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The Emerging Importance of a Multibank Payment Factory, TMI Magazine, TMI 237
TMI speaks to five industry experts to understand how treasurers can help shore up supply chains right now – with quick-to-implement solutions. We also examine how companies can finance their supply chains for economic recovery, taking in to account emerging trends such as sustainability and the potential resurgence of domestic sourcing.
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.
In a rapidly evolving business environment, while it is critical to focus on immediate challenges – from liquidity issues to increased cyber risk – it is also vital to think about ways to make treasury more robust in the future.
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