MyVyay for BFSI / Fintech

Bank-grade spend control for banks, NBFCs, and insurers

Branch-network expense management with maker-checker rigour, complete auditability, and the security posture your own regulators expect from you.

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2000+
branches supported per deployment: 100%
dual-authorised payments: 0
audit observations on expense controls

Quick answer

MyVyay serves banks, NBFCs, and insurers with branch-level expense automation, maker-checker controls, immutable audit logs, and SOC 2 / ISO 27001-aligned security that satisfies financial regulators.

BFSI / Fintech

The reality

Where bfsi / fintech spend leaks today

Branch network scale

Hundreds of branches generating small, frequent, hard-to-audit spend.

Regulatory scrutiny

RBI/IRDAI-grade expectations on controls, audit trails, and vendor payments.

Agent & DSA payouts

High-volume third-party reimbursements with fraud exposure.

Outsourcing governance

Vendor due-diligence and payment controls under outsourcing guidelines.

The fix

How MyVyay closes each gap

Maker-checker by design

Dual authorisation on approvals and payments, mapped to your DOA and audit-logged immutably.

Branch expense automation

Branch staff capture spend via mobile; category budgets and policies apply per branch grade.

Fraud screening at scale

Every claim and invoice screened — duplicates, altered documents, split payouts.

Regulator-ready security

SOC 2 Type II, ISO 27001, India data residency, and SIEM-streamed audit logs.

"Our inspection teams stopped flagging expense-control gaps. Every branch claim now carries its evidence, policy result, and approver trail — automatically."

Suresh Iyer

CFO · Mid-size private bank

FAQ

BFSI / Fintech — frequently asked

Straight answers — the same ones we give in evaluations.

Does MyVyay meet RBI outsourcing and data-localisation expectations?

Indian BFSI customers run on India-resident infrastructure with data never leaving the region, and MyVyay's audit, access-control, and BCP documentation supports outsourcing due-diligence reviews.

Can maker-checker be enforced on every payment?

Yes. Payment release requires configurable dual (or triple) authorisation with amount-based thresholds, and no single role can create and release a payment.

How are DSA and agent reimbursements controlled?

Third-party claimants submit through a scoped portal, claims screen through the same fraud models as employee spend, and payouts require verified bank accounts.

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Your close doesn't have to be a crunch.

See MyVyay run against your policies, your ERP, and your document types — in a 30-minute working session.

Book a demo Run the ROI model

2–4 week implementation · No lock-in · Priced per active user