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NEARSOFT CEO Pedro Camacho was invited yesterday, 20th July, by SIC Notícias, one of the most-watched news channels in Portugal, to provide his insights on a recent CrowdStrike & Microsoft incident. Pedro Camacho was honoured to discuss this critical issue and share his expertise on national television.During the interview, Pedro Camacho delved into the details of a significant cybersecurity problem caused by a third-party security software update affecting numerous corporate clients. He clarified that this issue was not due to a Microsoft system failure but was related to a widely used security protection software. This incident resulted in a domino effect, impacting a vast number of systems running Microsoft Windows, which constitutes over 70-80% of corporate workstations.Key points discussed:- The rapid spread and significant impact of the issue across various sectors, including banks, airports, and major corporations.- The global interconnectedness of systems and how a single affected machine can trigger widespread disruptions.- Steps being taken by companies like CrowdStrike and Microsoft to resolve the issue and provide corrective updates.- The role of cloud services, particularly Microsoft Azure, in the incident and the ongoing efforts to stabilize affected services.Pedro Camacho emphasized that while this incident caused significant disruptions, it was not a cybersecurity breach but rather a technical failure. The swift response from technical teams worldwide gives hope that the major impacts will be resolved shortly.A big thank you to SIC Notícias for the opportunity to shed light on this important topic and to all the professionals working tirelessly to address the issue.Stay vigilant and stay secure!

NEARSOFT, a leading provider of digital banking solutions, has successfully integrated the SPIN (Numeric Identifier Payment System)system into its digital banking platform. ()Now live , this new functionality allows NEARSOFT's bank clients in Portugal to perform transfers using only the recipient's phone number, eliminating the need for an IBAN (International Bank Account Number). Launched by the Banco de Portugal, SPIN has been gradually implemented since June 24, 2024, and will be mandatory for all banks by September. This service aims to simplify and expedite transfers between accounts.Integrating SPIN into NEARSOFT's platform underscores our commitment to delivering cutting-edge solutions tailored to the banking sector's evolving needs. With this feature, banks using NEARSOFT’s Digital Banking Platform can offer faster and more convenient transfers, significantly enhancing the customer experience.NEARSOFT's extensive expertise in Digital Banking continues to drive the sector’s transformation, offering Omnichannel Platforms that integrate Online Banking, Mobile Banking, Client Onboarding, and more. The integration of SPIN marks another milestone in our mission to create modern, customer-centric banking solutions for the financial institutions that trust our products and services.

NEARSOFT Visits AICEP Portugal Global in Kuala Lumpur, MalaysiaWe're excited to share that the NEARSOFT team, including our CEO Pedro Camacho and Market Manager for Malaysia Norizan Ahmad, recently had the opportunity to visit Dra. Maria Liew, the representative of AICEP Portugal Global (Agência para o Investimento e Comércio Externo de Portugal) in Kuala Lumpur, Malaysia.AICEP is a Portuguese government agency that promotes Portugal's economy and supports Portuguese companies in their international expansion efforts. Our visit allowed us to explore potential collaborations and discuss ways to help Portuguese businesses thrive in the global market.The Nearsoft team was warmly welcomed by Dra. Maria Liew. We engaged in productive discussions, exchanged ideas, and explored synergies that could benefit both organizations and the companies we serve.We received very good and insightful information about the market and the business environment. We believe AICEP will be very useful during our business process in Malaysia.As a company committed to quality, collaboration, and people-centred solutions, Nearsoft is excited about the possibilities that this visit has opened up. We look forward to continuing our dialogue with AICEP and exploring ways to support Portuguese businesses in their digital transformation journeys.Stay tuned for more updates on our exciting collaborations and initiatives!

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 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.

On May 2nd and 3rd, we will be present at the UMA Job Fair! Visit us to meet the Nearsoft team and discover exciting opportunities in the technology field. We are looking for enthusiastic and dedicated talents to join us. Don't miss this opportunity to explore your potential with us. We look forward to seeing you! #Nearsoft #UMA #FeiraDeEmprego #OportunidadesTecnológicas #frompeopletopeople #recruitment #fintech #digital #JobFair #TechOpportunities