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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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10 Bank Technology Trends to Follow for 2024

South State Correspondent

While technology has always been important in banking, it has yet to drive the essential functions of banking. We tracked almost 100 banking technology trends throughout the year and now bring you the top ten, in order, based on our view of long-term strategic importance. In the last year, this has started to change.

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Regtech in banking: How emerging technology helps keep banks compliant

Abrigo

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

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Regtech in banking: How emerging technology helps keep banks compliant

Abrigo

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

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How The Corporate Card Recharted Its Adoption Course

PYMNTS

One of the biggest factors behind that adoption trend is the need for small- to medium-sized businesses (SMBs) to enhance working capital management, with nearly half of SMBs surveyed by Mastercard noting they were one missed payment away from going under. Everybody’s really concerned about cash,” said Leavitt. A Recharted Future.

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A new era of technology enabled financial risk management (Part 1)

Insights on Business

In this series of blogs, we will focus on four transformative technologies with emerging risk applications that can help banks and financial institutions grow profitability and protect the enterprise. Each technology is at the start of an enormous adoption growth curve, and has been the subject of intense discussion.

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JPMorgan On The Digital Transformation Of Corporate Liquidity Management

PYMNTS

The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. Though technology is accelerating and improving access to information, maintained Schwartz. “A For executives to have that holistic insight, explained Schwartz, visibility is key.