Cashfac - Care Accounts

23 January 2015

Cashfac Technologies, a leading cloud provider of cash management solutions to banks and corporations around the world, took the decision in 2011 to produce a cloud based service to help local authorities, solicitors, and carers to better manage money for the vulnerable and disadvantaged.

The Care Accounts enables local authorities to provide a stable and sustainable care support banking service to their clients. Cashfac Care Accounts utilises a consolidated virtual account infrastructure for all appointeeship, deputyship and guardianship accounts; allowing councils to easily handle payments, receipts and real-time balances.

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