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The French MNC worked with BNP Paribas – with which it shared the CT award for best payment strategy of 2017 – on streamlining a series of recently acquired entities.
Increasingly, treasurers rely on internal and external systems, and large corporations have expensive, automated TMS. At its heart however is the idea that information means business.
SMEs form the backbone of the Singapore economy and digital solutions are helping them get on top of paperwork. Cafebond.com serves up a prime example.
Automation remains key to treasury activities, but have traditional treasury practices caught up with the latest technological advances?
Blockchain is the buzzword of the moment in the financial and tech worlds, but how will the technology be implemented?
Always keen not to play guinea pig to new products and strategies, treasurers run the risk of stifling innovation. They occassionally need to be bold.
The utility approach to KYC process will help treasurers comply with global regulations and manage their KYC responsibilities across multiple banks.
The development of the AEC is exciting, but many areas – particularly services and
finance – will remain heavily protected.
As more consumers feel at ease paying for goods online, treasury departments need to safely support e-commerce digitally.
Banks have been experimenting with Ripple’s technology, which could make payments far more efficient, but a recent report questions whether it can handle larger volumes.