Software as a service (SaaS) services featuring software for use in offering white label digital banking services, namely creating checking and savings accounts; enabling peer-to-peer payments; enabling the electronic transfer of funds made via electronic payments, credit card, debit card, electronic check, phone and QR code; enabling transaction monitoring, fraud prevention and compliance with know-your-customer (KYC) and anti-money laundering (AML) regulations; electronic data storage and data encryption services; providing user authentication services using biometric hardware and software technology for banking and e-commerce, allowing users to access virtual bank account information and transact virtual bank business transactions