World Payments Report 2023

Where is the cash? Accelerate corporate cash management transformation to build value.

Banks and payment services firms need to rebalance their focus between retail and commercial payments to maximize value, and a one-size-fits-all approach to servicing corporate clients will not be successful.

  • Meet the changing expectations of corporate treasurers and provide them a 360-degree view of their cash for more efficient working capital management.
  • Prioritize top-down commitment, cohesive planning, and structural reforms to make transaction banking digital transformation happen, including more effective cash management services.
  • Build strategic cash management relationships with corporate clients to reduce competitor disintermediation and increase cross-sell and up-sell opportunities.

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