Julie Zawacki-Lucci, CTP’s Post

🌎 Cash management is undergoing a transformative journey, shaped by economic shifts, technological advancements, and strategic visions. The anticipation for future dialogues on the ever-evolving landscape of cash management is palpable. Here are 4 key trends that will influence the path of transaction banking in the coming future. Learn more of our capabilities here: https://lnkd.in/dV2daVNB #TietoevryBanking #BankingIndustry #CashManagement

An article authored by Christos Kafouris, Senior Associate at Elias Neocleous & Co LLC, published in Phileleftheros/ Insider, explores the key trends shaping the future of corporate banking in view of the rapid advancements in technology, shifting client expectations, and increasing focus on sustainability. It further explores the role of corporate bankers and how financial institutions are gearing up to adapt to these changes. https://lnkd.in/d4YarNne

Cash management is really evolving these days 😀 . I've been noticing some interesting shifts in transaction banking. Here are four trends that have caught my eye: 👉🏻 Digital Innovation ✌🏻 Data-driven Insights 👫🏻 Customer-Centric Solutions 🧐 Regulatory Compliance Can't wait to see where these trends take us! 😊 https://lnkd.in/ggHaT-V6

Is the bank-treasurer relationship all about basic transactions? Not really It may be so traditionally, but the game is changing (read till end for a real-life examples 👇) Banks & treasurers can collaborate in more ways you know ;) 💹 The Complex Markets Global markets are complex. Banks, with their in-depth market knowledge and risk management expertise, can be invaluable partners. For example, a bank might offer structured products that help a company hedge against foreign exchange fluctuations, protecting their profit margins. 👩💻 Tailored Solutions are not just for clients  One-size-fits-all approaches rarely work in treasury management. By working together, banks can develop customized solutions that address treasurers' specific needs. Perhaps a company is looking to optimize its working capital. A bank could then offer a reverse factoring solution, allowing them to access immediate cash at a discounted rate, freeing up working capital for other strategic initiatives. Here’s a real-life example:  A) Benchmarking When you are lacking time to and resources, try to reach out to your Banker and ask for diagnostic analysis of your Treasury Function and benchmarking against industry peers, That enables the Treasurer drawing a roadmap for future strategic improvement. B) Reporting : I used to get countless reports from different banks - due to the different company accounts, leading to poor visibility over balances and cash movements. - Repetitive tasks - Back and forth between the reports - Additional checks, analysis, and tally Until one day, I thought… Why doesn't one bank receive all the reports, consolidate them, and send me a final report? And I’m sure, this ‘customized solution’ can work for so many of you treasures as well! C) Financing  We had a need for a tailored specific (Digital) financing solution in a country of operations, and with collaboration with a bank they took it further with the regulator (Central Bank) to introduce the solution and get it approved. Now I can see many other corporations using it for financing their vendors. D) Cash Operations: Diving deeper to daily operation and tailor make innovative solutions to improve cash handling processes even go extra mile and collaborate with technology provider to make it more smooth and fit for purpose The future of treasury management is collaborative. By working together, banks and treasurers can unlock new levels of efficiency, innovation, and financial resilience. What are your thoughts on this evolving partnership? #treasurymanagement #banks #collaboration #innovation #financialpartnerships #futureofwork

How do you turn uncertainty into opportunity? This article highlights a few key strategies for the future of banking, specifically driving profitability in all lines of business with a centralized IT infrastructure. Read more here: https://lnkd.in/eMAJm3qn

Are you prepared to explore the future of finance? Check out Finextra's on-demand webinar, "Reimagine Banking." Discover key strategies from Finastra’s Maria Lympousi on modernizing core banking systems while effectively managing risks. This is a valuable opportunity to learn how to navigate challenges and harness potential in the financial industry. Watch the webinar now 👉 https://okt.to/esHBN0 #ReimagineBanking #FinastraUniversalBanking

Discover how in-house banking can transform your treasury operations with our latest blog, In-House Banking Solutions: Driving Working Capital Efficiencies. This article delves into the strategic advantages of centralizing cash and liquidity management, enhancing governance and compliance, streamlining banking relationships, and leveraging data-driven insights for better financial decision-making. Learn how partnering with FTI Treasury can future-proof your treasury function and unlock new levels of efficiency and control. Read more here: https://lnkd.in/eKyAP2UF #TreasuryLeadership #InHouseBanking #WorkingCapital #TreasuryInnovation #FTITreasury

More than 9 out of 10 banking M&A deals are among community financial institutions. With a majority of financial institution CEOs reporting plans to engage in M&A by the end of 2024, smaller institutions are under pressure to operate at larger scale.

Fintech Fusion: Mastering the Art of Banking Partnerships - American Banker: Hear from Members 1st Federal Credit Union how to identify potential fintech partners by asking the right questions, ensuring alignment with your ...

Happening at 1 pm Eastern! Banking leaders, please join us to learn how to Scale Your Growth in 2025 and beyond! It's not too late! Here's the link to register: https://hubs.la/Q02YLVcj0