Cashfac Forms Strategic Partnership with The RWC Group as US Implementation and Sales Lead

Cashfac PLC has formed a strategic partnership with The RWC Group, a leading financial technology integrator and implementation provider, to serve as both the implementation and sales lead partner for Cashfac across the United States. This collaboration enhances Cashfac’ s US presence, leveraging RWC’s industry knowledge, technical expertise, and extensive network to deliver Cashfac’s market-leading self-service virtual account solutions to Commercial and Business Banks. 

“Cashfac has successfully deployed specialized self-service banking solutions across the world for 30 years,” said Jeremy Marchant, Senior Vice President, United States, at Cashfac. “The highly competitive US banking market, driven by the need for deposits, is rapidly adopting self-service virtual account solutions tailored to industry needs. We anticipate the majority of regional and national US Commercial Banks will deploy such solutions in the next two years. RWC has a vast industry network as well as huge functional and delivery expertise. We are excited to work with RWC to help us deploy Cashfac’s world-leading solution across the United States.”

Research shows that most US Commercial and Business Banks are adopting self-service virtual account solutions to drive deposit acquisition and revenue growth. This partnership enables US clients to benefit from a seamless and efficient integration of Cashfac’s industry-leading software. RWC’s functional expertise for system implementations ensures that clients receive best-in-class support, from the initial sales conversation through to implementation and beyond. 

“We are thrilled to partner with Cashfac and bring their world-leading self-service virtual account solutions to the US market,” added Debra Yaley, President of The RWC Group. “This collaboration allows The RWC Group to leverage our extensive industry knowledge and technical expertise to deliver seamless and efficient integrations of the Cashfac solution to the US market. With the rapidly evolving banking landscape, we are confident that this partnership will drive significant value for US Commercial and Business Banks, helping them enhance their customer engagement and operational efficiency. We look forward to a successful journey together with Cashfac.”