Evolution in fintech is challenging the way corporates manage their cashflow. Given their acquisitions Amazon, Alibaba and Tencent are at the pointy end – particularly in Asia.
The advent of open banking promises much, but without standardisation corporates and banks risk an open banking ecosystem that is piecemeal and fragmented.
Improving cash flow and working capital is one of a treasurer’s chief challenges - a Finnish industrial has turned to Standard Chartered and WeChat Pay for a solution
How banks position themselves today in the digital space will decide what’s on offer to corporate treasurers tomorrow. Two banks take very different approaches.