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5 Steps to Better Treasury Management

South State Correspondent

If one product is the future of banking, it is treasury management. In this article, we detail the five steps to building a treasury management strategy, provide some tools to execute those steps, and then provide a complimentary survey to assess your strengths and weaknesses. It starts by targeting the right customers.

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Why Unified Commerce Is Critical For Merchants — And Catnip For Fraudsters

PYMNTS

In an interview with Karen Webster, Carleigh Jaques, senior vice president and general manager of CyberSource , a Visa solution, said commerce is now different, especially for smaller enterprises. What we are learning now is that the definition of ‘unified commerce’ is a lot more flexible.”. Time is of the essence.

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10 Lessons From The Small Business Banking Conference

South State Correspondent

Where there is no correct answer, the takeaway was that the most successful banks have a clearly communicated definition and often meet with their retail, commercial, and specialty counterparts to manage issues and conflicts. Many banks were looking to install more automation to lower operating costs.

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Row in the Same Direction: Branch Profitability in Practice

Jeff For Banks

This is a tall order because in my experience, branch profitability is not widely calculated, and certainly not widely used in creating the operating discipline needed to deliver to the bank's stakeholders. But that is certainly what you are motivating branch managers to do if you use deposit growth as one of their strategic goals.

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US Liquor Sales Rise, But Not Enough To Offset COVID-Related Global Revenue Decline

PYMNTS

By region, Diageo’s Asia sales saw the biggest drop at 16 percent. The company attributed that to the fact that many countries in that region not only shuttered bars and restaurants, but also liquor stores. However, not all regions showed declines: North America bucked the trend and saw its sales rise 2 percent.

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Drive.ai To Launch Self-Driving Car Pilot In Frisco, Texas

PYMNTS

said that starting in July — and in conjunction with the Frisco Transportation Management Association, it will offer rides to more than 10,000 people in self-driving vehicles. Today definitely marks a mobility milestone for our entire region. In a press release , Drive.ai Ahead of the launch of the pilot, Drive.ai

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Asia-Pacific’s Anti-Cash Migration Spreads To Corporates

PYMNTS

And while that trend is universal, the Asia-Pacific region is a particular hotbed for mobile FinTech. Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too. Earlier this month, MC Payment said it raised $3.5

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