Think instant payments are only for treasurers in consumer-facing businesses? Or that real-time payments offer just a handful of treasury beneﬁts? Then it’s time to take a fresh look at what these schemes mean for cash and liquidity management, and how market innovations such as request-to-pay and auto-investment solutions are enabling treasurers to extract maximum value from the real-time environment.
Working closely with HSBC’s Global Liquidity & Cash Management (GLCM) team, TfL introduced HSBC’s Beneficiary Self-Management solution early in 2018. This solution is designed to speed up repayments and avoid the inefficiencies of making one-off, low value Oyster card refunds. We find out how TfL implemented it in order to enable better decisions and improve quality of life.
By participating in a pilot project across BNP Paribas' international network, FAAC has now created a global, fully automated and harmonised, end-to-end liquidity structure that will grow with the group as it continues to expand.
Building a European treasury hub from scratch is no mean feat – especially when you are aiming to take efficiency gains to a whole new level. Read this case study to find out how Aspen streamlined its bank account management and sped up its payment process.
Multilateral netting is one of the most underestimated ways to optimise intercompany payments and group performance. Martin Bellin, Founder and CEO of the BELLIN Group, explains why multilateral netting deserves a little more attention - and how treasurers can make the most of it.
The European payments sector is continuing to make significant headway around real-time payments, however a fragmented ecosystem due to contrasting time zones and limited clearing hours is restricting progress for European corporates. Nevertheless, next-generation services such as SWIFTgpi are stepping in to relieve these administrative restraints and deliver cross-border payments with unprecedented speed and transparency.