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.
The European payments sector is continuing to make significant headway around real-time payments, however a fragmented ecosystem due to contrasting time zones and limited clearing hours is restricting progress for European corporates. Nevertheless, next-generation services such as SWIFTgpi are stepping in to relieve these administrative restraints and deliver cross-border payments with unprecedented speed and transparency.
After scooping the “Best Portal Technology Solution” accolade in TMI’s 2018 Awards for Innovation and Excellence, we discover how DBS Bank’s cutting-edge cash management simulation platform, DBS Treasury Prism, continues to push the boundaries on client-centric innovation.
Building a European treasury hub from scratch is no mean feat – especially when you are aiming to take efficiency gains to a whole new level. Read this case study to find out how Aspen streamlined its bank account management and sped up its payment process.
A variety of organisational factors make cash flow forecasting challenging in any large multinational organisation. Pearson's new artificial intelligence based solution aims to provide a detailed cash flow forecast in a single dashboard.