Railsr
Implementing a globally unified process across teams
About Railsr
Railsr is a global Embedded Finance and Banking- as-a-Service (BaaS) leader.
It empowers any company or brand to easily prototype, build and scale financial use cases through its super simple APIs
– because beneficial financial services should be for everyone, not just the few.
The team adopted Kani’s niche automated data reconciliation platform in early 2020.
“In a crowded payment services market, Kani’s fast-moving and flexible capabilities which, combined with its depth of experience in data reconciliation, stood out as obvious strengths.”
- Shahina Ali, Former Head of Treasury and Payments for Railsr
The search for data experts
Railsr have had a record-breaking couple of years, which saw many successes, including raising over $37 million in growth funding and expanding into the US.
More exciting changes are on the horizon, so the team were on the lookout for a company who could support them in better understanding and reconciling card payments data.
How we work together
Railsr adopted Kani’s niche automated data reconciliation platform in early 2020.
We consume, analyse and automate large, complex datasets for Railsr on a daily basis. We also help them understand how customers are transacting so they can further understand customer need.
Beyond this, we help identify trends in data to enable clear forecasts for what the future may look like. Being able to have clear forecasts means Railsr can make better informed decisions.
UK and Overseas support
For UK and Singapore sources (ledgers, banks statements and processor data), Railsr introduced AI-powered record matching functionality.
This tool matches entities across datasets to provide Railsr with system recommended matches, while highlighting any exceptions in the reconciliation.
"It’s rare to find a company with that breadth of knowledge about how card payments work. In particular, Kani’s CEO has such extraordinary understanding of the payments industry, meaning that working with Kani has felt extremely secure."
- Shahina Ali, Former Head of Treasury and Payments for Railsr
Working together
The latter half of 2020 saw a pivotal moment for our partnership, a large wave of new data was on its way and needed to be reconciled.
We jumped into action to extend out its platform so that it could effectively handle the additional data. We did this at turbo speed to meet with need as Railsr went through a period of acquisition.
New territory
The influx of data was due to an acquisition, which was new territory for both Kani and Railsr.
We worked together to navigate it and ensured we stayed in constant communication, to make sure everything went smoothly.
Together we’re implementing a globally unified process, to further support our effective partnership.
