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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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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. We ranked the Top 20 Deposit-Rich Industries ( HERE ).

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FHFA announces Office of Financial Technology

CFPB Monitor

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. Putting wild valuations aside, these two deals should provide insights to bankers and the technologists who support the industry.

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Financial Technology Trends and Focus: Moving Forward into 2021

Jack Henry

Reflecting back on 2020, the community banking and credit union industries should be proud of how this unprecedented pandemic and resulting economic crisis was managed. Happy New Year! This familiar wish resonates now more than ever before.

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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. Similar challenges have emerged in industries like travel and healthcare, though with unique reasons for each.

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Flywire CEO: How Higher Ed Must Find 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 the coronavirus an immense challenge for the higher education system. “Every industry has to look at what their own recovery trajectory looks like,” said Massaro.