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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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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. This tech is also aimed to serve as the challenger bank or “sidecar” core offering for the digital subsidiaries of community and regional banks.

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Mastercard, EedenBull Extend Into Asia Pacific

PYMNTS

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). The card program allows financial institutions to establish commercial cards and rewards programs and to manage those accounts.

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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

PYMNTS

Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. Softbank’s move into Latin America is also looking at artificial intelligence (AI) startups that apply the technology to food-related businesses, particularly plant-based food.

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ERI CROWNED BEST OPERATIONAL EFFICIENCY SOLUTION AT THE ASIAN PRIVATE BANKER – 7TH TECHNOLOGY AWARDS

Bobsguide

The Asian Private Banker Technology Awards celebrate the innovations and achievements of Asia’s rapidly growing financial technology sector. ERI is extremely proud to have been recognised for the excellence and robustness of our technology solutions in APAC, one of the most competitive and demanding market.

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APIs Streamline Cross-Border SMB Payments

PYMNTS

Managing and executing payments globally can be a sticking point, though, as companies must grapple with fund flows across banks and supply chains , where fees accrue and processing times can be slow. Comparing this industry between five years ago and now, there’s a lot of technology that makes it easier to do business,” said Wong.

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Germany’s State-Backed Banks Advance Merger Discussions

PYMNTS

Talks between Frankfurt bank Helaba and asset manager Deka were sparked by regional banking heads. Landesbanken are regional, wholesale-focused institutions that serve the local savings banks, or Sparkassen, and are co-owned by the Sparkassen and regional government.

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