11 December 2016
Visit aciworldwide.com

Cashfac reports bank contract win for cash-management tech

02 September 2014  |  1168 views  |  0 Source: Cashfac Technologies

Cashfac Technologies, a global leader in Cash Management solutions, today announced that it has signed a new leading European headquartered banking partner.

The new partner bank will white label Cashfac’s technology to provide end-to-end cash management solutions across its corporate client base, that includes insolvency practitioners, property managers, fund managers and investment companies.

Cashfac’s solutions provide a real time, granular approach for Corporates to better control cash across their enterprise.  They fully automate the management and control of payments, receipts and reconciliations to reduce corporate institutions reliance on manual processes and provide real time visibility across the entire lifecycle of a payment. Where organisations are responsible for managing Client Money and complying with client money regulation Cashfac enables complete control over the entire client money lifecycle.  All client money movements are identified, automatically segregated and allocated to provide unparalleled control and protection.

Alastair McGill, Managing Director, Global Business, Cashfac, said: “Leading Banks around the world continue to place Cashfac’s solutions at the heart of the cash management services they offer to corporate institutions and public bodies. We’re delighted to have signed another leading European bank to our growing portfolio of banking partners in Europe and the rest of the world. Cashfac prides itself on providing solutions that not only allow firms to reduce the footprint of their manual operations but ultimately saves them time and money as well as reducing their risk.”

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
http://www.financialcrimerisk.fiserv.com/aml?r=finextraFind out moreVisit contisgroup.com

Top topics

Most viewed Most shared
China tops world fintech rankingsChina tops world fintech rankings
8960 views comments | 39 tweets | 32 linkedin
EBA bends under weight of PSD2 mandatesEBA bends under weight of PSD2 mandates
8403 views comments | 37 tweets | 48 linkedin
Guesswork alone can crack Visa card security - Newcastle UniversityGuesswork alone can crack Visa card securi...
8094 views 12 comments | 15 tweets | 27 linkedin
PSD2 will transform the payments landscapePSD2 will transform the payments landscape
7376 views comments | 24 tweets | 13 linkedin
Fed Governor sounds warning on alternative credit scoring dataFed Governor sounds warning on alternative...
6942 views comments | 20 tweets | 24 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job