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Open Banking Adds Intelligence To Treasury Management

PYMNTS

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. Despite the data challenge, pressures on CFOs and treasurers continue to mount. In the U.S.,

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Collaboration Spurs Treasury Management Innovation

PYMNTS

Patrick Moore , executive vice president and head of Capital One ‘s Treasury Management Product Management group, told PYMNTS that these collaborations offer the ability to integrate niche FinTech capabilities into Capital One’s broader range of services. ”

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CS Lucas launches new TMS service

CS Lucas

CS Lucas has launched a new Treasury Management System designed to ensure the reliance upon spreadsheets in treasury is eliminated. CS Lucas Essentials is our new, cost effective treasury management solution that will provide treasurers with quick access to an industry proven and matured system. Find out more

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Cashflow visibility: Finance execs, C-suites report low confidence

Future CFO

Of those who believe cashflow visibility could be improved, 56% are worried their company is making decisions based on inaccurate or out-of-date information and 50% say the lack of visibility over cash flow makes them less confident that their organisation can remain competitive over the next 12 months.

Finance 96
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Open Banking’s Mixed B2B Bag

PYMNTS

As PYMNTS looks back at the biggest stories of 2018, open banking and APIs became a central focus of the payments and financial services industry in areas like corporate treasury and small business banking. Of course, the FinTechs are eager to welcome corporate bank data into their own platforms to augment services for businesses, too.

B2B 70
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ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too. But there’s another reason why proponents of blockchain are so confident the technology can make waves in the payments space: security. A Realistic Approach.

SAP 57
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Coming out stronger in 2021 – What does good look like?

Future CFO

said Michelle Quek , vice president, Business Operations and Finance at Ensign Info Security. We replaced our entire treasury system in five months remotely,” he described. CFOs need to change the way they manage their teams or risk creating organizational silos. Data trust or integrity is another rising challenge.

CFO 52