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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. As such, operating accounts have low-interest rate sensitivity.

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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

As many teams within businesses big and small had continued to rely on paper and manual processes, AP operations were tasked with migrating to a work-from-home environment quickly. “The finance function, historically, hasn’t been managed in a remote working environment,” he said. ” Offering the Right Tools.

Regional 214
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Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS.

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KKR To Buy Dutch Holiday Parks Company Roompot From PAI

PYMNTS

KKR, the New York-based global investment firm, signed an agreement to buy the Dutch holiday parks company Roompot Group from PAI Partners, the companies announced Thursday (June 18). Founded in the Zeeland region of the Netherlands 55 years ago, Roompot is one of the largest holiday parks and campsite operators in Europe.

Company 168
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Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. With the tie-up, the items are listed under handles for regional Goodwill locations. With the tie-up, the items are listed under handles for regional Goodwill locations.

Regional 145
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Bird To Roll Out Scooter Program In Three Regions

PYMNTS

According to reports , Bird will first roll out the platform in New Zealand, where it has already partnered with a local startup to manage its fleet of scooters. Bird Chief Executive Travis VanderZanden told the newswire the platform aims to provide scooters to local entrepreneurs in areas where the company wasn’t planning to launch.

Regional 117
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Mastercard Selects New President For European Operations

PYMNTS

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Mastercard’s European businesses cater to more than 950 million people via business partnerships with retailers, financial institutions (FIs) and other companies.