Waspit is the first enterprise grade Engagement Banking PaaS to seamlessly integrate banking and day-to-day commerce into a single UX. It operates side-by-side with an FI's existing payment processors, and allows the FI to deploy customizable UI/UX to deliver modern solutions relevant to the emerging needs and lifestyle of their customers. Waspit also operates a direct-to-consumer alternate banking solution to meet the specific needs of millennials in North America.