White-label goods and services are made by a single producer, but then marketed and distributed by different organisations, without the producer's branding.
When the white-label item is incorporated into an existing system, it is more likely to be compatible.
Treasurers want white-label e-banking system
- "With wide variation in e-banking systems, an external white-label e-banking system that the banks subscribed to would go a long way to easing treasurers' travails and would assist those organisations working towards centralising treasury and finance functions.
- A single web-based system that worked with multiple banks would avoid the need for banks to invest heavily and separately in individual but entirely distinct platforms.
- The ability to view statements, extract payments, and set up individuals and user rights in a common space would remove considerable account management pain."
- ACT Smart Cash Conference Report, Spring 2018, p17 - panel discussion on banking relationships.