Providers provide digital innovations that help treasurers sail in an increasingly complex and interconnected global financial landscape.
Geopolitical tensions increase, manifesting in volatile trade relations, unpredictable changes of regulation and fragmented global supply chains. For corporate treasurers, instability translates into increased volatility of currency, an increased risk of counterpart and a critical need for real -time visibility in global liquidity and payments to navigate in disturbances and ensure the continuity of activities.
In response, financial institutions innovate rapidly, developing new platforms and services designed to improve resilience, optimize liquidity and rationalize global operations. The offers range from advanced cash management systems to real -time payment solutions, robust cross -border capacities and cutting -edge technologies, all aimed at allowing treasurers to make faster and more enlightened decisions.
Collectively, these innovations highlight a central transformation in the corporate treasure. From visibility in cash in real time and automated debts to seamless world payments and sophisticated risk management tools, industry is heading towards a more digital, data and strategically integrated cash function. This development does not only concern efficiency, but allows treasurers to sail in an increasingly complex and interconnected global financial landscape, transforming geopolitical challenges into increased and strategic resilience possibilities.
Meet the winners
The best bank in the world for the transaction bank | Société Générale
By sailing on the complexities of real -time payments, Societe General excels as an instant innovator of payments, offering rigorous tests and dedicated IT support, including customer training. While customers expect similar features for domestic and cross-border payments, Jean-François Mazure, head of cash compensation services, notes that customers have trouble differentiating themselves. It is essential to converge the two types of payment, which depends on the financial market infrastructure of inter-comusion, he underlines.
Many market initiatives, including IXB between the United States and Europe, face important obstacles, warns Mazure: “It is really complex from the point of view of compliance and the legal framework. So, for the moment, none of these initiatives has managed to increase. ”
To interconnect payment systems in real time, says Mazure, the most likely path is to adopt the principle “One Jung Out” (OLO) already in service for transactions involving a bank inside the European economic zone and a bank outside. But all parties will have to continue to line up so that interconnectivity is carried out. OLO’s success depends on compliance with ISO 20022 standards as well as the resolution of commercial challenges and responsibility in various regimes.
The best world bank for species management | America Bank
Reflecting the need for coherent global visibility and control, Bank of America has seen the version of the application of its cashpro platform exceeding $ 1 billion of payment approval in 2024. CashPro allows customers to manage cash operations on several channels: online, application, API and interfaces based on files.
“One thing that distinguishes CashPro is its global consistency,” said Tom Durkin, head of CashPro in Global Payments Solutions de Bofa, “so that when the company’s financing team has team members in different countries, they will all have access to the same tools and the same opinions.
A large part of CashPro’s success is due to the close commitment of Bofa with customers, he notes, in particular those who participate in customer council meetings: “This dialogue is so important. We make deep dives in the priorities and challenges of our customers, we present options for new features and discuss if these innovations will solve their real problems. ”
The Bank’s strategic vision for cashpro “will always be to provide a platform the best in personalized, predictive and proactive class”, explains Durkin. “A recent demonstration is the way we have integrated cashpro into the own systems of our customers via the cashpro network, collaboration with third -party suppliers allowing a quick and easy connection to the bank with little or no investment.”
The best bank in the world for long -term liquidity management | Citi
While the economy in real time exerts new requests to global liquidity, Citi, has taken advantage of its vast network to provide sophisticated solutions.
“The transition to a 24/7 real -time economy presents both challenges and opportunities,” explains Debopama Sen, responsible for payments at Citi Services. “Balancing speed with robust safety is crucial. Companies must adapt their liquidity management strategies for 24 -hour operations, which requires new approaches and capacities. ”
Currently, 80 countries operate a live payment network live, but these systems all work for interior transactions.
The best world bank for payments, the best supplier of world white label systems – Bank & World’s Best Bank for Financial Institutions | Bny
The request for immediate visibility in cash, automated forecasts with AI and analysis, virtual accounts and real -time payments for faster and enlightened decisions and an optimized working capital weigh the pressure on corporate treasurers. Recognizing the acceleration of demand for 24/7 operations and instant payments, BNY implements a modernization of payment infrastructure which allows the delivery of multi-money access, automation and evolving solutions every hour via its payment activation platform.
The service promises 24/7 of US dollars payments, a delivery of real -time data and an improvement in liquidity management. BNY also facilitates instant cross -border payments through global relations, as with the Commonwealth Bank of Australia, for real -time cross -border transfers and advances national real -time payments by supporting real -value real -time payment transactions. At the beginning of last year, BNY completed the largest instant payment in the history of the United States on its RTP network, exceeding $ 1 million. The bank also offers the outsourcing of exchanges and its service to the commercial network, which helps banks for compliance and reduction of KYC costs. And his collaborations with Mizuho Bank improve international commercial connectivity.
The best bank in the world for collections | Wells Fargo
To combat the ineffectiveness of manual cash applications and optimize working fund, Wells Fargo has improved its integrated receivable service with improved FXWire functionality and direct internal integration, reduction of customer implementation times.
Using AI, automatic learning (ML) and robotic treatment, integrated receivables replace manual cash application, reintegration of payments by sending funds and corresponded to opening it up invoices, in turn reducing the days of sale in circulation (DSO) up to 30%, automating the application in electronic cash and freeing time. Technology deals with thousands of transactions in seconds, learning and continuously improving; A customer reported a 95%processing result.
Cross -border cross -border payment solution in the world | Fides Treasury Services
For companies with the subtleties of global management of payment flows, Fides Treasury Services launched its intuitive OneHub platform at the start of last year. Having reached ISO preparation 20022 in 2024, OneHub simplifies payments to major and regional banks.
Fides offers a “hybrid” service with Double BIC for banks outside the Core Swift network, dealing with more than 6 dollars per year. It connects more than 4,000 customers to more than 13,000 banks worldwide to 3,000 direct connections and treat payments in more than 200 countries. Fides provides tools for global payments, financial compliance, sanctions screening, fraud and security prevention, and in March launched OnePool, a funding solution.
Best supplier of world’s white label systems – non -banquement | Ionic treasure
Responding to the growing need for accessible but powerful treasure management technologies, Reve Treasury Services, owned by Ion Treasury provides a flexible and marked white treasury management system.
RENVAL TS specializes in species management, in particular pooling, liquidity forecasting, financial transactions management, risk management, monitoring and intersocated financing and accounting. It adapts its offer to companies that do not require an autonomous system, allowing them to implement only essential features via their bank.
Reval TS integrates with Ion AI to provide cash forecasts fueled by ML, generating forecasts quickly from historical data. Future offers should include enlarged ML services, improved relaxing API integration and support for OpenSource databases like PostgreSql to improve efficiency, security and profitability, considerably reducing the total cost of banks.
The best world supplier of short -term investment funds / monetary market | Korean industrial bank
Responding to the evolution of market dynamics and the demand of investors for short -term stable investment options, the Korean industrial bank was the pioneer of the first floating rate of South Korea linked to Korea of the day’s financing rate (KOFR). The product aims to meet the need for an easily available stable investment option, strengthening the Korean financial system.