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These Are Your Most Profitable Cash Management Clients

South State Correspondent

The treasury or cash management customer is usually a bank’s most profitable customer on a risk-adjusted basis ( HERE ). In this article, we discuss cash management profitability and rank the most profitable industries for banks to go after. Cash flow stability is also a factor in cash management profitability.

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Joint Guidance Provided to Banks to Manage Risks Associated With Third-Party Relationships

Perficient

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. The bank holding company and Federal Reserve member legal entities fall under the Federal Reserve as its primary federal regulator. Introduction It’s not you. It’s the guidance.

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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. The company has a few niche U.S. The post Core Unicorn Deals Rattling the Future of Financial Technology appeared first on Gonzobanker.

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Euronet Announces Acquisition of Infinitium, a Leading Digital Payments Company in Southeast Asia

ATM Marketplace

Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, today announced the acquisition of Infinitium Holdings Pte. Ltd (Infinitium), a digital payments company and provider of risk management and payments authentication services based in Singapore.

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Generation Life launches lifetime annuity solution using GBST’s Wealth Management technology

Bobsguide

Generation Life – a leading life insurance company that’s been providing Australians with tax-effective investment solutions for over 18 years – has launched its innovative new lifetime income solution, known as Generation Life LifeIncome, on GBST’s cloud-based wealth administration platform, Composer.

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How Higher Education Finds The Flexibility To Manage Cash Flow

PYMNTS

In a recent conversation with Karen Webster, Flywire CEO Mike Massaro discussed the unique predicaments that make cash flow management and forecasting in the time of coronavirus an immense challenge for the higher education system. An Interconnected Ecosystem. “These are not isolated industries,” noted Massaro. ”

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Federal banking agencies issue guide for community banks on conducting due diligence on fintech companies

CFPB Monitor

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Financial condition and competitive market environment and client base. Legal and regulatory compliance.