How Blackoak Works

One wire, one connected workflow, start to finish

From the moment a request comes in to the moment it's ready for an exam, Blackoak keeps every step, person, and record in a single system: no email chains, no spreadsheets, no scattered files.

From six systems to one connected workflow.

Today, a single wire moves through email, a spreadsheet, phone callbacks, and separate approval and payment systems. Blackoak replaces that sprawl with one connected wire transfer workflow.

The Workflow

The Blackoak workflow

Five stages carry a wire from first request to retained record, with nothing manually re-entered along the way.

1
Intake

Structured digital intake

Requests arriving by email, phone, fax, or in branch are captured into one standardized queue by intelligent document processing. Nobody pieces together formats by hand.

2
Verify

Callback verification, logged automatically

Every callback is captured and tied to its wire the moment it happens, so your team can show a verification step was completed without digging through email or memory.

3
Approve

Routed, dual-control approval

A wire routes directly to the approver responsible for it, with the same dual-control approval in place: no more waiting on an email thread to move a wire forward.

4
Release

Release to your existing payment platform

Approved wires flow straight to your existing payments platform: no second rekey.

5
Retain & audit

One retrievable, audit-ready record

Every request, callback, approval, and document lives in one audit trail, ready in minutes, not hours, for an exam or subpoena.

Day One

What changes for your team on day one

Two concrete shifts your operations team will notice as soon as Blackoak goes live.

Less rekeying, fewer errors

Wire details are captured once and carried through the entire flow: no spreadsheet in between.

Operations team members reviewing a completed wire together

Approvals that don't wait on inboxes

Approvals route directly to the person responsible, so a wire doesn't sit for hours waiting on an email reply.

Executive reviewing and approving a wire transfer request
Frequently Asked Questions

How It Works FAQs

Does Blackoak replace our payment platform?

No. Blackoak sits on top of your existing payments platform. It manages the workflow around the wire while your existing payment rail sends it.

How long does implementation take?

Implementation configures Blackoak to your bank's existing approval and routing rules during a guided setup period, so go-live timing depends on how your current workflow is structured.

Can our examiners get access to the audit trail directly?

Records can be packaged and shared quickly when an exam or subpoena request comes in, pulling from the same audit trail your team already uses day to day.

See this workflow on your own wires

Answer a few questions about how your bank handles wires today, and get your wire workflow score back in minutes.

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