Chief financial officers and finance directors have much to gain from bundling treasury services if they can convince senior management that such offerings deliver value for money.

As mandated real-time payments loom, Europe’s banks and other payment providers must look at modernising legacy infrastructure.

The EU’s Instant Payments Regulation may have fired the starting gun on real-time payments in Europe, but many banks remain stuck in the blocks.

In a world of higher interest rates, economic uncertainties and data overload, corporate treasurers are turning to cutting-edge tools and strategies to predict and optimize their cash flows.

Many vendors believe corporate treasurers should be doing more to eliminate superfluous accounts, protect payment data and direct resources to improving paper-based processes.

Domestic companies launch banking-as-a-service models as the country's central bank creates space for new entrants.

Collaboration between national banks has seen widespread adoption of mobile payments schemes. The French and German-led approach of focusing on a single European scheme could therefore be seen as a distraction. But is it the only real way of keeping US payment companies at bay?

Implementing real-time payments can have consequences for corporates who underestimate the impact of cash leaving their business more quickly. Even as solutions become cheaper to implement, corporates are being cautious.

Strategic adjustments, such as those resulting from mergers or acquisitions, represent a valuable opportunity for corporates to enhance their payment infrastructure.

Siemens is anchor client for a new rules-based approach to banking.

Thailand wants to give almost every adult in the country money through a digital wallet. It’s an interesting step towards bringing digital finance to the mainstream.

Kenyan authorities have cleared Flutterwave of wrongdoing following an anti-money-laundering case in the East African nation. Nevertheless, industry confidence in the Africa-focused payments company remains mixed.

The overall use of cash will continue to fall, but the decline of bank branch networks means that businesses now face a headache in handling physical takings.

While the air at the Singapore Fintech Festival was full of grand ideas about GenAI, real innovation was taking place in the weeds of fintech development.

Banks say they are working hard to maintain an edge in an increasingly crowded and fragmented cross-border retail payments market.

It took five years for the invoice finance specialist Accelerated Payments to advance its first €1 billion, but just nine months for the next €500 million.

Transaction banks are collaborating with ERP system vendors and other fintechs to maximise corporate use cases for ISO 20022.

Corporate treasury expectations for on-demand financial information are yet to be addressed. The difficulty of gathering data from disparate systems should not be underestimated.

For decades, transaction banking was a profitable but largely ignored corner of the banking industry. Then Covid happened. Today, bank chiefs see it as critical to everything they do. Given the challenges ahead – collaborating with fintechs and embedding ESG principles in global supply chains – the revolution under way in this business is unstoppable.

Corporates appreciate the value of APIs when it comes to connectivity for services such as payment order transfers, cash balance updates and payment status updates. But a lack of uniform data standards continues to hinder their wider adoption.

Two new platforms show how India is building on top of its digital foundations.

Banks are calling for greater cooperation from regulators as they address demands for cheaper and faster cross-border payments.

With Apple set to take an even bigger bite out of UK in-person transaction volumes, rival providers of payment technology will be looking to up their game.

High interest rates and low bank appetite for risk have created the perfect conditions for a renaissance in invoice factoring.

The evolution of Brazil’s central bank payments programme could be good news for banks.

The big transaction banks are becoming increasingly active in the B2B marketplace as they seek to cash in on corporate digital transformation.

Business-to-business buy-now-pay-later providers are optimistic that economic uncertainty and higher interest rates will drive corporates to pay suppliers sooner and secure inventory more rapidly.

Patents are a high-profile demonstration of a bank’s commitment to innovation, but they are not the only option for those looking to encourage new ways of thinking.

The European Commission has mandated instant payments across the eurozone, and banks must urgently ensure that their payment systems are fit for purpose.

As the treasury sector reflects on another eventful year, Euromoney looks at likely developments for the next 12 months.