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Nearsoft Implements CoPS on the Digital Channels Platform in Portugal
Jul 08, 2024
5 min read
Nearsoft Implements CoPS on the Digital Channels Platform in Portugal
NEARSOFT  is pleased to announce that the financial institutions in Portugal, using the Nearsoft Digital Channels Platform, now have CoPS (Confirmation of Payee Single) in production.This implementation marks a significant step in improving the security and efficiency of financial transactions.◦ What is CoPS?CoPS (Confirmation of Payee Single) is a feature that allows the verification of the beneficiary's identity before completing a transaction. This verification is essential to prevent fraud, errors, and to increase trust in digital payments.For more information check this link.◦ Benefits of CoPS for Financial Institutions:Enhanced Security: By verifying the beneficiary's identity beforehand, transactions are more secure, significantly reducing the risk of fraud.Transaction Accuracy: Confirming the identity helps ensure that payments are directed to the correct beneficiaries, minimizing errors.Improved User Experience: Users can make payments with greater confidence, knowing they are interacting with verified recipients.◦ How Does CoPS Work?When initiating a payment operation, the platform uses CoPS to verify the beneficiary's identity, confirming that the provided data matches the account holder's information. This process is quick and integrated into the platform's user experience, ensuring a seamless verification.◦ Next Steps:NEARSOFT will continue to work closely with financial institutions to ensure that all functionalities of the digital channels platform are fully utilized, providing ongoing training and support for the integration of CoPS into their daily operations.◦ Acknowledgment:We appreciate the trust placed in NEARSOFT and look forward to continuing to provide high-quality services that drive the success of financial institutions.For more information about CoPS and other platform features, please visit our website or contact our customer support.  
BCI Modernizes Digital Banking with NEARSOFT Partnership
Jul 05, 2024
3 min read
BCI Modernizes Digital Banking with NEARSOFT Partnership
BCI Modernizes Digital Banking with NEARSOFT PartnershipBCI - Banco de Comércio e Indústria in Angola has partnered with Nearsoft, a leading provider of Digital Banking Solutions, to modernize its financial services offerings for both private and corporate banking customers.This collaboration aims to enhance customer experience, drive innovation, and strengthen BCI - Banco de Comércio e Indústria's position in the Angolan market. Key modernization initiatives include:Online BankingNearsoft's Internet Banking Solution ensures maximum security and performance for BCI - Banco de Comércio e Indústria's customers, integrating seamlessly with the bank's Digital Banking Platform for an omnichannel experience. This represents a significant improvement over the previous solutions used by BCI - Banco de Comércio e Indústria.Mobile BankingNearsoft's Mobile Banking Apps provide a flexible and always-available channel for BCI - Banco de Comércio e Indústria's customers to access daily banking needs, fully integrated with the Digital Banking Platform. These new mobile capabilities are more extensive and user-friendly than BCI - Banco de Comércio e Indústria's previous mobile offerings.Private BankingFor BCI - Banco de Comércio e Indústria's private banking customers, the new platform offers a personalized and secure digital experience, allowing them to manage their finances conveniently and efficiently. This is a notable enhancement from the bank's previous private banking solutions.Corporate BankingThe new digital platform also caters to BCI - Banco de Comércio e Indústria's corporate clients, providing advanced features for mass transfers, bill payments, expense tracking, and more - all accessible through PC, Mac, and mobile devices. This modernizes BCI - Banco de Comércio e Indústria's corporate banking services.By partnering with Nearsoft, BCI - Banco de Comércio e Indústria has demonstrated its commitment to innovation and its desire to provide cutting-edge financial services to its customers. This modernization effort aims to enhance operational efficiency, improve customer satisfaction, and solidify BCI - Banco de Comércio e Indústria's position as a leader in the Angolan banking sector.

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