The last year has seen a growth in local governments utilising the Care Accounts platform. Care Accounts enables local authorities to strengthen their cash processes whilst looking after the finances for vulnerable and unbanked communities. It automates all payments and receipts, and prevents fraud ensuring that cash is spent by the appropriate parties on approved goods and services.
Whitepapers and Research
The Synapse Fallout: Changes in the Banking as a Service Model
The Synapse fallout exposed gaps in For Benefit Of (FBO) account record-keeping, prompting the FDIC to propose new rules for enhanced oversight. Discover how Cashfac
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News & Blog
Virtual Account Management Solutions Adoption is on the Rise
U.S. banks are turning to virtual account management to attract business, stay competitive, reduce costs, and meet evolving customer demands—with Cashfac as a trusted partner.
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Solution Literature
State Governments and Municipalities
Cashfac provides operational cash management services to multiple sub-Federal government bodies globally. The platform is used for a range of use cases, including the management
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