NEWS
Welcome to the latest edition of the CluneTechNewsletter. As always, this newsletter aims toinform, empower and entertain you. This issueincludes everything from business news, importantworkplace updates, and some more light-heartedmoments from across the Group. We hope you’llenjoy the read.
Hi everyone,
As we draw towards the end of anotherfantastic year for the Group, I’d like tothank you all for your continued supportand dedication. Though the last two yearshave had no shortage of challenges, I’mincredibly proud of the way in which we,as a Group, have continued to overcomethem. This is an immensely exciting time for theGroup as we move forward with our newbrand - CluneTech. Since Taxback wasfounded in 1996, brilliant people andtechnology have continued to drive ourexpansion. Our new name reflects ourindustry-leading offerings as a group ofsoftware technology companies, whileacknowledging our roots as a companythat has evolved and grown. Though manythings have changed, technology innovationand entrepreneurship remain at the heart ofeverything we do.
With the holiday season approaching, I’d like to take this opportunity to thank you all for being an essential part of the CluneTech family. We wouldn’t be where we are without each of you, and your unparalleled determination.
Here’s to another successful year working together as #OneTeam.
Best wishes,
Terry
Four important product updates were launched in TransferMate in Quarter 3.
We have increased the scope of Entity Management with our latest updates and now any user can be given access to multiple entities.
We have enhanced this experience by making UI improvements that make it easier to review incoming requests and make payments. Users can now pay multiple payments requests at once rather than having to pay incoming requests one by one.
The new feature allows the user to hover over and preview details without leaving the page—removing friction from the payment process.
Our new partnership with ComplyAdvantage will ensure that client transactions are secure and reliable with minimal risk of fraud when making cross-border payments. The solution strictly adheres to the global AML/CTF (anti-money laundering and counter-terrorism financing) guidelines
In October, Ivalua, a global leader in Cloud Spend Management solutions,announced a partnership with TransferMate. Thisstrategic relationship strengthens the payments capabilitiesreleased by Ivalua earlier in the year, ensuring a seamless source-to-payjourney for customers and enabling frictionless international payments for allsuppliers, regardless of where they are located. By bringing Procurement and Finance together, customerswill be able to trade goods and services at the best price and guaranteeon-time (or early) payment in a secure, efficient, and cost-effective manner.
In partnership with TransferMate, Transact,the leader in innovative payment solutions for a connected campus launched itsnew Transact International Payments offering that provides universities with astreamlined approach to accepting international currencies. Through thispartnership Transact will support the end-to-end processing of internationalpayments for students and universities.
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