases

Use Case	Description
Digital Wallets	Integrates with wallet platforms to track deposits, withdrawals, and wallet transfers. The ledger ensures real-time synchronisation between wallet balances and external systems.
Card Programs	Tracks spending and payments associated with credit, debit, or prepaid card programs. Ledger logs help manage rewards, cashback, or loyalty programs.
Digital/Modular banking	The ledger acts as a single source of truth to ensure real-time synchronization and consolidation of transactions across different independent banking services.
Multi currency account	Manage customer accounts in different currencies with accurate conversion rates and reconciliation processes.
Payroll Systems	The ledger tracks salaries and deductions, records payments, and reconciles payroll accounts to ensure accurate employee compensation and compliance.

Credit & Insurance Servicing Use Cases

Use Case	Description
Loan disbursement and repayment tracking	The ledger records loan disbursement amounts, repayment installments, interest accrued, penalties for late payments, and reconciles outstanding balances.
Insurance servicing	The ledger tracks premiums and payments, manages claims, and reconciles policy balances to ensure accurate financial tracking and policy compliance.