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Treasury Strategy & Transformation
Published  4 MIN READ

Why Smart Cities Depend on Intelligent Cash Management

Throughout history, people have flocked to cities to improve the quality of their lives. After all, cities are the engines of growth, the seats of power and hosts of many of the best-paid jobs. Today, this trend of urbanisation continues at an accelerating pace.

This migration to cities has been accompanied by the development of technology. What’s different now is that technology is transforming the city itself. Innovation in the city will improve life in the community. Governments and companies are harnessing the potential of new technologies to enhance standards of living. In essence, this is the concept of the ‘smart city’ 1.