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TMI is presented in association with
Srinivas Kasturi and Daniela Eder, Barclays, explain how treasurers can plug in to the potential upsides of digital business models - through tools such as instant payments - while outlining how to manage associated risks.
Treasurers are making huge efforts to embrace digitisation, but they cannot do it alone. As such, they are turning to their relationship banks for smart solutions. In turn, banks are leveraging fintech collaborations and client co-creation sessions to deliver cutting-edge offerings. But is this enough to enable true digital transformation for treasury?
Micron Technology's decade long partnership with HSBC has proven pivotal in solving the data storage producer's issues around high-value payments processing, a complicated process that is performed to a strict time-limit.
The successful processing of these critical payments has not only strengthened the consultative relationship between the two organisations, but underlined what can be achieved through collaborative working.
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