Compound Ledger: A Double-Entry Ledger API from Bond built on ISO-8583 Standards

docs.ledger.bond.tech

3 pointsprithvi22063 comments

At Bond we just released a free-to-use double-entry ledger API that’s built on ISO-8583 standards. This makes it easy for anyone to manage card transactions or other payments.

The API is built with fintech developers in mind, so it’s specifically designed to be user-friendly and easy to integrate with existing systems, while ensuring the accuracy and integrity of transaction data. Since it’s built on ISO-8583 standards, it’s compatible with most existing payment networks.

If you’re interested in learning more, you can check out the API documentation (docs.ledger.bond.tech), or sign up yourself (signup.ledger.bond.tech).

WOWWWWWWWW This is awesome. I was struggling w/ building an app connected to our bank since they only give us our FBO balance. This gives us user by user account.

Does this allow subledgering as well?

Yes - a common use-case we had in mind was if you've got an omnibus or FBO account at a bank, and wanted to maintain a subledger under that account for balances and transactions associated with users under that omnibus account.

Reply on news.ycombinator.com