The Deutsche Bank’s white paper “The road to real-time treasury” explores how the ongoing shift to real-time treasury is well under way, with the fundamental technologies for functions such as real-time FX conversion and hedging and real-time cash-flow forecasting already in place.
According to Euromoney’s “Treasury Non-Stop: Excitement builds for real-time” survey, commissioned by Deutsche Bank, there is a groundswell of demand for real-time treasury capabilities – with almost 85% of respondents stating that they would value the ability to move cash around the clock and in real time. Just under 87% believe that 24/7 instant payments will have a positive impact on liquidity planning, forecasting and placement.
Authors conclude that real-time payments and Open Banking are already being combined to remarkable effect – enabling solutions such as “push” payments, which can reduce transaction fees and eliminate traditional settlement periods of two to three days incurred by merchant acquirers.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.