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  2. The digital banking solution presented in African and Asian countries by Nearsoft
Jan 04, 2019
2 min read

The digital banking solution presented in African and Asian countries by Nearsoft

The digital banking solution presented in African and Asian countries by Nearsoft

Nearsoft aims to present digital solutions aimed at African and Asian countries where the level of banking is rudimentary and allow a financial institution to have access to the products needed to start operating.

Founded in May 2017, in a project based on a different culture, human resources are the priority, which are always well valued and/or that the customer is always satisfied with the products they need.

"We had a good first year, way above expectations. We have 26 people and we are profitable. 2018 was a year of stabilization, of investment in product creation, and customer loyalty, of organizing the team." CEO-CO Founder Pedro Camacho

This news can be accessed at: Jornal Económico

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Nearsoft Implements CoPS on the Digital Channels Platform in Portugal
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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.