Available as an on-premises or hosted (managed services) solution, C-Series utilises a single platform, next-generation technology and a browser-based user interface to automate and consolidate all domestic and international payments including cheques, ACH, Faster Payments, Bacs and SEPA from a single, comprehensive payment hub. C-Series also delivers accurate and timely visibility into cash positions via robust functionality for collecting and viewing consolidated global cash balances and AP/AR transaction data, a portfolio of customisable dashboards and reports, and a flexible platform for manipulating intra-day, end-of-day and historical data. Finally, C-Series streamlines financial processes with proven integration into your back office systems and banking partners.
Bacs TLS security change and C-Series:
In June 2015 Bacs announced changes to their security protocols, moving from Secure Sockets Layer (SSL) to Transport Layer Security (TLS) by June 2016. TLS is a cryptographic protocol that ensures privacy between communicating applications and ensures that no third party may eavesdrop or tamper with any message. TLS is the successor to the Secure Sockets Layer (SSL) that is currently used by all Bacstel-IP software. This industry change is to ensure the ongoing security in communications standards used when connecting to the Bacs service either via software or Payment Services Website, in advance of a wider move to the new standards by the internet community by 2017.
The latest version of C-Series will be fully compliant with the TLS changes. If you are an existing C-Series customer we will be in touch to discuss any update you may require to your existing product or other available options, if you have any questions about TLS or about product compatibility please speak to your account manager.