Shoring up Treasury’s Cyber Defences: 9 Smart Steps

The combination of better, increasingly real-time data and easier, more bespoke ways of exchanging this data, has an alchemic effect. Increasingly, treasurers’ role becomes less one of transaction execution and more one of analysis to drive value-added decision-making.

Tomorrows treasury is making waves today, says Thomas Stosberg. In advance of Bellins 1TC Treasury Convention in Rust, Germany, as big data increases cyber-security breaches, and real-time payments can be a bit too real.

Thanks to advances in mobile security and evolving employee demand, treasurers are beginning to see the benefits of allowing treasury staff to access their company’s corporate banking portals on their phones.

Industry 4.0 is changing the way businesses operate and compete, powering a new breed of treasury management solutions and strategies. Without a robust understanding of the challenges and opportunities that Industry 4.0 – and importantly Treasury 4.0 – brings, companies risk losing their competitive edge.

How can organisations ensure their processes are optimised for efficiency - and make sure they are not missing out on what evolving technology can do for them?

How can treasury go about finding the right banking partners to accompany them on their growth journey? YFAI's Head of Treasury explains what to look for from a corporate perspective.