As instant payments grow and business models evolve in the region and globally, treasuries need innovative liquidity management solutions that support rapid business growth and 24/7 cash flows.
Banking, liquidity, corporate treasury technology and payment systems are moving towards an always-on, real-time future. Key enablers such as cloud computing application programming interfaces (APIs) and blockchain may link payments and experiences with unprecedented speed.
There are some hurdles to overcome: well-structured and clean data is a prerequisite, for instance. Likewise, real-time will be a process, not a big bang event: host-to-host connectivity with banks could presage an API-driven future. But a real-time treasury – supporting 24/7 commercial, operational, and financial goals – is on the way. Ultimately, therefore, companies may need to be sufficiently agile as they explore new technologies in support of their evolving business models.
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