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Asia’s Corporates Driving Treasury, Banking Digitization

PYMNTS

The portion of treasury officials prioritizing digitization has nearly doubled since the fourth quarter of 2018 to 22 percent, the report revealed. ” In areas like foreign exchange management, trade, and cash management, working with FinTech third-party providers will be an important part of the digitization journey.

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Citi On Treasury’s Real-Time Reality

PYMNTS

As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. Cash management becomes a continuous process, throughout the business day. Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. on Friday, he said.

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Best Financial Innovations 2024

Global Finance

The Corda platform prioritizes privacy, security and interoperability; and it has supported many other DLT projects, including Progmat’s recent tokenized bond project in Japan. This low-risk cash management solution offers risk-adjusted returns in US dollars.