Cashfac Care Accounts: Managing the finances of vulnerable adults and children
Using our virtual accounts technology, our social care platform is used by over 30 UK local government authorities and councils to manage the bank accounts of over 300,000 vulnerable adults and children. Through this service, local authorities can easily and quickly open a “Care Account” to manage the finances of individuals who are unable through illness or mental incapacity, those in guardianship, those who are hospitalised long term, individuals that are in care homes, hospice, care services or those living at home with dementia.
Cashfac and HeyDay Europe Partnership
Building on our UK success, in 2018, Cashfac partnered with HeyDay Europe to jointly launch a new proposition, BBC-accounts©. This is a dedicated banking solution for vulnerable adults and those in government care services, which will initially be available in The Netherlands and rolled out across the EU over the coming years.
About the FS Tech Awards
FStech is a leading online publication that explores various topics impacting the financial technology sector as well as marketing third party resources to their vast database. The FStech awards celebrates excellence and innovation within the UK and EMEA financial services sector. The winners will be announced at our 20th annual awards ceremony on 19 March 2020 at the London Marriott Hotel, Grosvenor Square.
Find Out More
For more information about our Care Accounts Platform, please contact us using the form below.