Remove Faster Payments Remove Near Real-Time Remove Treasury Management
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Open Banking Adds Intelligence To Treasury Management

PYMNTS

Turner noted that FinTechs that are able to wield data-sharing opportunities can then automate the aggregation and normalization of financial data across platforms automatically, enabling financial controllers and other executives to obtain their cash positions in near real-time. ”

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Community Banks Embrace Faster Payments’ Competitive Edge

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Furthermore, faster payments is also likely to drive community banks’ competitive edge. “Faster payments is the way of the industry for all of us financial institutions — large, medium or small,” she said.

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To Improve Treasury Tech, Target The Developers

PYMNTS

For OANDA, that means developing a robust foreign exchange (FX) management solution for corporate treasurers — only the company isn’t targeting treasurers directly with the tool. We’re looking to partner with treasury management system [TMS] providers out there. Companies are going global, and payments are becoming faster too.