Since the first launch of the product before more than 30 years, MultiCash has been developed constantly to ensure compliance with changing technological and regulatory requirements. In the meantime MultiCash has become one of the most successful products for handling payments business on a national and international level.
With the new generation of MultiCash - available for banks - the next chapter for e-banking can begin.
Working with the new, intuitive user interface, financial staff can run cash management reports based on the latest information from all the corporate’s banks and take any necessary steps to optimize their cash flows.
Directly at the start of the program, a Dashboard tailored to the special requirements of each users presents a summary of the latest position on all accounts. The dashboard combines a graphical overview with many report and analysis functions.
Many features have been integrated to ensure compliance with security standards. These include flexible authorisation functions as well as special support for “confidential payments“. All functions have been built to meet national and international audit requirements.
At the heart of the system is a communication engine, designed to connect to banks worldwide. A wide range of communication standards are incorporated in MultiCash to ensure that all banks can be reached. These include the European EBICS standards (in all its variants) as well as the internationally widespread MCFT (MultiCash File Transfer) option. As and when required, local and bank-specific connections can be integrated.
As part of the functionality needed for an e-banking solution linked to multiple banks, MultiCash supports a large number of formats for payments. National formats, European standards are incorporated as is the global CGI template.
One aim of the new generation is to integrate new functionality based on the latest XML-based specifications. This can be seen in the range of new software modules : Bank Account Management, Bank Service Billing, real-time balances and Payment Status Reports are just some of the new options.