11 March 2020

Emergency coronavirus TEST complete for JustUs and Moneybrain BiPS.

Written By Lee Birkett in Crowd Funding

Emergency coronavirus TEST complete for JustUs and Moneybrain BiPS.

What a surreal, apprehensive but hugely positive learning experience.

For 30 years I have always worked out of an office, there’s something solid, dependable and comforting to know that we are sat in bricks and mortar, the client files are all securely stored in fireproof cabinets and the finance, operational and tech team are just in the next office to deal with any crisis.

But yesterday I told out our team not to come into the office and switch on our mobile cloud based disaster recovery plan.

  • Online switch of HQ phone system to Mobile APP phone calls in and out.
  • PC’s fully operational via back up lap tops.
  • All data files fully accessible via the cloud by all staff members,
  • Google supported eMail system tested and approved via two factor authentications.
  • Lender deposits processed via banking partners.
  • Interest payments made to lenders.
  • Secondary micro-loan market trading financial settlements complete.
  • Know Your Customer Anti Money Laundering checks complete.
  • Compliance oversight actioned.
  • Finance team confirmation of 100% operational efficiency.
  • Underwriting team assess new borrower applications.
  • FCA supervisor advised of disaster recovery notification (TEST).
  • New business submissions and approvals to 3rd party lenders complete.
  • New business approvals by JustUs complete.
  • End of day operational heads come together to discuss the day, picture from our virtual operational board meeting below.

1px.png

With thanks to all the team, business partners and JustUs members,

All of our business planning, investment in technology and great people over the last 7 years paid huge dividends yesterday,

I am a very proud founder and CEO.

1px.png

 

Up Next ...
05 November 2024

MeaWallet Introduces New Features to Support Click to Pay, Enabling Safer, Faster Online Shopping

MeaWallet product updates support businesses facing mandatory regulatory requirements that state they must support Click to Pay

05 November 2024

Nium and HyperGuest Join Forces to Streamline Payments for the Travel and Hospitality Industry

This partnership will enhance payment efficiency and security for HyperGuest’s global network of travel and accommodation partners with Nium’s virtual card solution...

05 November 2024

Mastercard's 'Pay Local' Brings Global Payment Access to Digital Wallets

This initiative particularly benefits travelers, as it eliminates the need to preload prepaid accounts, making global payments more seamless

04 November 2024

Finance apps are in ‘need of improvement’, says a quarter of Brits

A recent survey by UK mobile specialists Apadmi reveals that ...

More in Crowd Funding

Birmingham startup Furbnow raises £950k to decarbonise homes

11 January 2024

Founded in 2022, Furbnow was launched to reduce the carbon ...

RegTech scale-up Salv raises €3.9mn for UK market expansion

15 December 2023

Salv says it has doubled revenue in 2023 as banks ...

Jenesys AI Raises $1.1mn in Pre-Seed Funding

14 December 2023

Jenesys, a London, UK-based company specializing in B2B invoice management ...

Welsh FinTech obtains £1.5mn seed investment

13 December 2023

FinTech Hope Macy has obtained £1.5m in seed investment from ...

There are no Knowledge Bank in this category

There are no Events in this category