Think instant payments are only for treasurers in consumer-facing businesses? Or that real-time payments offer just a handful of treasury beneﬁts? Then it’s time to take a fresh look at what these schemes mean for cash and liquidity management, and how market innovations such as request-to-pay and auto-investment solutions are enabling treasurers to extract maximum value from the real-time environment.
Treasuries in the Infrastructure, Real Estate and Building Materials (IRB) sector operate against an extremely demanding backdrop. As HSBC explains,there are various ways in which leading IRB treasuries are successfully managing despite these conditions.
While considerable work is still to be done for real-time global payments to become a reality, the importance of implementing real-time transactions is clear, and significant progress is already being made, with over 35 countries having now adopted – or transitioning to – some form of faster payment scheme.