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The Treasury Function Gets Strategic

Global Finance

Today, the corporate treasury team plays a critical role helping companies navigate a business environment rife with economic uncertainty, geopolitical risks, regulatory change, trade tensions and supply chain disruptions. Not anymore. You have the ongoing wars, conflict with China, high inflation, and [high] interest rates.”

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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.

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Banking-as-a-Service Moves Past Its Missteps To A Better User Experience

PYMNTS

When Stripe announced earlier this month that it was collaborating with the likes of Citigroup, Goldman Sachs and Barclays to embed a range of financial services within its Stripe Treasury offering, it was a big step forward for the Banking-as-a-Service (BaaS) landscape. The Corporate Use Case.

Banking 114
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Faster Payments, Open Banking Should Keep Treasurers On High Alert

PYMNTS

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch. BioCatch pointed to this risk in its blog post, too.

Banking 56
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The CIO Emerges As A Key Asset For The CFO, Says Workday

PYMNTS

This is especially true in finance-related functions like accounting, procurement, payroll and treasury, and a new survey from Workday suggests chief financial officers are recognizing the opportunities in a more collaborative approach to their positions.

CFO 58
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Corporates On Deck For Open Banking Disruption

PYMNTS

The traction gained from FinTech players demonstrates the willingness consumers have to connect their bank accounts to third-party apps and enable the data sharing that Open Banking promotes. How this new landscape of financial services will play out for corporate customers of the banks, however, is less clear, but disruption is on the way.

Banking 66
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For Improving Financials, Putting Big Data Into Context Is Key

PYMNTS

But the aggregation of troves of data points is a monumental task – let alone sorting, analyzing and making sense of that information. The issue, said Alexander Rinke, co-founder and CEO of Big Data company Celonis , is that oftentimes, businesses approach the analytics process by relying on static data points. .