Santander goes live with Cashfac's corporate cash management and client money platform

Cashfac Technologies has announced that Santander has gone live with its Corporate Cash Management & Client Money Solutions technology, which will provide end-to-end cash management solutions via the Santander Connect online banking service for Corporate and Commercial clients.

Cashfac's solutions reduce corporate institutions' reliance on manual processes and provide real time visibility across the entire lifecycle of a payment. Alastair McGill, Managing Director, Global Business, Cashfac, said: 'Santander has successfully grown its market share in recent years through technological innovation and a strong customer proposition. We are delighted to be part of that story and have Santander as a bank partner. The combination of the banks progressive approach to corporate cash management services and our own leading edge technology is an exciting combination.'

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