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How Treasurers Are Guiding Firms Through The eCommerce Revolution

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The eCommerce landscape is shifting on multiple fronts, with sellers embracing digital channels and adjusting their business models to a new reality of customer demands. Treasury is very well-positioned to handle all of these activities,” added Sinha. Treasury is very well-positioned to handle all of these activities,” added Sinha.

eCommerce 118
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APIs, Data Analytics Bring Cash Flow Control To The Back Office

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This means treasury departments must have back-office integrations that can enable them to manage payments across various channels. It is important for businesses looking to understand the risks treasury departments face to identify and execute best practices.

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SMB Funding Embraces The Open Banking Way

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It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. Poland's mBank Taps Treasury Pricing FinTech. But it may not always be smooth sailing ahead.

Banking 88
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Citi Banks On API Calls To Make Treasury Ops Real Time

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Less than three years after the November 2016 launch of application programming interfaces (APIs) through CitiConnect , Citi said this month that its corporate treasury APIs and platforms have processed more than $26 billion for enterprise clients.

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Treasurers Beware: FX Risk Is Not What It Used To Be

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Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. Traditionally, however, multi-currency accounts are often opened within silos, unable to integrate and communicate with each other, or other cash management systems.

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Citi On Treasury’s Real-Time Reality

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As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. The growth in eCommerce transcends all industry verticals. Indeed, the broader embrace of real-time payments, and real-time management of treasury functions, will take a little time, as savvy observers have prognosticated.

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What Payments Players Had To Say About Innovating Payments In A Pandemic

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JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management.