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Navigating treasury trends in 2024: challenges, strategies, and the role of technology

Future CFO

Treasurers are expected to grapple with the implications of these shifts and strategise on leveraging technology to enhance efficiency and adapt to the evolving work environment. The events such as the Silicon Valley Bank situation serve as reminders for companies to proactively address risks and strengthen risk management policies.

Treasury 105
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Citi Teams With Cachematrix To Revamp Online Investing Experience

PYMNTS

Citi is leveraging a newly formed strategic partnership with Cachematrix to create an online investment gateway for money market funds (MMF), Citi announced in a press release on Tuesday (Oct. Cachematrix , a software as a service (SaaS) FinTech, specializes in making cash control easier.

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Treasurers Failing To Use Tech To Combat FX Risk, Deloitte Finds

PYMNTS

In a survey of treasurers across more than 200 companies in various parts of the globe, Deloitte found that the corporate treasurer continues to be positioned as a risk-management function of organizations: 97 percent said that the treasurers’ role in liquidity risk management is important.

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Ant Financial Adds Third Bank Partner This Month

PYMNTS

According to a press release today (May 30), SPD Bank will be leveraging Ant’s financial-grade technologies in AI, supply chain finance and biometric identification in online risk management to help prevent loan, transaction and marketing fraud. Ant’s Plans. FinTech Kabbage.

Banking 40
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Futureproofing treasury and payments through digitisation

Future CFO

Steven Ho, finance director at TVS Asianics, noted that his business does a “fair bit of transactions in foreign currencies.” The global market volatility has made this a significant risk for this business, and Ho is looking to minimize the exposure and mitigate potential losses. Becoming a strategic partner. IMI’s Oei agreed.