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Traditional FIs Drive Modernization Through FinTech Pairings

PYMNTS

Consumer Bank Chief Digital Officer Mike Naggar said the FI aims to provide customers "a choice, convenience and control of their financial data. WEX Talks Bank Partnerships To Advance B2B Payments. Finantier Joins Y Combinator With Open Finance Model.

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The Treasury Function Gets Strategic

Global Finance

And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cash management, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.

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cashflow visibility could be improved, 56% are worried their company is making decisions based on inaccurate or out-of-date information and 50% say the lack of visibility over cash flow makes them less confident that their organisation can remain competitive over the next 12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

The FI launched its API gateway to integrate into its CashPro corporate cash management platform late last year, and has since continued to invest in API technology to enable corporate clients to more easily obtain their data, funnel it into the right systems, and more easily analyze it.

B2B 70
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CS Lucas launches new TMS service

CS Lucas

Maximize your value add by using a treasury management system for free. With the Essential Edition, all your cash management needs are met, you’ll have access to: . 2 financial instruments . 5 financial instruments . All financial transactions . 2 accounting centres . 5 forecast lines . Team rooms .

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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. But this use case can easily be applied to other industries, too.