The shift to digital processes has already been a fruitful one for corporates, but the benefits are set to keep flowing, writes Thomas Dolenga, head of cash management product development at UniCredit, in TMI. As technology companies move into the financial space, bringing innovative tools for corporate transactions, they are stoking the fires of competition – causing banks to ramp up …
Following outreach from Moorgate, Commerzbank has won a raft of awards for its treasury and cash management services. Commerzbank has been named both the ‘Best Bank for Payments and Collections in Central and Eastern Europe’ and the ‘Best Provider of Treasury and Cash Management in Germany’ by leading financial magazine, Global Finance. The ‘Treasury and Cash Management Provider’ awards recognise the institutions standing …
Banks and fintechs should partner rather than compete, says Deutsche Bank’s whitepaper ‘FinTech 2.0: Creating new opportunities through strategic alliance’. In the new paper on technological innovation, Deutsche Bank posits that far from seeing them as competition, traditional banks must collaborate with industry disruptors and new players in order to continue to innovate. “Innovation is not …
